OpenLegislation

Article 177 Meaning of “consumer credit EEA firm”I1

United Kingdom

After section 189 of the Consumer Credit Act 1974 insert—

“Meaning of “consumer credit EEA firm”

189A

In this Act “consumer credit EEA firm” means an EEA firm falling within sub-paragraph (a), (b) or (c) of paragraph 5 of Schedule 3 to the Financial Services and Markets Act 2000 carrying on, or seeking to carry on, consumer credit business, consumer hire business or ancillary credit business for which a licence would be required under this Act but for paragraph 15(3) of Schedule 3 to the Financial Services and Markets Act 2000.”.

Annotations

Commencement

I1

Art. 177 in force at 1.12.2001, see art. 1