The Consumer Credit (Total Charge for Credit) (Amendment) Regulations 2012 (revoked)

Transitional provisionsU.K.

This section has no associated Explanatory Memorandum

6.—(1) Subject to paragraph (2), a person shall not be guilty of an offence under section 47(1) or 167 of the Act for contravention of these Regulations in respect of a credit advertisement that would have complied with the requirements of the 2010 Regulations had those Regulations not been amended by virtue of regulation 4 of these Regulations.

(2) Paragraph (1) only applies to—

(a)credit advertisements published in a catalogue, diary or work of reference comprising at least 50 printed pages—

(i)copies of which are first published, or made available for publication in the ordinary course of business before 1st February 2013, and

(ii)which, in a reasonably prominent position either contains the date of its first publication or specifies a period, being a calendar or seasonal period, throughout which it is intended to have effect;

(b)other credit advertisements—

(i)which are first published before 1st January 2013, and

(ii)which cease to be published before 1st February 2013.