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The Consumer Credit (Termination of Licences) Regulations 1976

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Citation, commencement and interpretation

1.—(1) These Regulations may be cited as the Consumer Credit (Termination of Licences) Regulations 1976 and shall come into operation on 3rd August 1976.

(2) In these Regulations—

“the Act” means the Consumer Credit Act 1974;

“the court” means in relation to England and Wales the High Court or any county court having jurisdiction in bankruptcy and in relation to Scotland the Court of Session or any sheriff court having jurisdiction in bankruptcy;

“licence” means a standard licence and “licensee” shall be construed accordingly;

“period of deferment” means the period specified in regulation 3;

“terminating event” means an event on the occurrence of which a licence is to terminate by section 37(1) of the Act or regulation 2 of these Regulations;

and except where the contrary intention appears, other expressions used in these Regulations have the same respective meanings as in the Act.

(3) The Interpretation Act 1889 shall apply for the interpretation of these Regulations as it applies for the interpretation of an Act of Parliament.

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