The Consumer Credit (EU Directive) Regulations 2010

Prospective

Consumer Credit (Disclosure of Information) Regulations 2004U.K.

This section has no associated Explanatory Memorandum

76.  In regulation 3 (information to be disclosed to a debtor or hirer before a regulated agreement is made), after paragraph (1), insert—

(1A) In the case of an agreement falling within regulation 2(1)(c), (d) or (e), the creditor shall provide, in addition to the information specified in paragraph (1), a statement in accordance with section 157(A1) of the Act that if the creditor decides not to proceed with a prospective regulated consumer credit agreement he must, when informing the debtor of this decision, inform the debtor that this decision has been reached on the basis of information from a credit reference agency and of the particulars of that agency..

Commencement Information

I1Reg. 76 in force at 1.2.2011, see reg. 99(1)