Consumer Credit Act 2006 (c. 14)

Agreements regulated under the 1974 Act etc. U.K.

2 Removal of financial limits etc. U.K.

(1) In section 8 of the 1974 Act (which defines consumer credit agreements)—

(a) in subsection (1) for “personal” substitute “ consumer ”;

(b) subsection (2) shall cease to have effect.

(2) In section 15(1) of that Act (which defines consumer hire agreements) paragraph (c) and the “and” immediately preceding it shall cease to have effect.

(3) In section 43(3) of that Act (financial and other limits relating to regulation of advertisements) paragraph (a) and the “or” immediately after it shall cease to have effect.

Commencement Information

I1 S. 2(1) in force at 6.4.2008 for specified purposes by S.I. 2008/831, art. 3(1), Sch. 2 (with art. 4, Sch. 1)

I2 S. 2(2)(3) in force at 6.4.2008 by S.I. 2008/831, art. 3(1), Sch. 2