OpenLegislation

The Consumer Credit (Advertisements) Regulations 2010 (revoked) in Scotland

S.I. 2010/1970 · Made 3 August 2010 · Extends to United Kingdom

Up to date with all changes known to legislation.gov.uk, revised to 1 April 2014.

This Statutory Instrument supersedes SI 2010/1012 and is being issued free of charge to all known recipients of that Statutory Instrument.

Consumer Credit

Made 3rd August 2010

Laid before Parliament 5th August 2010

Coming into force 1st February 2011

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Annotations to the whole text

Textual amendments

F1

Regulations revoked (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 21(hh)

Contents

  1. 1Citation, commencement, revocation and interpretation Repealed
  2. 2Duty to comply Repealed
  3. 3General requirements Repealed
  4. 4Content of advertisements Repealed
  5. 5Representative Example Repealed
  6. 6Other advertisements requiring representative APR Repealed
  7. 7APR Repealed
  8. 8Ancillary services Repealed
  9. 9Security Repealed
  10. 10Restrictions on certain expressions in credit advertisements Repealed
  11. 11Exclusions Repealed
  12. 12Transitional provisions Repealed
  13. Signature
  14. Schedule: PROVISIONS RELATING TO CALCULATION AND DISCLOSURE OF TOTAL CHARGE FOR CREDIT AND APR
  15. 1Assumptions about running-account credit Repealed
  16. 2Permissible tolerances in disclosure of an APR Repealed
  17. 3Tolerance where repayments are nearly equal Repealed
  18. 4Tolerance where interval between relevant date and first repayment is greater than interval between repayments Repealed
  19. Explanatory note

1Citation, commencement, revocation and interpretationF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2Duty to complyF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3General requirementsF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4Content of advertisementsF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5Representative ExampleF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6Other advertisements requiring representative APRF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7APRF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

8Ancillary servicesF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

9SecurityF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10Restrictions on certain expressions in credit advertisementsF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

11ExclusionsF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

12Transitional provisionsF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Signature

F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1Assumptions about running-account creditF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2Permissible tolerances in disclosure of an APRF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3Tolerance where repayments are nearly equalF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4Tolerance where interval between relevant date and first repayment is greater than interval between repaymentsF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Explanatory note

F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .