Prospective

PART 2 U.K.Amendments to primary legislation

Charge cards U.K.

24.  In section 75 (liability of creditor for breaches by supplier)(1), in subsection (3)—

(a) at the end of paragraph (a) omit “or”,

(b) at the end of paragraph (b) insert “, or”, and

(c) after paragraph (b) insert—

“(c) under a debtor-creditor-supplier agreement for running-account credit—

(i) which provides for the making of payments by the debtor in relation to specified periods which, in the case of an agreement which is not secured on land, do not exceed three months, and

(ii) which requires that the number of payments to be made by the debtor in repayments of the whole amount of the credit provided in each such period shall not exceed one.”.

Commencement Information

I1 Reg. 24 in force at 1.2.2011, see reg. 99(1)

(1)

Section 75(3) was amended by the Schedule to S.I. 1983/1878.