Regulation 3 Settlement dateI1

United Kingdom

F1(1)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(2)

F2... The settlement date shall be taken to be the date of the expiration of a period of 28 days after the day on which the creditor has received a request F3... for a statement from the debtor, unless a later date is requested by the debtor.

F4(3)

A request under paragraph (2) need not be in writing unless the agreement is secured on land.

Annotations

Textual amendments

F1: Reg. 3(1) omitted (31.5.2005) by virtue of The Consumer Credit (Early Settlement) Regulations 2004 (S.I. 2004/1483), regs. 1(1), 9(2)(a) (with reg. 10)
F2: Words in reg. 3(2) omitted (31.5.2005) by virtue of The Consumer Credit (Early Settlement) Regulations 2004 (S.I. 2004/1483), regs. 1(1), 9(2)(b) (with reg. 10)
F3: Words in reg. 3(2) omitted (1.2.2011) by virtue of The Consumer Credit ( EU Directive) Regulations 2010 (S.I. 2010/1010), regs. 61(a), 99(1) (with regs. 100, 101)
F4: Reg. 3(3) inserted (1.2.2011) by The Consumer Credit ( EU Directive) Regulations 2010 (S.I. 2010/1010), regs. 61(b), 99(1) (with regs. 100, 101)

Commencement

I1: Reg. 3 in force at 19.5.1985, see reg. 1(1)