The Consumer Credit (Cancellation Notices and Copies of Documents) (Amendment) Regulations 1984

• Citation: S.I. 1984/1108
• Sections: 2

Section 1

These Regulations may be cited as the Consumer Credit (Cancellation Notices and Copies of Documents) (Amendment) Regulations 1984 and shall come into operation on 19th May 1985.

Section 2

The Consumer Credit (Cancellation Notices and Copies of Documents) Regulations 1983 are hereby amended as follows:—

(a) for Regulation 3(2)(d) there shall be substituted the following Regulation:—

(d) in the case of any copy of an executed agreement given to the debtor under section 77(1) of the Act for fixed-sum credit, or under section 78(1) for running-account credit, under which a person takes any article in pawn, any description of the article taken in pawn.

; and

(b) after Regulation 5(3) there shall be inserted the following:—

(4) In the case of—

(a) an unexecuted agreement a copy of which is required to be delivered or sent to a debtor or hirer under section 62 of the Act;

(b) an executed agreement a copy of which is required to be delivered to a debtor or hirer under section 63(1); or

(c) an executed agreement a copy of which is required to be given to a debtor or hirer under section 63(2) or (4), and

which is not a cancellable agreement within the meaning of the Act and these Regulations but which may be cancelled by the debtor or hirer in accordance with terms of the agreement conferring upon him similar rights as if the agreement were such a cancellable agreement, the agreement may be treated for the purposes of this Regulation as if it were a cancellable agreement within the meaning of the Act and of these Regulations, and Regulation 2 shall then apply as if the agreement were such a cancellable agreement.