Article 5 Consumer Credit (Guarantees and Indemnities) Regulations 1983I1

The Consumer Credit (Guarantees and Indemnities) regulations 1983^f1 shall be amended as follows:

In regulation 3(1)(a) delete the words “the first page of”.

In regulation 4(1) for “colour of the paper” substitute “background medium upon which the information is displayed”.

After subsection 4 insert—

“(5)

Where a security instrument is intended to be concluded by the use of an electronic communication nothing in this Regulation shall prohibit the inclusion in the signature box of information about the process or means of providing, communicating or verifying the signature to be made by or on behalf of the surety.”.

In Part II of the Schedule (information to be contained in security instruments), for “and a postal address”, in each place where it occurs, substitute “, postal address and, where appropriate, any other address”.