Part VI Matters Arising During Currency of Credit or Hire Agreements

F2Information sheets

86AF1F1FCA to prepare information sheets on arrears and default

(1)

The F3FCA shall prepare and issue an arrears information sheet and a default information sheet.

(2)

The arrears information sheet shall include information to help debtors and hirers who receive notices under section 86B or 86C.

(3)

The default information sheet shall include information to help debtors and hirers who receive default notices.

(4)

Regulations may make provision about the information to be included in an information sheet.

(5)

An information sheet takes effect for the purposes of this Part at the end of the period of three months beginning with the day on which F4it is issued F5or on such later date as the FCA may specify in relation to the information sheet .

F6(6)

If the FCA revises an information sheet after it has been issued, it shall issue the revised information sheet.

(7)

A revised information sheet takes effect for the purposes of this Part at the end of the period of three months beginning with the day on which F7it is issued F8or on such later date as the FCA may specify in relation to the information sheet .