Agreements regulated under the 1974 Act etc.

5Consequential amendments relating to ss. 1 to 4

F1(1)

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(2)

In section 10 of that Act (running-account credit and fixed-sum credit)—

(a)

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

F2(b)

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F3(3)

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F3(4)

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(5)

In subsection (1) of section 158 of that Act (duty of credit reference agency to disclose filed information) for paragraph (a) substitute—

“(a)

a request in writing to that effect from a consumer,”.

(6)

After subsection (4) of that section insert—

“(4A)

In this section ‘consumer’ means—

(a)

a partnership consisting of two or three persons not all of whom are bodies corporate; or

(b)

an unincorporated body of persons which does not consist entirely of bodies corporate and is not a partnership.”

(7)

In section 181(1) and (2) of that Act (power to alter monetary limits etc.) for “8(2), 15(1)(c)” substitute “ 16B(1) ”.

(8)

In subsection (5) of section 185 of that Act (agreement with more than one debtor or hirer)—

(a)

in paragraph (b) for “a body corporate” substitute “ not an individual ”;

(b)

for “the body corporate or bodies corporate” substitute “ each person within paragraph (b) ”.

(9)

In subsection (6) of that section after “a body corporate” insert “ within paragraph (b) of that subsection ”.

F4(10)

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