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The Consumer Credit (Further Increase of Monetary Amounts) Order 1998

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Article 3


Section of the ActShort DescriptionPresent Amount(1)New Amount
70(6)Upper limit for credit-broker’s fee or commission on cancelled regulated agreement£3£5
77(1), 78(1)Fee for information to debtor under regulated fixed-sum credit or running-account credit agreement50p£1
79(1)Fee for information to hirer under regulated consumer hire agreement50p£1
84(1)Upper limit of debtor’s liability for loss to creditor following misuse of credit-token£50£50
101(7)(a)Upper limit of annual hire payments for right of termination of regulated consumer hire agreement£900£1,500
107(1), 108(1), 109(1)Fee for information to surety under regulated fixed-sum credit, running-account credit or consumer hire agreement50p£1
110(1)Fee for copy of security instrument50p£1
118(1)(b)Upper limit for use of unsworn statement in place of lost pawn -receipt£25£75
120(1)(a)Upper limit of pawned property which passes to pawnee on failure to redeem within redemption period of 6 months£25£75
155(1)Upper limit for credit-broker’s fee or commission for services not leading to an agreement£3£5
158(1)Fee to credit reference agency for copy of file on individual£1£2

These amounts were substituted by S.I. 1983/1571 for the amounts originally provided for by the relevant sections of the Consumer Credit Act 1974 set out in Column 1.

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