Transitional provision in relation to this Order12
1
This article makes provision in connection with the application of the provisions of the Consumer Credit Act 1974 (the “1974 Act”) to a green deal plan which—
a
is made in the period starting with 1 April 2014 and ending with the day on which this Order is made, and
b
is not a regulated credit agreement for the purposes of Chapter 14A of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 at the time it is made, but
c
becomes on the coming into force of this Order a regulated credit agreement for those purposes in consequence of provision made by this Order (an “interim plan”).
2
3
Sections 76, 86, 8736 and 98 of the 1974 Act do not apply in respect of an entitlement of the creditor to take a step or action which arises in connection with an interim plan before this Order comes into force.
4
5
Section 78A40 of the 1974 Act does not apply to an interim plan in respect of a change in interest rate which takes effect before this Order comes into force.
6
Section 82(1) to (1E)41 of the 1974 Act does not apply to a variation to an interim plan which takes effect before this Order comes into force.
7
8
Section 130A45 of the 1974 Act does not apply to an interim plan in respect of a sum that is required to be paid under a judgment given before this Order comes into force.