Explanatory note

This Order amends the Consumer Credit (Exempt Agreements) Order 1989. It adds the name of one insurance company to the list in Part I of Schedule 1 to the Order as well as the names of five bodies corporate to the list in Part III of that Schedule.

Part I lists certain insurance companies, friendly societies and charities. Part III lists certain corporate bodies that have been named or specifically referred to in Orders made under certain sections of the Housing Act 1985.

Where the name of a body is included in either of these lists the Consumer Credit Act 1974 does not regulate certain of the agreements under which it advances money.