The Consumer Credit (Disclosure of Information) Regulations 2004

Citation, commencement and interpretation

1.—(1) These Regulations may be cited as the Consumer Credit (Disclosure of Information) Regulations 2004 and shall come into force on 31st May 2005.

(2) In these Regulations—

“the Agreements Regulations” mean the Consumer Credit (Agreements) Regulations 1983(1);

“distance contract” means any regulated agreement made under an organised distance sales or service-provision scheme run by the creditor or owner or by an intermediary of the creditor or owner who, in any such case, for the purpose of that agreement makes exclusive use of one or more means of distance communication up to and including the time at which the agreement is made and for this purpose any means of communication is a means of distance communication if, without the simultaneous physical presence of the creditor or owner or any intermediary of the creditor or owner and of the debtor or hirer, it may be used for the distance marketing of a regulated agreement between the parties to that agreement;

“durable medium” means any instrument which enables the debtor or hirer to store information addressed personally to him in a way accessible for future reference for a period of time adequate for the purposes of the information and which allows the unchanged reproduction of the information stored.

(1)

SI 1983/1553, amended by SI 1984/1600, 1985/666, 1988/2047, 1999/3177, 2001/3649 and 2004/1482.