Regulation 4 Copies of unexecuted agreements given under section 58(1) of the ActI1

United Kingdom

Where the agreement is one to which section 58(1) of the Act applies, every copy of the unexecuted agreement given to a debtor or hirer under section 58(1) of the Act shall include—

F1(a)

a heading which shall be in the Form numbered 1 in Column 1 of Part 1 of the Schedule to these Regulations and set out in Column 3 shown prominently on the copy, instead of—

(i)

any heading referred to in regulations 2(1) and 3(1) of, and paragraph 1 of Schedules 1 and 3 to, the Agreements Regulations 1983, or

(ii)

any heading referred to in regulation 3(1) of, and paragraph 1 of Schedule 1 to, the Agreements Regulations 2010, and

(b)

a box containing only a notice indicating the right of the debtor or hirer to withdraw from the prospective agreement, and how and when that right is exercisable, in the Form numbered 2 in Column 1 of Part 1 of the Schedule to these Regulations and set out in Column 3, instead of—

(i)

any statement of the rights of the debtor or hirer referred to in regulations 2(3) and 3(3) of, and Form 1 of Schedules 2 and 4 to, the Agreements Regulations 1983, or

(ii)

any statement of the rights of the debtor referred to in regulation 3(4) of, and Form 1 of Schedule 2 to, the Agreements Regulations 2010.

Annotations

Textual amendments

F1: Reg. 4(a)(b) substituted (26.8.2010) by The Consumer Credit (Amendment) Regulations 2010 (S.I. 2010/1969), regs. 1, 3(3)

Commencement

I1: Reg. 4 in force at 19.5.1985, see reg. 1(1)