{
  "url": "https://openlegislation.uk/draft-legislative-reform-consumer-credit-order-2008",
  "json_url": "https://openlegislation.uk/draft-legislative-reform-consumer-credit-order-2008.json",
  "id": "ukdsi/2008/9780110818542",
  "title": "Legislative Reform (Consumer Credit) Order 2008",
  "short_title": "Legislative Reform (Consumer Credit) 2008",
  "long_title": "This Order amends the Consumer Credit Act 1974 (“the 1974 Act”). Article 3 inserts a new section 16C into the 1974 Act. This creates a new exemption from regulation under the 1974 Act for certain consumer credit agreements. To qualify sums due under the agreement must be secured by a land mortgage and less than 40% of the land must be used or intended to be used as or in connection with a dwelling by the debtor or a person connected with the debtor. Where the debtors are trustees less than 40% of the land must be used by the beneficiary of the trust or a person connected with that beneficiary.",
  "citation": "Draft 2008, ISBN 9780110818542",
  "type": "ukdsi",
  "year": "2008",
  "number": "9780110818542",
  "version": "current",
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  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/draft-legislative-reform-consumer-credit-order-2008/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/1",
      "kind": "article",
      "number": "1",
      "heading": "Citation and commencement",
      "url": "https://openlegislation.uk/draft-legislative-reform-consumer-credit-order-2008/article-1",
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      "status": null,
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    },
    {
      "path": "article/2",
      "kind": "article",
      "number": "2",
      "heading": "Interpretation",
      "url": "https://openlegislation.uk/draft-legislative-reform-consumer-credit-order-2008/article-2",
      "extent": null,
      "status": null,
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    },
    {
      "path": "article/3",
      "kind": "article",
      "number": "3",
      "heading": "Exemption relating to investment properties",
      "url": "https://openlegislation.uk/draft-legislative-reform-consumer-credit-order-2008/article-3",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/4",
      "kind": "article",
      "number": "4",
      "heading": "Statements to be provided in relation to fixed-sum credit agreements",
      "url": "https://openlegislation.uk/draft-legislative-reform-consumer-credit-order-2008/article-4",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/5",
      "kind": "article",
      "number": "5",
      "heading": "Statements to be provided in relation to fixed-sum credit agreements",
      "url": "https://openlegislation.uk/draft-legislative-reform-consumer-credit-order-2008/article-5",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/6",
      "kind": "article",
      "number": "6",
      "heading": "Statements to be provided in relation to fixed-sum credit agreements",
      "url": "https://openlegislation.uk/draft-legislative-reform-consumer-credit-order-2008/article-6",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/7",
      "kind": "article",
      "number": "7",
      "heading": "Statements to be provided in relation to fixed-sum credit agreements",
      "url": "https://openlegislation.uk/draft-legislative-reform-consumer-credit-order-2008/article-7",
      "extent": null,
      "status": null,
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    },
    {
      "path": "article/8",
      "kind": "article",
      "number": "8",
      "heading": "Interpretation of s.86B of the 1974 Act",
      "url": "https://openlegislation.uk/draft-legislative-reform-consumer-credit-order-2008/article-8",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/9",
      "kind": "article",
      "number": "9",
      "heading": "Interpretation of s.86C of the 1974 Act",
      "url": "https://openlegislation.uk/draft-legislative-reform-consumer-credit-order-2008/article-9",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/draft-legislative-reform-consumer-credit-order-2008/signature",
      "extent": null,
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    },
    {
      "path": "note",
      "kind": "note",
      "number": null,
      "heading": "Explanatory note",
      "url": "https://openlegislation.uk/draft-legislative-reform-consumer-credit-order-2008/note",
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  "made_under": [
    {
      "id": "ukpga/2006/51",
      "title": "Legislative and Regulatory Reform Act 2006",
      "url": "https://openlegislation.uk/legislative-and-regulatory-reform-act-2006",
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    "source_url": "https://www.legislation.gov.uk/ukdsi/2008/9780110818542",
    "retrieved_at": "2026-10-30T15:16:06.321035+00:00"
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  "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."
}