This Order brings into operation certain provisions of the Consumer Credit Act 1974 by appointing days for the purposes of Schedule 3 to that Act (which contains transitional and commencement provisions).
The appointed days (see article 2) are as follows:—
| Paragraph of Schedule 3 to the Act | Subject Matter | Appointed Day |
|---|---|---|
| 8 | Part IV of the Act (which relates to seeking business) not to apply to any advertisement published before the appointed day. | 6th October 1980 |
| 47 | Sub-sections (1) and (2) of section 151 (which apply certain provisions of Part IV relating to advertising to advertisements published for the purposes of certain ancillary credit business) not to apply to any advertisement published before the appointed day. | 6th October 1980 |
Articles 3 to 5 introduce consequential amendments and repeals.