The Consumer Credit (Information Requirements and Duration of Licences and Charges) Regulations 2007

Content of statements provided in relation to fixed-sum credit agreements

4.  Subject to regulations 5 to 9, the statement shall contain—

(a) the information set out in Part 1 of Schedule 1;

(b) each of the forms of wording set out in Part 2 of Schedule 1;

(c) subject to paragraph (d),

(i) where the statement relates to a hire-purchase or conditional sale agreement, the first form of wording in paragraph 5 of Schedule 1; and

(ii) where the statement relates to a hire-purchase or conditional sale agreement and the debtor purchased a contract of insurance as referred to in regulation 2(8) of the Consumer Credit (Agreement) Regulations 1983(1) (information requirements in relation to credit and insurance finance agreements), each form of wording set out in paragraph 5 of Schedule 1;

(d) where the statement referred to in paragraph (c) is required to be given after the final payment under the agreement has fallen due, the statement need not include either of the forms of wording set out in paragraph 5 of Schedule 1.

(1)

S.I. 1983/1553, as amended by S.I. 2004/1482. Other amendments are not relevant to these Regulations.