Paragraph 3 The Consumer Credit (Early Settlement) Regulations 2004

(1)

The Consumer Credit (Early Settlement) Regulations 2004 M1 are amended as follows.

(2)

In regulation 1(2) (interpretation) M2, at the appropriate place, insert—

““green deal plan” has the meaning given in section 1 of the Energy Act 2011;”.

(3)

In regulation 4A(2) (calculation of the amount of rebate where indebtedness is discharged in part) M3, after “95A(2)”, insert “ or 95B(2) ”.

(4)

In regulation 6 (deferment of settlement date)—

(a)

regulation 6 is renumbered as paragraph (1) of that regulation;

(b)

after paragraph (1) as so renumbered, insert—

“(2)
Paragraph (1) does not apply where the agreement is a green deal plan and the creditor under that plan is claiming a payment under section 95B(2) of the Act.”.

Annotations

Marginal citations

M1: S.I. 2004/1483.
M2: Regulation 1(2) was amended by S.I. 2010/1010, regulation 78(a). Regulation 78(a) of S.I. 2010/1010 was amended by S.I. 2010/1969, regulation 26.
M3: Section 4A was inserted by S.I. 2010/1010, regulation 82.