(This note is not part of the Regulations)
These Regulations specify information which must be disclosed to a debtor or hirer before a regulated agreement within the meaning of the Consumer Credit Act 1974 is made and prescribe the manner in which the information must be disclosed. The Regulations do not apply in respect of agreements to which section 58 of the Act applies nor in respect of distance contracts (as defined in regulation 1(2)).
A full regulatory impact assessment of the effect that this instrument will have on the costs to business is available from the Consumer and Competition Policy Directorate of the Department of Trade and Industry, 1 Victoria Street, London SW1H 0ET.