4 Consequential amendment and repeals.

1

In section 113 of the M1Consumer Credit Act 1974 (that Act not to be evaded by use of security) in subsection (7)—

a

after the word “indemnity”, in both places where it occurs, there shall be inserted “ or guarantee ”;

b

after the words “minor, or” there shall be inserted “ an indemnity is given in a case where he ”; and

c

for the words “they” there shall be substituted “ those obligations ”.

2

The M2Infants Relief Act 1874 and the M3Betting and Loans (Infants) Act 1892 are hereby repealed (in accordance with section 1 of this Act).