Consumer Credit Act 2006

63Disapplication of s.101 of the 1974 ActU.K.

This section has no associated Explanatory Notes

(1)In section 101 of the 1974 Act (right of hirer to terminate regulated consumer hire agreement) after subsection (8) insert—

(8A)If it appears to the OFT that it would be in the interests of hirers to do so, it may by general notice direct that, subject to such conditions (if any) as it may specify, this section shall not apply to a consumer hire agreement if the agreement falls within a specified description; and this Act shall have effect accordingly.

(2)In subsection (8) of that section for the words from “this section” onwards substitute “ , subject to such conditions (if any) as it may specify, this section shall not apply to consumer hire agreements made by the applicant; and this Act shall have effect accordingly ”.

Commencement Information

I1S. 63 in force at 16.6.2006 by S.I. 2006/1508, art. 3(1), Sch. 1