The Consumer Credit (EU Directive) Regulations 2010 No. 1010

Prospective

PART 2 U.K. Amendments to primary legislation

Overdrafts etc U.K.

16.  In section 55 (disclosure of information) for subsection (2) substitute—

“(2) If regulations under subsection (1) are not complied with, the agreement is enforceable against the debtor or hirer on an order of the court only (and for these purposes a retaking of goods or land to which the agreement relates is an enforcement of the agreement).”.

Commencement Information

I1 Reg. 16 in force at 1.2.2011, see reg. 99(1)