{
  "url": "https://openlegislation.uk/consumer-credit-notice-of-variation-of-agreements-regulations-1977/note",
  "json_url": "https://openlegislation.uk/consumer-credit-notice-of-variation-of-agreements-regulations-1977/note.json",
  "legislation": "uksi/1977/328",
  "legislation_title": "The Consumer Credit (Notice of Variation of Agreements) Regulations 1977",
  "legislation_url": "https://openlegislation.uk/consumer-credit-notice-of-variation-of-agreements-regulations-1977",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "These Regulations prescribe the manner in which notice is to be given to the debtor or hirer of the variation of a consumer credit or consumer hire agreement by the creditor or owner under a power contained in the agreement before such variation can take effect. Notice of any variation in a regulated agreement must generally be given by serving a notice setting out the variation on the debtor or hirer seven days before the variation takes effect (Regulation 2). However, notice of a variation in the rate of interest payable under certain consumer credit agreements may be given by publishing a notice setting out the variation in at least three national daily newspapers (or, if this is not reasonably practicable, in the Gazette) and, if reasonably practicable, by displaying such a notice in the premises where the agreements to be varied are maintained (Regulation 3).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1977/328/note",
    "retrieved_at": "2026-10-29T20:07:54.978274+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}