361.The only provisions of the Act that are to come into force on the day on which the Act receives Royal Assent (18 December 2013) are the provisions of Part 8 (which deal with orders and regulations, interpretation, extent, commencement and the short title to the Act).
362.The following provisions come into force 2 months after Royal Assent (that is, on 18 February 2014): section 131 (which relates to high-cost short-term credit) and section 138 and Schedule 9 (which relate to building societies), apart from paragraph 4 of Schedule 9.
363.The other provisions of this Act are to come into force on a day or days to be appointed by order. In general, commencement orders under the Act are made by the Treasury. But commencement orders relating to sections 139 and 140(1) to (3) are made by the Secretary of State and those relating to section 140(4) to (6) are made the Lord Chancellor.