# Consumer Credit Act 1974, Section 175: Duty of persons deemed to be agents.


Where under this Act a person is deemed to receive a notice or payment as agent of the creditor or owner under a regulated agreement, he shall be deemed to be under a contractual duty to the creditor or owner to transmit the notice, or remit the payment, to him forthwith.

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Source: https://www.legislation.gov.uk/ukpga/1974/39/section/175 (the official version)
Page: https://openlegislation.uk/consumer-credit-act-1974/section-175
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.