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Article 6 Declaration for exemption relating to businesses

Original text. Later amendments are not shown.

A declaration for the purposes of section 16B(2) of the Consumer Credit Act 1974 shall—

(a)

comply with Schedule 3;

(b)

be set out in the consumer credit agreement or consumer hire agreement no less prominently than other information in the agreement and be readily distinguishable from the background medium; and

(c)

be signed by the debtor or hirer or where the debtor or hirer is a partnership or unincorporated body of persons be signed by or on behalf of the debtor or hirer, unless the agreement is so signed.