Article 2 Appointment of days

(1)

For the purposes of paragraphs 1 and 19 of Schedule 3 to the Act, the appointed day shall be 1st April 1977.

(2)

For the purposes of paragraphs 12, 42 and 48 of that Schedule the appointed day shall be 16th May 1977.

(3)

For the purposes of paragraph 5 of that Schedule, the appointed day shall be 1st October 1977—

(a)

in the case of any consumer credit business, not being a consumer credit business which is carried on by an individual and in the course of which only the following regulated consumer credit agreements (excluding agreements made before that date) are made, namely—

(i)

agreements for fixed-sum credit not exceeding £30, and

(ii)

agreements for running-account credit where the credit limit does not exceed that amount, and

(b)

in the case of any consumer hire business.