# Consumer Credit Act 1974, Section 129A: Debtor or hirer to give notice of intent etc. to creditor or owner


(1) A debtor or hirer may make an application under section 129(1)(ba) in relation to a regulated agreement only if—
(a) following his being given the notice under section 86B or 86C, he gave a notice within subsection (2) to the creditor or owner; and
(b) a period of at least 14 days has elapsed after the day on which he gave that notice to the creditor or owner.
(2) A notice is within this subsection if it—
(a) indicates that the debtor or hirer intends to make the application;
(b) indicates that he wants to make a proposal to the creditor or owner in relation to his making of payments under the agreement; and
(c) gives details of that proposal.

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Source: https://www.legislation.gov.uk/ukpga/1974/39/section/129A (the official version)
Page: https://openlegislation.uk/consumer-credit-act-1974/section-129A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.