Part III Licensing of Credit and Hire Businesses

Licensing principles

21 Businesses needing a licence.

(1)

Subject to this section, a licence is required to carry on a consumer credit business or F1a consumer hire business or an ancillary credit business .

(2)

A local authority does not need a licence to carry on a business.

(3)

A body corporate empowered by a public general Act naming it to carry on a business does not need a licence to do so.