The Consumer Credit (Conduct of Business) (Credit References) (Amendment) Regulations 2000

• Citation: S.I. 2000/291
• Sections: 2

Section 1

These Regulations may be cited as the Consumer Credit (Conduct of Business) (Credit References) (Amendment) Regulations 2000 and shall come into force on 1st March 2000.

Section 2

The Consumer Credit (Conduct of Business) (Credit References) Regulations 1977 are amended as follows—

(a) by substituting the following for regulation 5(1)—

(5)

(1) Within 10 working days after the happening of any of the following events, that is to say—

(a) the agency giving notice under section 159(2) of the Act that it has removed an entry from the file kept by it about an individual or has amended such an entry (including where it has amended an entry by removing information from it);

(b) the agency giving notice under section 159(4) of the Act that it has received a notice under section 159(3) requiring it to add a notice of correction to the file and intends to comply with the notice; or

(c) the expiry of the period specified in an order of the Director or the Data Protection Commissioner under section 159(5) of the Act as the period within which the order is to be complied with,

the agency shall give notice of the particulars specified in paragraph (2) below to each person to whom at any time since the relevant date it has furnished information relevant to the financial standing of the individual concerned.

(b) by adding the following after regulation 5(2)—

(3) In this regulation, “the relevant date” means the date six months immediately preceding the receipt by the agency from the individual of the request, particulars and fee referred to in section 158(1) of the Act, or the request and fee (if a fee is payable) referred to in section 7(2) of the Data Protection Act 1998 and the information referred to in section 7(3) of that Act.