The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013

The Financial Services (Distance Marketing) Regulations 2004U.K.

This section has no associated Explanatory Memorandum

26.  In the Financial Services (Distance Marketing) Regulations 2004 M1

(a)in regulation 2(1) (interpretation), in the definition of “regulated consumer credit agreement” for “regulated by the 1974 Act” substitute “ which is a regulated agreement (within the meaning given by section 189 of the 1974 Act) ”;

(b)in regulation 11 (exceptions to the right to cancel), for paragraph (1)(h) substitute—

(h)a regulated consumer credit agreement to which the right of withdrawal applies under section 66A of the 1974 Act;.

Marginal Citations

M1S.I. 2004/2095. Amended by S.I. 2010/1010. There are other amending instruments but none is relevant to this Order.