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Regulation 20 Effect of non-performance on related credit agreementI1

United Kingdom

Where a supplier is unable to perform the contract within the period for performance—

(a)

regulations 15 and 16 shall apply to any related credit agreement as if the consumer had given a valid notice of cancellation under regulation 10 on the expiry of the period for performance; and

(b)

the reference in regulation 15(3)(a) to regulation 14(1) shall be read, for the purposes of this regulation, as a reference to regulation 19(2).

Annotations

Commencement

I1

Reg. 20 in force at 31.10.2000, see reg. 1(1)