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

Prospective

PART 2 U.K. Amendments to primary legislation

Amount of credit in running-account agreement U.K.

45.  In section 17 (small agreements), for subsection (2) substitute—

“(2) For the purposes of paragraph (a) of subsection (1), running-account credit shall be taken not to exceed the amount specified in that paragraph if the credit limit does not exceed that amount.”.

Commencement Information

I1 Reg. 45 in force at 1.2.2011, see reg. 99(1)