Source: http://www.legislation.gov.uk/ukpga/2006/14/body
Timestamp: 2013-12-13 22:01:24
Document Index: 613256671

Matched Legal Cases: ['art. 6', 'art. 3', 'art. 3', 'art. 3', 'art. 3', 'art. 2', 'art. 2']

Skip to main contentSkip to navigationlegislation.gov.ukThe National ArchivesHelpSite MapAccessibilityContact UsCymraegHomeAbout UsBrowse LegislationNew LegislationChanges To LegislationSearch LegislationSearch LegislationTitle: (or keywords in the title)Year:Number:Type:All Legislation (excluding draft)All Primary Legislation UK Public General Acts UK Local Acts Acts of the Scottish Parliament Acts of the National Assembly for Wales Measures of the National Assembly for Wales Church Measures Acts of the Northern Ireland Assembly Acts of the Old Scottish Parliament Acts of the English Parliament Acts of the Old Irish Parliament Acts of the Parliament of Great Britain Northern Ireland Orders in Council Measures of the Northern Ireland Assembly Acts of the Northern Ireland ParliamentAll Secondary Legislation UK Statutory Instruments Wales Statutory Instruments Scottish Statutory Instruments Northern Ireland Statutory Rules Church Instruments UK Ministerial Orders UK Statutory Rules and OrdersAll Draft Legislation UK Draft Statutory Instruments Scottish Draft Statutory Instruments Northern Ireland Draft Statutory RulesAll Impact Assessments UK Impact AssessmentsSearchAdvanced SearchConsumer Credit Act 2006You are here:2006 c. 14Whole Act without SchedulesTable of ContentsContentExplanatory NotesMore ResourcesPrevious: IntroductionNext: SchedulePlain ViewPrint OptionsWhat VersionLatest available (Revised)Original (As enacted)Advanced FeaturesShow Geographical Extent(e.g. England, Wales, Scotland, Northern Ireland)Show Timeline of ChangesOpening OptionsOpen whole ActOpen Act without schedulesOpen Schedules onlyMore ResourcesOriginal Print PDFView moreStatus:This version of this Act contains provisions that are prospective.StatusThe term provision is used to describe a definable element in a piece of legislation that has legislative effect – such as a Part, Chapter or section. A version of a provision is prospective either:where the provision (Part, Chapter or section) has never come into force or;where the text of the provision is subject to change, but no date has yet been appointed by the appropriate person or body for those changes to come into force.Commencement Orders listed in the ‘Changes to Legislation’ box as not yet applied may bring this prospective version into force.Changes to legislation:There are outstanding changes not yet made by the legislation.gov.uk editorial team to Consumer Credit Act 2006. Any changes that have already been made by the team appear in the content and are referenced with annotations.Changes to LegislationRevised legislation carried on this site may not be fully up to date. Changes and effects are recorded by our editorial team in lists which can be found in the ‘Changes to Legislation’ area. Where those effects have yet to be applied to the text of the legislation by the editorial team they are also listed alongside the legislation in the affected provisions. Use the ‘more’ link to open the changes and effects relevant to the provision you are viewing.Changes and effects yet to be applied to :Changes and effectsThis section lists the changes and effects yet to be applied to the specific provision you are viewing.s. 55 repealed by S.I. 2009/1835 Sch. 3s. 56(2) repealed by S.I. 2009/1835 Sch. 3s. 57 repealed by S.I. 2009/1835 Sch. 3s. 58 repealed by S.I. 2009/1835 Sch. 3Sch. 1 repealed by S.I. 2009/1835 Sch. 3Sch. 3 para. 2 repealed by S.I. 2008/2826 art. 6Commencement Orders yet to be applied to the Consumer Credit Act 2006Commencement OrdersThis section lists the commencement orders yet to be applied to the whole Act. These effects are included in this view as they may be (but won’t necessarily be) relevant to the specific provision that you are viewing. Where applicable the commencement orders are listed under two headings, firstly those that bring some part of the Act you are viewing into force and secondly, those that bring into force legislation that affects some part of the legislation you are viewing. If you are viewing a prospective version or there is a prospective version available there may be commencement orders listed here that are relevant to the provision you are viewing.Commencement Orders bringing provisions within this Act into force:S.I. 2006/1508 art. 3 Sch. 1 2 commences (2006 c. 14)S.I. 2007/123 art. 3 commences (2006 c. 14)S.I. 2007/3300 art. 3 commences (2006 c. 14)S.I. 2008/831 art. 3 commences (2006 c. 14)S.I. 2008/2444 art. 2 amendment to earlier commencing SI 2008/831Commencement Orders bringing legislation that affects this Act into force:S.I. 2007/387 art. 2 amendment to earlier commencing SI 2007/123ProspectiveAgreements regulated under the 1974 Act etc.E+W+S+N.I.1Definition of ‘individual’E+W+S+N.I.In section 189(1) of the 1974 Act (definitions) for the definition of “individual” substitute—
2Removal of financial limits etc.E+W+S+N.I.(1)In section 8 of the 1974 Act (which defines consumer credit agreements)—
(a)in subsection (1) for “personal” substitute “ consumer ”;
3Exemption relating to high net worth debtors and hirersE+W+S+N.I.After section 16 of the 1974 Act insert—
4Exemption relating to businessesE+W+S+N.I.Before section 17 of the 1974 Act insert—
5Consequential amendments relating to ss. 1 to 4E+W+S+N.I.(1)In section 8(3) of the 1974 Act (which defines regulated consumer credit agreements) after “16” insert “ , 16A or 16B ”.
(a)in subsection (1) for “personal” wherever occurring substitute “ consumer ”;
(i)for “section 8(2)” substitute “ paragraph (a) of section 16B(1) ”;
(ii)for “subsection” substitute “ paragraph ”.
(3)In section 17(2) of that Act (small agreements) for “8(2)” substitute “ 16B(1)(a) ”.
(7)In section 181(1) and (2) of that Act (power to alter monetary limits etc.) for “8(2), 15(1)(c)” substitute “ 16B(1) ”.
(a)in paragraph (b) for “a body corporate” substitute “ not an individual ”;
(b)for “the body corporate or bodies corporate” substitute “ each person within paragraph (b) ”.
(9)In subsection (6) of that section after “a body corporate” insert “ within paragraph (b) of that subsection ”.
(10)In section 189(1) of that Act (definitions) in the definition of “exempt agreement” after “16” insert “ , 16A or 16B ”.
ProspectiveStatements to be provided in relation to regulated credit agreementsE+W+S+N.I.6Statements to be provided in relation to fixed-sum credit agreementsE+W+S+N.I.After section 77 of the 1974 Act insert—