xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"

SCHEDULES

Valid from 01/10/2015

SCHEDULE 4U.K.Amendments consequential on Part 2

Arbitration Act 1996 (c. 23)U.K.

30U.K.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.U.K.

(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.

32U.K.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.

33U.K.In section 91(1) (arbitration agreement unfair where modest amount sought) for “Regulations” substitute “ Part ”.