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The term provision is used to describe a definable element in a piece of legislation that has legislative effect – such as a Part, Chapter or section. A version of a provision is prospective either:
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There are outstanding changes not yet made by the legislation.gov.uk editorial team to Consumer Credit Act 2006. Any changes that have already been made by the team appear in the content and are referenced with annotations.
(1)In section 8(3) of the 1974 Act (which defines regulated consumer credit agreements) after “16” insert “ , 16A or 16B ”.
(2)In section 10 of that Act (running-account credit and fixed-sum credit)—
(a)in subsection (1) for “personal” wherever occurring substitute “ consumer ”;
(b)in subsection (3)—
(i)for “section 8(2)” substitute “ paragraph (a) of section 16B(1) ”;
(ii)for “subsection” substitute “ paragraph ”.
(3)In section 17(2) of that Act (small agreements) for “8(2)” substitute “ 16B(1)(a) ”.
(4)In section 145(4) of that Act (types of hire businesses relevant to credit brokerage) after paragraph (a) insert—
“(aa)a business which comprises or relates to consumer hire agreements being, otherwise than by virtue of section 16(6), exempt agreements;”.
(5)In subsection (1) of section 158 of that Act (duty of credit reference agency to disclose filed information) for paragraph (a) substitute—
“(a)a request in writing to that effect from a consumer,”.
(6)After subsection (4) of that section insert—
“(4A)In this section ‘consumer’ means—
(a)a partnership consisting of two or three persons not all of whom are bodies corporate; or
(b)an unincorporated body of persons which does not consist entirely of bodies corporate and is not a partnership.”
(7)In section 181(1) and (2) of that Act (power to alter monetary limits etc.) for “8(2), 15(1)(c)” substitute “ 16B(1) ”.
(8)In subsection (5) of section 185 of that Act (agreement with more than one debtor or hirer)—
(a)in paragraph (b) for “a body corporate” substitute “ not an individual ”;
(b)for “the body corporate or bodies corporate” substitute “ each person within paragraph (b) ”.
(9)In subsection (6) of that section after “a body corporate” insert “ within paragraph (b) of that subsection ”.
(10)In section 189(1) of that Act (definitions) in the definition of “exempt agreement” after “16” insert “ , 16A or 16B ”.
Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
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