Transitional provisions6

1

F1For a period of five months beginning on IP completion day the Consumer Credit (Disclosure of Information) Regulations 2010 M2 (“the 2010 Regulations”), as amended by regulation 3 of these Regulations, are subject to the modifications specified in this regulation.

2

Information is, for the purposes of regulation 8(1), to be treated as being disclosed by means of the form contained in Schedule 1 where the information is disclosed in the form specified in Schedule 1 to the 2010 Regulations with the modifications specified in paragraph (4).

3

The right conferred by regulation 9(2) is to be construed accordingly.

4

The modifications referred to in paragraph (2) are that—

a

the form has at the beginning as a heading “(Standard European Consumer Credit Information)”; and

b

in table 5, in section (a), in the first column, in the entry commencing “The creditor's representative” for “the United Kingdom” substitute “ your Member State of residence ”.

5

Information is, for the purposes of regulation 11(1)(a), to be treated as being disclosed by means of the form set out in Schedule 3 where disclosure is made by means of the form set out in Schedule 3 to the 2010 Regulations with the following modification.

6

This modification is that in table 5, in section (a), in the first column, in the entry commencing “The creditor's representative” for “the UK” substitute “ [the UK] [your Member State of residence] ”.