Amendment of the Consumer Credit Act 1974

9.  After section 74(2) there shall be added the following subsection:–

“(2A) In the case of an agreement to which the Consumer Protection (Cancellation of Contracts Concluded away from Business Premises) Regulations 1987 apply the reference in subsection (2) to a small agreement shall be construed as if in section 17(1) (a) and (b) “£35” were substituted for “£50”.”.