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The Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019
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PART 6U.K.Minor and consequential amendments
Modifications etc. (not altering text)
C1Pts. 3-6 modified in part (31.12.2020) by The Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/680), regs. 1(2), 11(1)(4)(5) (with reg. 11(8)-(10)) (as amended by S.I. 2020/1301, regs. 1, 3, Sch. para. 40(f)); 2020 c. 1, Sch. 5 para. 1(1)
Consumer Credit Act 1974U.K.
194.—(1) In consequence of the amendments made by regulation 89 and other provisions of these Regulations, section 8 of the Consumer Credit Act 1974 M1 (consumer credit agreements) is amended as follows.
(2) In subsection (3)(b) M2, for the words after “an agreement” substitute “ the purpose of which is the acquisition or retention, by an individual acting for purposes outside those of any trade, business or profession carried on by the individual, of property rights in land or in an existing or projected building ”.
(3) After subsection (3) insert—
“(3A) A reference in paragraph (3)(b) to any land or building—
(a)in relation to an agreement entered into before [F1IP completion day], is a reference to any land or building in the United Kingdom or within the territory of an EEA State;
(b)in relation to an agreement entered into on or after [F1IP completion day], is a reference to any land or building in the United Kingdom.”.
Textual Amendments
F1Words in reg. 194(3) substituted (30.12.2020) by The Financial Services and Economic and Monetary Policy (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/1301), regs. 1, 3, Sch. para. 33(x)
Commencement Information
I1Reg. 194 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)
Marginal Citations
M2Subsection (3) was substituted by S.I. 2015/910 and was amended by S.I. 2016/392.
Electronic Money Regulations 2011U.K.
195. In consequence of the amendment made by regulation 144, in Schedule 2A M3 to the Electronic Money Regulations 2011 M4, in paragraph 1 omit sub-paragraph (13).
Commencement Information
I2Reg. 195 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)
Marginal Citations
M3Schedule 2A was inserted by S.I. 2014/366.
Payment Services Regulations 2017U.K.
196. In consequence of the amendment made by regulation 143, in Schedule 5 to the Payment Services Regulations 2017 M5, in paragraph 1 omit sub-paragraph (13).
Commencement Information
I3Reg. 196 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)
Marginal Citations
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