Consumer Credit Act 2006

58 Consequential amendments relating to appeals

(1) In section 2(7) of the 1974 Act (restriction on power to give directions to OFT) for “Secretary of State” substitute “the Tribunal”.

(2) In section 182 of that Act (regulations and orders) after subsection (1) insert—

“(1A) The power of the Lord Chancellor to make rules under section 40A(3) shall be exercisable by statutory instrument subject to annulment in pursuance of a resolution of either House of Parliament.”

(3) In subsection (2) of that section—

(a) after “orders” wherever occurring insert “or rules”;

(b) after “by the Secretary of State” insert “or by the Lord Chancellor”;

(c) in paragraph (c) for “Secretary of State” substitute “person making them”.

(4) In section 189(1) of that Act (definitions)—

(a) in the definition of “appeal period” for “Secretary of State” substitute “Tribunal”;

(b) after the definition of “total price” insert—

“‘the Tribunal’ means the Consumer Credit Appeals Tribunal;”.

(5) In Schedule 1 to the Tribunals and Inquiries Act 1992 (c. 53) (tribunals under supervision of Council on Tribunals) after paragraph 9A insert—

“Consumer credit

9B. The Consumer Credit Appeals Tribunal established by section 40A of the Consumer Credit Act 1974.”