Regulation 14 Consequential amendments

In consequence of the above regulations, the 1992 Act is amended in accordance with the following provisions of this regulation.

In section 1(2) paragraph (b) and the word “and” immediately preceding it are omitted.

In section 1(4) “, subject to subsection (6) below,” is omitted.

In section 7(1)(a) “or” is omitted.

At the end of section 7(1) there is inserted

“or

(c)

the cancellation of a timeshare credit agreement by virtue of section 6A of this Act.”

In section 7(2)(a), after “notice” there is inserted “or the cancellation of the timeshare credit agreement by virtue of section 6A of this Act (as the case may be)”.

In section 10 for “The Schedule” there is substituted “Schedule 2”.

In section 11(1) for “the Schedule” there is substituted “Schedule 2”.

In section 12(2) for “2” there is substituted “1A”.

Subsection (5) of section 12 shall cease to have effect.