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 ”.