# The Consumer Credit (Realisation of Pawn) Regulations 1983, Regulation 3: Exceptions to the requirement to give notice of the intention to sell


Where any article taken in pawn which has become realisable by the creditor is security for fixed-sum credit not exceeding £50 or running-account credit on which the credit limit does not exceed £50, the creditor shall not be required to give notice under section 121(1) of the Act to the debtor of the intention to sell the article.

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Source: https://www.legislation.gov.uk/uksi/1983/1568/regulation/3 (the official version)
Page: https://openlegislation.uk/consumer-credit-realisation-of-pawn-regulations-1983/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.