{
  "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015",
  "json_url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015.json",
  "id": "ukdsi/2015/9780111130810",
  "title": "The Mortgage Credit Directive Order 2015",
  "short_title": "Mortgage Credit Directive 2015",
  "long_title": "This Order transposes in part Directive 2014/17/EU of the European Parliament and of the Council of 4th February 2014 on credit agreements for consumers relating to residential immovable property and amending Directives 2008/48/EC and 2013/36/EU and Regulation (EU) No 1093/2010 (“the mortgages directive”) (OJ L 60, 28.2.2014, p.34). The Financial Conduct Authority (“FCA”) is responsible for transposing other parts of the mortgages directive. A transposition note setting out how the mortgages directive will be transposed into UK law will be available from Her Majesty’s Treasury, 1 Horse Guards Road, London SW1A 2HQ or on HM Treasury’s website (www.gov.uk/government/organisations/hm-treasury).",
  "citation": "Draft 2015, ISBN 9780111130810",
  "type": "ukdsi",
  "year": "2015",
  "number": "9780111130810",
  "version": "current",
  "date": null,
  "revised": false,
  "valid_from": null,
  "extent": null,
  "unapplied_effects": 0,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "part/1",
      "kind": "part",
      "number": "1",
      "heading": "Introductory Provisions",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/1",
      "kind": "article",
      "number": "1",
      "heading": "Citation and commencement",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-1",
      "extent": null,
      "status": null,
      "parent": "part/1"
    },
    {
      "path": "article/2",
      "kind": "article",
      "number": "2",
      "heading": "Interpretation",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-2",
      "extent": null,
      "status": null,
      "parent": "part/1"
    },
    {
      "path": "part/2",
      "kind": "part",
      "number": "2",
      "heading": "Amendments to legislation",
      "url": null,
      "extent": null,
      "status": null,
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    },
    {
      "path": "article/3",
      "kind": "article",
      "number": "3",
      "heading": "Amendments to legislation",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-3",
      "extent": null,
      "status": null,
      "parent": "part/2"
    },
    {
      "path": "part/3",
      "kind": "part",
      "number": "3",
      "heading": "Consumer buy-to-let mortgages",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/4",
      "kind": "article",
      "number": "4",
      "heading": "Interpretation of this Part",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-4",
      "extent": null,
      "status": null,
      "parent": "part/3"
    },
    {
      "path": "article/5",
      "kind": "article",
      "number": "5",
      "heading": "Meaning of credit intermediary",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-5",
      "extent": null,
      "status": null,
      "parent": "part/3"
    },
    {
      "path": "article/6",
      "kind": "article",
      "number": "6",
      "heading": "Meaning of advisory services",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-6",
      "extent": null,
      "status": null,
      "parent": "part/3"
    },
    {
      "path": "article/7",
      "kind": "article",
      "number": "7",
      "heading": "Limitation on permission to carry on regulated activities",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-7",
      "extent": null,
      "status": null,
      "parent": "part/3"
    },
    {
      "path": "article/8",
      "kind": "article",
      "number": "8",
      "heading": "Register of consumer buy-to-let mortgage firms",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-8",
      "extent": null,
      "status": null,
      "parent": "part/3"
    },
    {
      "path": "article/9",
      "kind": "article",
      "number": "9",
      "heading": "Applications for entry on the register or variation of an existing entry on the register",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-9",
      "extent": null,
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    },
    {
      "path": "article/10",
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      "heading": "Determination of applications",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-10",
      "extent": null,
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    },
    {
      "path": "article/11",
      "kind": "article",
      "number": "11",
      "heading": "Procedure when refusing an application",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-11",
      "extent": null,
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    },
    {
      "path": "article/12",
      "kind": "article",
      "number": "12",
      "heading": "Registered consumer buy-to-let mortgage firm ceasing to meet the requirements for registration",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-12",
      "extent": null,
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    },
    {
      "path": "article/13",
      "kind": "article",
      "number": "13",
      "heading": "Revocation of registration",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-13",
      "extent": null,
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    {
      "path": "article/14",
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      "number": "14",
      "heading": "Procedure on revocation",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-14",
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    },
    {
      "path": "article/15",
      "kind": "article",
      "number": "15",
      "heading": "Suspension of registration",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-15",
      "extent": null,
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    },
    {
      "path": "article/16",
      "kind": "article",
      "number": "16",
      "heading": "Procedure on suspension",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-16",
      "extent": null,
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    {
      "path": "article/17",
      "kind": "article",
      "number": "17",
      "heading": "Appointed representatives",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-17",
      "extent": null,
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    {
      "path": "article/18",
      "kind": "article",
      "number": "18",
      "heading": "Obligations of registered consumer buy-to-let mortgage firms",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-18",
      "extent": null,
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    {
      "path": "article/19",
      "kind": "article",
      "number": "19",
      "heading": "Power to direct registered consumer buy-to-let mortgage firms to take appropriate action",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-19",
      "extent": null,
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    },
    {
      "path": "article/20",
      "kind": "article",
      "number": "20",
      "heading": "Functions of the FCA in relation to this Part",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-20",
      "extent": null,
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    {
      "path": "article/21",
      "kind": "article",
      "number": "21",
      "heading": "Monitoring and enforcement",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-21",
      "extent": null,
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    },
    {
      "path": "article/22",
      "kind": "article",
      "number": "22",
      "heading": "Guidance",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-22",
      "extent": null,
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    },
    {
      "path": "article/23",
      "kind": "article",
      "number": "23",
      "heading": "Application of provisions of the Act to registered consumer-buy-to-let mortgage firms",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-23",
      "extent": null,
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    {
      "path": "article/24",
      "kind": "article",
      "number": "24",
      "heading": "Application of procedural provisions of the Act",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-24",
      "extent": null,
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    },
    {
      "path": "article/25",
      "kind": "article",
      "number": "25",
      "heading": "Application of provisions of the Act to the FCA in respect of its supervision of consumer buy-to-let mortgage firms",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-25",
      "extent": null,
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    },
    {
      "path": "article/26",
      "kind": "article",
      "number": "26",
      "heading": "Extension of the compulsory jurisdiction of the Financial Ombudsman Scheme to registered consumer buy-to-let mortgage firms",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-26",
      "extent": null,
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    },
    {
      "path": "part/4",
      "kind": "part",
      "number": "4",
      "heading": "Transitional Provisions",
      "url": null,
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    },
    {
      "path": "article/27",
      "kind": "article",
      "number": "27",
      "heading": "Transitional provision: person with Part 4A permission to carry on an activity in relation to a regulated mortgage contract before 21st March 2016",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-27",
      "extent": null,
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    {
      "path": "article/28",
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      "heading": "Transitional provision: agreements before 21st March 2016",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-28",
      "extent": null,
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    {
      "path": "article/29",
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      "number": "29",
      "heading": "Transitional provision: consumer credit back book mortgage contracts",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-29",
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    {
      "path": "article/30",
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      "heading": "Transitional provision: person engaged in consumer buy-to-let mortgage business before 20th March 2014",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-30",
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    {
      "path": "article/31",
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      "heading": "Transitional provision: person subject to the Consumer Credit Act 1974 who chooses to adopt new rules before 21st March 2016",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-31",
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      "path": "signature",
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      "heading": "The Financial Services and Markets Act 2000 (EEA Passport Rights) Regulations 2001",
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      "heading": "The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005",
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      "heading": "The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2013",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/schedule-1/paragraph-15",
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      "heading": "Requirements for registered consumer buy-to-let mortgage firms",
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    {
      "path": "schedule/2/crossheading/conditions-applicable-to-creditors-and-credit-intermediaries",
      "kind": "crossheading",
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      "heading": "Conditions applicable to creditors and credit intermediaries",
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    {
      "path": "schedule/2/paragraph/1",
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      "heading": "Conduct of business obligations when providing consumer buy-to-let mortgage products to consumers",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/schedule-2/paragraph-1",
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    {
      "path": "schedule/2/paragraph/2",
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      "heading": "Obligation to provide information free of charge to consumers",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/schedule-2/paragraph-2",
      "extent": null,
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    {
      "path": "schedule/2/paragraph/3",
      "kind": "paragraph",
      "number": "3",
      "heading": "Knowledge and competence requirements for staff",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/schedule-2/paragraph-3",
      "extent": null,
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    {
      "path": "schedule/2/crossheading/conditions-applicable-to-creditors-and-credit-intermediaries-information-and-practices-preliminary-to-the-conclusion-of-the-consumer-buytolet-mortgage-contract",
      "kind": "crossheading",
      "number": null,
      "heading": "Information and practices preliminary to the conclusion of the consumer buy-to-let mortgage contract",
      "url": null,
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      "status": null,
      "parent": "schedule/2/crossheading/conditions-applicable-to-creditors-and-credit-intermediaries"
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    {
      "path": "schedule/2/paragraph/4",
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      "heading": "Tying and bundling practices",
      "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/schedule-2/paragraph-4",
      "extent": null,
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      "path": "schedule/2/paragraph/5",
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