Explanatory note

This Order amends the lists of names in Parts III and IV of Schedule 1 to the Consumer Credit (Exempt Agreements) Order 1989.

It adds the names of five bodies corporate to the list, in Part III, of 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 this list the Consumer Credit Act 1974 does not regulate certain of the agreements under which it advances money.

It deletes the name of one creditor from, and adds the name of another creditor to, the list, in Part IV, of creditors whose agreements are exempt from the provisions of the Act by reason of their connection with a country outside the United Kingdom.