Article 5 Statements to be provided in relation to fixed-sum credit agreements

(1)

Section 77A of the 1974 Act, as amended by this Order, applies to agreements whenever made.

(2)

Section 77A of the 1974 Act, as amended by this Order, shall have effect in relation to agreements made before the commencement of section 6 of the Consumer Credit Act 2006^f1 as if—

(a)

the period mentioned in subsection (1B) were a period beginning no later than the day of the commencement of section 6 and ending no later than the day before the first anniversary of that day; and

(b)

subsection (1C) did not apply.

Annotations

Footnotes

f1: 2006 c.14.