OpenLegislation

Explanatory note

Original text. Later amendments are not shown.

These Regulations amend paragraph 7 of Schedule 2 to the Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983.

The Regulations make it clear that the statement is only to be included in new hire-purchase or conditional sale agreements relating to goods, which are regulated under the Consumer Credit Act 1974, or existing agreements controlled by the Hire-Purchase Acts.