Consumer Credit Act 2006
2006 CHAPTER 14
Businesses Requiring a Licence and Consequences of Not Being Licensed
Section 23: Definitions of consumer credit business and consumer hire business
53.Section 23 redefines “consumer credit business” and “consumer hire business” to clarify that these include respectively being a creditor or an owner under regulated agreements. “Creditor” and “owner” are defined in section 189(1) of the 1974 Act.
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