The Consumer Credit (Agreements) (Amendment) Regulations 2004

Amendment of the Consumer Credit (Agreements) Regulations 1983

17.—(1) Schedule 8, Part 2 (information to be contained in documents embodying regulated modifying agreements varying or supplementing earlier hire agreements) is amended as follows.

(2) For paragraph 1 substitute—

“1

All types

(1) A heading in the following form of words—“Agreement modifying a Hire Agreement and regulated by the Consumer Credit Act 1974”. (2) Where the credit is being secured on land the words “secured on” followed by the address of the land shall be inserted at the end of the heading.”.

(3) In column 2 of paragraph 10 for the words “An indication of any” substitute “A list of all”.

(4) After paragraph 10 insert—

“Cancellation rights
11	Modifying agreements that are not treated as cancellable agreements under section 82(5) of the Act.	A statement that the modifying agreement is not cancellable.”.