The Consumer Credit (Advertisements) Regulations 1989

PART IPRELIMINARY

1Citation, commencement, interpretation and revocation

PART IIFORM AND CONTENT OF ADVERTISEMENTS

3Representative terms

PART IIISPECIAL PROVISIONS FOR CREDIT ADVERTISEMENTS

4Credit advertisements in dealers' publications covering a calendar or seasonal period

5Full credit advertisements in dealers' publications

6Credit advertisements on the premises of a dealer

7Restrictions on certain expressions in credit advertisements

8Prominence to be afforded to the APR in credit advertisements and wording of prescribed information

9Application of Regulations

10Transitional provisions

SCHEDULE 1INFORMATION IN CREDIT ADVERTISEMENTS

PART Imaximum information that may be contained in simple credit advertisementsin whole or in part

4Telephone number

6Other information

PART IImaximum information to be contained in intermediate credit advertisementsCompulsory information

1Name and address or telephone number

4Deposit of money in an account

5Credit-broker’s fee

6Information about terms of business

9Foreign currency mortgages

10Optional information

PART IIIminimum information to be contained in full credit advertisements

1Name and address

4Deposit of money in an account

5Credit-broker’s fee

8Restricted offers of credit to class or group of persons

9Nature of security not affecting debtor’s home

10Frequency, number and amount of advance payments

11Different treatment of cash and credit purchasers

12Frequency, number and amount of repayments of credit

13Other payments and charges

14Total amount payable by the debtor

16Foreign currency mortgages

SCHEDULE 2INFORMATION IN HIRE ADVERTISEMENTS

PART Imaximum information that may be contained in simple hire advertisementsin whole or in part

4Telephone number

6Other information

PART IImaximum information to be contained in intermediate hire advertisementsCompulsory information

1Name and address or telephone number

2Nature of transaction

5Deposit of money in an account

6Credit-broker’s fee

7Information about terms of business

8Optional information

PART IIIminimum information to be contained in full hire advertisement

1Name and address

2Nature of transaction

5Deposit of money in an account

6Credit-broker’s fee

8Restricted offers of hire facilities to class or group of persons

9Nature of security not affecting hirer’s home

10Frequency, number and amount of advance payments

1Duration of hire

12Frequency and amount of hire payments

13Other payments and charges

14Variable payments and charges

SCHEDULE 3PROVISIONS RELATING TO DISCLOSURE OF THE TOTAL CHARGE FOR CREDIT AND THE APR

1Use of representative information in calculation of the total charge for credit and the APR

2Permissible tolerances in disclosure of the APR

3Tolerance where repayments are nearly equal

4Tolerance where interval between relevant date and first repayment is greater than interval between repayments

5Tolerance where Consumer credit tables do not exactly apply

6Tolerance where period rate of charge is charged

SCHEDULE 4REVOCATIONS

1989 No. 1125

CONSUMER CREDIT

The Consumer Credit (Advertisements) Regulations 1989

Made5th July 1989

Laid before Parliament6th July 1989

Coming into force1st February 1990

The Secretary of State, in exercise of the powers conferred on him by sections 44, 151(1), 182(2) and 189(1) of the Consumer Credit Act 19741 and of all other powers enabling him in that behalf, hereby makes the following Regulations:—