1998 No. 996
The Consumer Credit (Increase of Monetary Limits) (Amendment) Order 1998
Made
Coming into force
Whereas a draft of this Order has been laid before Parliament and approved by each House of Parliament pursuant to section 181(2) of the Consumer Credit Act 19741 (hereinafter referred to as “the Act”):
Now, therefore, the Secretary of State, in exercise of the powers conferred on her by section 181(1) of the Act, and of all other powers enabling her in that behalf, hereby makes the following Order:—
1
This Order may be cited as the Consumer Credit (Increase of Monetary Limits) (Amendment) Order 1998 and shall come into force on 1st May 1998.
2
The Consumer Credit (Increase of Monetary Limits) Order 19832 is hereby amended in its Schedule, in Part II, in column “(4)”, by substituting, for the limit of “£15,000” where it appears in the first three entries in that column, (relating to sections 8(2), 15(1)(c) and 43(3)(a) of the Act respectively), the limit of “£25,000”.
(This note is not part of the Order)