1. This Order may be cited as the Consumer Credit Act 2006 (Commencement No.2 and Transitional Provisions) Order 2007.
2. In this Order “the 2006 Act” means the Consumer Credit Act 2006.
3.—(1) The provisions of the 2006 Act specified in Schedule 1 shall come into force on 31st January 2007.
(2) The provisions of the 2006 Act specified in Schedule 2 shall come into force on 6th April 2007.
4. Subject to article 5, section 1 of the 2006 Act shall have no effect for the purposes of the 1974 Act, in relation to agreements made before 6th April 2007.
5. Section 1 of the 2006 Act shall have effect for the purposes of the definitions of “debtor” and “hirer” in section 189(1) of the 1974 Act wherever those expressions are used in—
(a)sections 77A, 78(4A), 86A, 86B, 86C, 86D, 86E, 86F, 129(1)(ba) 129A, 130A and 187A of the 1974 Act;
(b)section 143(b) of the 1974 Act in respect of an application under section 129(1)(ba) of that Act; and
(c)section 185(2) to (2C) of the 1974 Act insofar as it relates to a dispensing notice from a debtor authorising a creditor not to comply in the debtor’s case with section 77A of that Act,
in relation to agreements made before 6 April 2007.
Ian McCartney
Minister for Trade, Investment and Foreign Affairs
Department of Trade and Industry
23rd January 2007