SCHEDULES
SCHEDULE 4Amendments consequential on Part 2
Arbitration Act 1996 (c. 23)
30
The Arbitration Act 1996 is amended as follows.
31
1
Section 89 (application of unfair terms regulations to consumer arbitration agreements) is amended as follows.
2
In subsection (1), for “the Unfair Terms in Consumer Contracts Regulations 1994” substitute “
Part 2 (unfair terms) of the Consumer Rights Act 2015
”
.
3
For subsection (2) substitute—
2
In those sections “the Part” means Part 2 (unfair terms) of the Consumer Rights Act 2015.
32
For section 90 (regulations apply where consumer is a legal person) substitute—
90Part applies where consumer is a legal person
The Part applies where the consumer is a legal person as it applies where the consumer is an individual.
33
In section 91(1) (arbitration agreement unfair where modest amount sought) for “Regulations” substitute “
Part
”
.