The Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983 No. 1561

SCHEDULE 1 FORM OF NOTICE TO BE GIVEN IN NON-DEFAULT CASES BEFORE A CREDITOR OR OWNER CAN BECOME ENTITLED TO ENFORCE A TERM OF A REGULATED AGREEMENT BY DEMANDING EARLIER PAYMENT OF ANY SUM, RECOVERING POSSESSION OF ANY GOODS OR LAND OR TREATING ANY RIGHT CONFERRED ON THE DEBTOR OR HIRER BY THE AGREEMENT AS TERMINATED, RESTRICTED OR DEFERRED

Action intended to be taken by creditor or owner

4.  A clear and unambiguous statement by the creditor or owner indicating—

(a) which (one or more) of the following types of action he intends to take, in order to enforce the term of the agreement,—

(i) to demand earlier payment of any sum;

(ii) to recover possession of any goods or land;

(iii) to treat any right conferred on the debtor or hirer by the agreement as terminated, restricted or deferred;

(b) the manner and circumstances in which he intends to take such action; and

(c) the date, being a date not less than seven days after the giving of the notice, on or after which he intends to take such action.