Statutory Instruments

1983 No. 1553

CONSUMER CREDIT

The Consumer Credit (Agreements) Regulations 1983

Made

24th October 1983

Laid before Parliament

3rd November 1983

Coming into Operation

19th May 1985

The Secretary of State, in exercise of the powers conferred on him by sections 60, 61(1)(a), 105(9), 114(1), 127(3), 182(2) and 189(1) of the Consumer Credit Act 1974 and of all other powers enabling him in that behalf, hereby makes the following Regulations:—

Citation, commencement and interpretation_I1

1.—(1) These Regulations may be cited as the Consumer Credit (Agreements) Regulations 1983 and shall come into operation on 19th May 1985.

(2) In these Regulations, unless the context otherwise requires—

“ the Act ” means the Consumer Credit Act 1974 ;

“ advance payment ” includes any deposit and in relation to a regulated consumer credit agreement includes also any part-exchange allowance in respect of any goods agreed in antecedent negotiations to be taken by the creditor in part-exchange but does not include a repayment of credit or any insurance premium or any amount entering into the total charge for credit;

“ the APR ” means the annual percentage rate of charge for credit determined in accordance with the [^F1 total charge for credit rules ^F1] and Schedule 7 to these Regulations and, in the case of modifying agreements, Regulation 7 of, and Part I of Schedule 8 to, these Regulations;

“ cancellable agreement ” includes an agreement which is a modifying agreement treated under section 82(5) of the Act as a cancellable agreement;

“ cash price ” in relation to any goods, services, land or other things means the price or charge at which the goods, services, land or other things may be purchased by, or supplied to, the debtor for cash ;

[^F2 “contract of shortfall insurance” means anything in writing which contains or purports to contain some promise or assurance (however worded or presented) that if a sum payable under a contract of insurance against loss of or damage to goods is less than the amount necessary to defray—

(a)

any amount of credit provided to finance the purchase of those goods; and

(b)

any other amount included in the total charge for that credit,

to the extent that these remain unpaid at the date of the loss or damage, a sum up to but not exceeding that shortfall will be paid;^F2]

^F3...

“ earlier credit agreement ” means an earlier agreement for the provision of credit;

“ earlier hire agreement ” means an earlier agreement for the bailment or the hiring of goods;

[^F4 “ guarantee of goods ” means anything in writing which contains or purports to contain some promise or assurance (however worded or presented) that defects in goods will be made good by complete or partial replacement, or by repair, monetary compensation or otherwise; ^F4]

“ hire payment ” means any payment to be made by the hirer in relation to any period in consideration of the bailment or hiring to him of goods under a regulated consumer hire agreement;

“ lettering ” includes figures and symbols;

“ modified agreement ” means an earlier agreement as varied or supplemented by a modifying agreement, which is treated as—

(a)

revoking the earlier agreement, and

(b)

containing provisions reproducing the combined effect of the two agreements;

[^F5 “the relevant date” means—

(a)

where a date is specified in or determinable under an agreement at the date of its making as that on which the debtor is entitled to require the provision of anything under the agreement, the earliest such date, or

(b)

where no such date is specified or determinable, the date of the making of the agreement;^F5]

“ total charge for credit ” shall be determined in accordance with the [^F1 total charge for credit rules ^F1][^F6 and Schedule 7 to these Regulations ^F6] and, in the case of modifying agreements, Regulation 7 of, and Part I of Schedule 8 to, these Regulations; and

[^F7 “ the total charge for credit rules ” means rules made by the Financial Conduct Authority under article 60M of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 for the purposes of Chapter 14A of Part 2 of that Order ^F7] .

[^F8 (2A) References in these Regulations to contracts of insurance must be read with—

(a)section 22 of the Financial Services and Markets Act 2000;

(b)any relevant order under that section; and

(c)Schedule 2 to that Act.^F8]

(3) In these Regulations, any reference to a repayment is a reference to—

(a)a repayment of the whole or any part of the credit;

(b)a payment of the whole or any part of the total charge for credit; or

(c)a combination of such repayments and payments.

[^F9Form and content of regulated consumer credit agreements

2.—(1) Subject to paragraphs (2) and (9) below, documents embodying regulated consumer credit agreements (other than modifying agreements) shall contain the information set out in Column 2 of Schedule 1 to these Regulations in so far as it relates to the type of agreement referred to in Column 1.

(2) Where any information about financial and related particulars set out in paragraphs 9 to 11 of Schedule 1 to these Regulations cannot be exactly ascertained by the creditor, estimated information based on the assumptions referred to in paragraph 10 of that Schedule, where applicable, and otherwise such assumptions as the creditor may reasonably make in all the circumstances of the case and a statement of the assumptions made shall be included in documents embodying regulated consumer credit agreements.

(3) Subject to paragraph (9) below, documents embodying regulated consumer credit agreements, other than agreements of the description specified in the Schedule to the Consumer Credit (Notices of Cancellation Rights) (Exemptions) Regulations 1983 in relation to which there are no charges forming part of the total charge for credit (in this regulation referred to as “exempted agreements”), shall contain statements of the protection and remedies available to debtors under the Act, in the Form numbered in Column 1 of Part 1 of Schedule 2 to these Regulations and set out in Column 3, in so far as they relate to the type of agreement referred to in Column 2.

(4) Subject to paragraphs (5) and (9) below, the information, statements of the protection and remedies, signature and separate boxes which this regulation requires documents embodying regulated consumer credit agreements to contain, shall be set out in the order given by paragraphs (a) to (f) below under, where applicable, the headings specified below—

(a)the nature of the agreement as set out in paragraph 1 of Schedule 1 to these Regulations;

(b)the parties to the agreement as set out in paragraph 2 of Schedule 1 to these Regulations;

[^F10 (c) under the heading “Key Financial Information”, the financial and related particulars set out in paragraphs 6 to 8B, 11 to 14 and 15 to 17 of Schedule 1 to these Regulations; ^F10]

(d) under the heading “Other Financial Information”, the financial and related particulars set out in paragraphs 3 to 5, 9, 10, 14A and 18 to 19A of Schedule 1 to these regulations;

(e) under the heading “Key Information”—

(i)the information set out in paragraphs 20 to 24 of Schedule 1 to these Regulations; and

(ii)the statements of protection and remedies set out in Schedule 2 to these Regulations; and

(f)the signature box and, where applicable, the separate box required by paragraph (7)(b) below;

and such information, statements of protection and remedies, signature and separate boxes shall be shown together as a whole and shall not be preceded by any information apart from trade names, logos or the reference number of the agreement or interspersed with any other information or wording apart from subtotals of total amounts and cross references to the terms of the agreement.

(5) In the case of documents embodying restricted-use debtor-creditor-supplier agreements for fixed-sum credit to finance a transaction comprising the acquisition of goods, services, land or other things specified in the agreement or identified and agreed on at the time the agreement is made and relating to more than one description of goods, services, land or other things, the cash prices, and the total cash price, referred to in paragraph 4 of Schedule 1 to these Regulations may be shown in a schedule to such document together with each description of the goods, services, land or other things, provided that the total cash price and a reference to the schedule to such document are shown together with the information required by paragraph (4)(d) above.

(6) The APR referred to in paragraphs 15 to 17 of Schedule 1 to these Regulations shall in documents embodying regulated consumer credit agreements, other than exempted agreements—

(a) be denoted as “APR” or “annual percentage rate” or “annual percentage rate of the total charge for credit; and

(b) where it is subject to change, be accompanied by the word “variable”.

(7) Documents embodying regulated consumer credit agreements other than exempted agreements shall, subject to paragraph (9) below, contain a signature box in the Form numbered in Column 1 of Part 1 of Schedule 5 to these Regulations and set out in Column 3 in so far as it relates to the type of agreement referred to in Column 2 and shall—

(a)if—

(i)the documents embody a principal agreement and subsidiary agreement to which paragraph (9) below applies; or

(ii)at the time of entering into the agreement the debtor is also purchasing an optional contract of insurance which will be financed by credit advanced under that agreement,

contain a form of consent in the Form set out in Part III of Schedule 5 immediately below the signature box required by this paragraph; and

(b)if the agreement is one to which section 58(1) of the Act applies, is a cancellable agreement or is an agreement under which a person takes any article in pawn and under which the pawn-receipt is not separate from the document embodying the agreement, contain a separate box immediately above, below or adjacent to the signature box in which shall be included the appropriate statements specified in Forms 1 and 4 to 6 of Part 1, and in Part II, of Schedule 2.

(8) Paragraph (9) applies to documents embodying a debtor-creditor-supplier agreement falling within section 12(a) of the Act or a debtor-creditor agreement (in this paragraph and paragraph (9) in either case referred to as “the principal agreement”) and also embodying, or containing the option of, a debtor-creditor-supplier agreement falling within section 12(b) of the Act (in this paragraph and paragraph (9) referred to as “the subsidiary agreement”) where the subsidiary agreement is to finance a premium under one or more of—

(a)a contract of insurance to provide a sum payable in the event of the death of a debtor or a debtor suffering one or more of the following:—

(i)accident;

(ii)sickness; and

(iii)unemployment,

at any time before the credit under the principal agreement and the subsidiary agreement has been repaid, where the sum payable does not exceed the amount sufficient to defray the sums payable to the creditor in respect of that credit and of the total charge for credit and where the policy monies payable under the contract of insurance are to be used for a repayment under the principal agreement and the subsidiary agreement;

(b)a contract of shortfall insurance; and

(c)a contract of insurance in so far as it relates to the guarantee of goods.

(9) Documents to which this paragraph applies may contain instead of the headings specified in paragraph 1 of Schedules 1 or 8 to these Regulations, statements of protection and remedies available to debtors under the Act and signature boxes that would otherwise apply—

(a)a heading and signature box in so far as they relate to the principal agreement;

(b)a statement in Form 14 of Part I of Schedule 2 to these Regulations; and

(c)other statements (other than in Form 16 of Part I of Schedule 2) of the protection and remedies available to debtors under the Act in so far as they relate to the principal agreement.

(10) Documents embodying regulated consumer credit agreements shall embody any security provided in relation to the regulated agreement by the debtor.^F9]

Form and content of regulated consumer hire agreements_I2

3.—(1) Subject to paragraph (2) below, documents embodying regulated consumer hire agreements (other than modifying agreements) shall contain the information set out in Column 2 of Schedule 3 to these Regulations in so far as it relates to the type of agreement referred to in Column 1.

(2) Where any information about financial and related particulars set out in paragraphs 5 and 6 of Schedule 3 to these Regulations cannot be exactly ascertained by the owner, estimated information based on such assumptions as the owner may reasonably make in all the circumstances of the case and an indication of the assumptions made shall be included in documents embodying regulated consumer hire agreements.

(3) Documents embodying regulated consumer hire agreements shall contain statements of the protection and remedies available to hirers under the Act, in the Form numbered in Column 1 of Schedule 4 to these Regulations and set out in Column 3, in so far as they relate to the type of agreement referred to in Column 2.

[^F11 (4) Subject to paragraph (5) below the information, statements of the protection and remedies, signature and separate boxes which this regulation requires documents embodying regulated consumer hire agreements to contain, shall be set out in the order given by paragraphs (a) to (e) below under, where applicable, the headings specified below:—

(a)the nature of the agreement as set out in paragraph 1 of Schedule 3 to these Regulations;

(b)the parties to the agreement as set out in paragraph 2 of Schedule 3 to these Regulations;

(c) under the heading “Key Financial Information”, the financial and related particulars set out in paragraphs 3 to 8 of Schedule 3 to these Regulations;

(d) under the heading “Key Information”—

(i)the information set out in paragraphs 9 to 11 of Schedule 3 to these Regulations; and

(ii)the statements of protection and remedies set out in Schedule 4 to these Regulations; and

(e)the signature box and, where applicable, the separate box required by paragraph (6) below,

(5) In the case of documents embodying consumer hire agreements relating to more than one description of goods to be bailed or hired under the agreement, the list or other description of the goods referred to in paragraph 3 of Schedule 3 to these Regulations may be shown in a schedule to such document, provided that a reference to the schedule to such document is shown together with the remaining financial and related particulars specified in [^F12paragraph (4)(c) above^F12] .

(6) Documents embodying regulated consumer hire agreements shall contain a signature box in the Form numbered in Column 1 of Part II of Schedule 5 to these Regulations and set out in Column 3, in so far as it relates to the type of agreement referred to in Column 2 and shall, if the agreement is one to which section 58(1) of the Act applies or is a cancellable agreement, contain a separate box immediately above, below or adjacent to the signature box in which shall be included the appropriate statements specified in [^F13Forms 1, 4 and 5^F13] of Schedule 4.

(7) Documents embodying regulated consumer hire agreements shall embody any security provided in relation to the regulated agreement by the hirer.

Pawn-receipts_I3

4. Where a pawn-receipt is given under section 114(1) of the Act, by a person who takes any article in pawn under a regulated consumer credit agreement or a modifying agreement varying or supplementing an earlier credit agreement which is, or is treated under section 82(3) of the Act as, a regulated agreement, and where the pawn-receipt is not separate from any document embodying such an agreement, it shall—

(a)contain the information set out in paragraphs 1, 2 and 20 of Schedule 1 to these Regulations, or, in the case of a modifying agreement varying or supplementing an earlier credit agreement, in paragraphs 1 , 2 and 20 of Part I of Schedule 8; and

(b)contain a notice in the Form [^F14numbered 18^F14] in Column 1 of Part II of Schedule 2 to these Regulations and set out in Column 3.

Statutory Forms_I4

5.—(1) The wording of any Form specified in Schedule 2, 4 and 5 to these Regulations shall be reproduced in documents embodying regulated agreements without any alteration or addition, except that—

(a) the words “the creditor” or “the owner” may be replaced by the name of the creditor or owner, by the expression by which the creditor or owner is referred to in the agreement or by an appropriate pronoun, and any consequential changes to pronouns and verbs or other consequential grammatical changes may be made;

(b) the word “DEBTOR” may be replaced by “BORROWER” or “CUSTOMER” and the word “Debtor(s)” may be replaced by “Borrower(s)” or “Customer(s)” ; and

(c)every Form shall be completed in accordance with any footnote.

(2) Any such footnote shall not be treated as part of any Form specified in the said Schedules and may be reproduced in addition to any such Form.

(3) Where any such footnote requires any words to be omitted, those words shall be omitted or deleted.

^F15(4) Where words are shown in capital letters in any Form specified in Schedule 2, 4 or 5 to these Regulations and are reproduced in documents embodying regulated agreements, they shall be afforded more prominence (whether by capital letters, underlining, large or bold print or otherwise) than any other lettering in that Form except lettering inserted in accordance with paragraph (1)(c) above and no less prominence than that given to any other information in the document apart from the heading to the document, ... trade names, names of parties to the agreement or lettering in the document inserted in handwriting.

Signing of agreement_I5

6.—(1) The terms specified in Column 2 of Schedule 6 to these Regulations in relation to the type of regulated agreement referred to in Column 1 (and no other terms) are hereby prescribed for the purposes of section 61(1)(a) of the Act (the terms which must be contained in a document if a regulated agreement is not to be improperly executed) and of section 127(3) (the terms which must be contained in a document before any enforcement order can be made under section 65(1), if section 61(1)(a) was not complied with).

[^F16 (2) The lettering of the terms of the agreement included in the document referred to in section 61(1)(a) of the Act, containing all the prescribed terms of the regulated agreement, and of the information contained in that document for the purpose of conforming to these Regulations shall—

(a)apart from any signature, be easily legible and, where applicable, be of a colour which is readily distinguishable from the background medium upon which the information is displayed; and

(b)apart from that inserted in handwriting, be of equal prominence, except that headings, trade names and names of parties to the agreement may be afforded more prominence whether by capital letters, underlining, larger or bold print or otherwise.^F16]

(3) The signature of the said document shall be made in the following manner—

(a)by the debtor or hirer, or by or on behalf of the debtor or hirer in the case of a partnership or an unincorporated body of persons, in the space in the document indicated for the purpose, and, subject to sub-paragraph (c) below, the date of the signature shall be inserted in the space in the document indicated for the purpose;

(b)by the creditor or owner, or by a person on his behalf, outside any signature box in which the debtor or hirer may sign and, subject to sub-paragraph (c) below, the date of the signature shall be inserted outside any such signature box;

(c)in the case of a regulated agreement which is not a cancellable agreement, the date on which the unexecuted agreement becomes an executed agreement may be inserted in the document and in such a case any other date specified in paragraphs (a) and (b) above need not be inserted; and

(d)nothing in this Regulation shall prohibit the inclusion in the said document, near to any such signature, of the signature by any witness outside any signature box in which the debtor or hirer may sign.

(4) In Scotland any provision in paragraph (3) above requiring the said document to be signed shall be complied with by a body corporate if the document is properly executed in accordance with the law of Scotland.

[^F17 (5) Where an agreement is intended to be concluded by the use of an electronic communication nothing in this Regulation shall prohibit the inclusion in the signature box of information about the process or means of providing, communicating or verifying the signature to be made by the debtor or hirer.^F17]

Modifying agreements which are, or are treated as, regulated agreements_I6

7.—(1) The provisions of these Regulations shall apply to modifying agreements which vary or supplement earlier credit agreements or earlier hire agreements and which are, or are treated under section 82(3) of the Act as, regulated agreements, subject as hereinafter mentioned.

(2) Subject to paragraphs (3) and (12) below, documents embodying modifying agreements varying or supplementing earlier credit agreements shall contain the information set out in Column 2 of Part I of Schedule 8 to these Regulations in so far as it relates to the type of modifying agreement referred to in Column 1.

[^F18 (3) Where any information about financial and related particulars set out in paragraphs 8 to 10 of Part 1 of Schedule 8 to these Regulations cannot be exactly ascertained by the creditor, estimated information based on the assumptions referred to in paragraph 9 of that Schedule, where applicable, and otherwise such assumptions as the creditor may reasonably make in all the circumstances of the case and a statement of the assumptions made shall be included in documents embodying modifying agreements varying or supplementing earlier credit agreements.^F18]

[^F19 (4) Subject to paragraph (5) below and regulation 2(9), the information, statements of the protection and remedies, signature and separate boxes which under these Regulations must be contained in documents embodying modifying agreements varying or supplementing earlier credit agreements in relation to the credit being provided under the modifying agreement, shall be set out in the order given by paragraphs (a) to (f) below under, where applicable, the headings specified below—

(a)the nature of the agreement as set out in paragraph 1 of Part 1 of Schedule 8 to these Regulations;

(b)parties to the agreement as set out in paragraph 2 of Part 1 of Schedule 8 to these Regulations;

(c) under the heading “Key Financial Information”, the financial and related particulars set out in paragraphs 5 to 7B and 10 to 17 of Part 1 of Schedule 8 to these Regulations;

(d) under the heading “Other Financial Information”, the financial and related particulars set out in paragraphs 3, 4, 8, 9, 13A and 18 – 19A of Part 1 of Schedule 8 to these Regulations;

(e) under the heading “Key Information”—

(i)the information set out in paragraphs 20 to 23 of Part 1 of Schedule 8 to these Regulations; and

(ii)the statements of protection and remedies set out in Schedule 2 to these Regulations; and

(f)the signature box and, where applicable, separate box required by regulation 2(7)(b),

(5) In the case of documents embodying modifying agreements varying or supplementing earlier restricted-use debtor-creditor-supplier agreements for fixed-sum credit which were to finance a transaction comprising the acquisition of goods, services, land or other things specified in the earlier agreement or identified and agreed on at the time the earlier agreement was made and relating to more than one description of goods, services, land or other things, the cash prices, and the total cash price, referred to in paragraph 3 of Part I of Schedule 8 to these Regulations may be shown in a schedule to such document together with each description of the goods, services, land or other things, provided that the total cash price and a reference to the schedule to such document are shown together with the [^F20the information required by paragraph (4)(d) above.^F20]

(6) The APR referred to in paragraphs 14 to 17 of Part I of Schedule 8 to these Regulations shall in documents embodying modifying agreements varying or supplementing earlier credit agreements—

(a) be denoted as “APR” or “annual percentage rate” or “annual percentage rate of the total charge for credit”; and

[^F21 (b) where it is subject to change, be accompanied by the word “variable”. ^F21]

(7) For the purposes of Part I of Schedule 8 to these Regulations, in calculating—

(a)the amount of repayments or of any capital outstanding under an earlier agreement;

(b)the total charge for credit (or any items included in it) in relation to the credit to be provided under the modified agreement; or

(c)the APR in relation to the modified agreement,

the relevant date shall be determined by reference to the date of the modifying agreement.

(8) For the purposes of Part I of Schedule 8 to these Regulations, the total cash price under the modified agreement shall be taken to be the total of—

(a)the total amount of the capital outstanding under the earlier agreement on the relevant date within the meaning of paragraph 5 of Part I of Schedule 8; and

(b)the cash price in relation to each list or other description of any additional goods, services, land or other things the acquisition of which is to be financed by credit under the modifying agreement.

(9) Subject to paragraphs (10), (12) and (15) below, documents embodying modifying agreements varying or supplementing earlier hire agreements shall contain the information set out in Column 2 of Part II of Schedule 8 to these Regulations in so far as it relates to the type of modifying agreement referred to in Column 1.

(10) Where any information about financial and related particulars set out in paragraphs 5 and 6 of Part II of Schedule 8 to these Regulations cannot be exactly ascertained by the owner, estimated information based on such assumptions as the owner may reasonably make in all the circumstances of the case and an indication of the assumptions made shall be included in documents embodying modifying agreements varying or supplementing earlier hire agreements.

[^F22 (11) The information, statements of the protection and remedies, signature and separate boxes which under these Regulations must be contained in documents embodying modifying agreements varying or supplementing earlier hire agreements in relation to the goods to be bailed or hired under the modifying agreement, shall be set out in the order given by paragraphs (a) to (e) below under, where applicable, the headings specified below—

(a)the nature of the agreement as set out in paragraph 1 of Part II of Schedule 8 to these Regulations;

(b)the parties to the agreement as set out in paragraph 2 of Part II of Schedule 8 to these Regulations;

(c) under the heading “Key Financial Information”, the financial and related particulars set out in paragraphs 3 to 8 of Part II of Schedule 8 to these Regulations;

(d) under the heading “Key Information”—

(i)the information set out in paragraphs 9 to 11 of Part II of Schedule 8 to these Regulations; and

(ii)the information set out in Schedule 4 to these Regulations; and

(e)the signature box and, where applicable, separate box required by regulation 3(6).

(12) Where any information about financial and related particulars set out in paragraphs 3 to 19 of Schedule 1 to these Regulations and paragraphs 3 to 8 of Schedule 3 is contained in any document embodying an earlier agreement, nothing in the preceding provisions of this Regulation shall require the information to be contained in any document embodying a modifying agreement varying or supplementing an earlier agreement except as mentioned in Schedule 8 if the information is not varied or supplemented by the modifying agreement and the document contains a statement to this effect.

(13) Documents embodying modifying agreements shall identify clearly the terms and financial and related particulars of earlier agreements varied or supplemented by modifying agreements.

(14) In the application of Regulation 6(1) above and Schedule 6 to these Regulations to modifying agreements, which are, or are treated under section 82(3) of the Act as, regulated agreements—

(a)for any reference to the type of agreement referred to in Column 1 of Schedule 6 there shall be substituted a reference to modifying agreements which vary or supplement the type of agreement referred to in Column 1 of Schedule 6;

(b)any reference in Column 2 of Schedule 6 to an agreement, or a term, shall be a reference to a modified agreement, or a term of a modified agreement, as the case may be; and

(c)any term referred to in Column 2 of Schedule 6 in relation to the type of modifying agreement referred to in sub-paragraph (a) above shall not be a prescribed term for the purposes of sections 61(1)(a) and 127(3) of the Act, if the term was a term of the earlier agreement and has not been varied or supplemented by the modifying agreement.

(15) Where a modifying agreement varies or supplements an earlier hire agreement and the modified agreement is, or is treated as, a restricted-use debtor-creditor-supplier agreement, the provisions of this Regulation shall apply to any document embodying the modifying agreement as though it varied or supplemented an earlier restricted-use debtor-creditor-supplier agreement, except that its heading shall be “Agreement modifying a Hire Agreement and regulated by the Consumer Credit Act 1974 ”.

Application of Regulations_I7

8.—(1) Subject to [^F23paragraphs (1A) to (2) and (4)^F23] below, Regulations 1 to 3 and 5 to 7 shall apply to regulated agreements, and modifying agreements treated under section 82(3) of the Act as regulated agreements, made on or after 19th May 1985.

[^F24 (1A) Where an agreement is a regulated consumer credit agreement these Regulations apply where that agreement is—

(a)an agreement secured on land,

[^F25 (b)an agreement under which the creditor provides the debtor with credit exceeding £60,260 other than a residential renovation agreement, or^F25]

(c)an agreement entered into by the debtor wholly or predominantly for the purposes of a business carried on, or intended to be carried on, by him,

except to the extent that the Consumer Credit (Agreements) Regulations 2010 apply to such agreements.

[^F26 (1B) Article 60C(5) and (6) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 applies for the purposes of paragraph (1A)(c).^F26^,^F24]]

(2) In the case of a modifying agreement of a type specified in paragraphs 3 to 19 of Part I and 3 to 8 of Part II of Schedule 8 to these Regulations made on or after 19th May 1985 which varies or supplements an earlier credit agreement or an earlier hire agreement made before that date, nothing in these Regulations shall require the information about financial and related particulars specified in those paragraphs to be contained in any document embodying the modifying agreement if no term of the earlier agreement relating to such financial and related particulars has been varied or supplemented by the modifying agreement.

(3) Nothing in these Regulations applies to a regulated agreement which purports to bind a person to enter as debtor or hirer into a prospective regulated agreement and which is excluded from the operation of section 59(1) of the Act by the Consumer Credit (Agreements to enter Prospective Agreements) (Exemptions) Regulations 1983.

[^F27 (4) These Regulations do not apply to an agreement entered into on or after 26th August 2010 and before 1st February 2011 where—

(a)that agreement is an agreement secured on land to which section 58 of the Act applies, and

(b)the Consumer Credit (Agreements) Regulations 2010 apply to that agreement.^F27]

Alexander Fletcher

Parliamentary Under-Secretary of State

Department of Trade and Industry

24th October 1983

Regulation 2(1)

SCHEDULE 1 INFORMATION TO BE CONTAINED IN DOCUMENTS EMBODYING REGULATED CONSUMER CREDIT AGREEMENTS OTHER THAN MODIFYING AGREEMENTS _I8

TYPE OF AGREEMENT	INFORMATION
(1)	(2)
Nature of agreement
[^F28 1. All types.	(1) Subject to paragraph (2) below, a heading in one of the following forms of words—
	(a) “Hire-Purchase Agreement regulated by the Consumer Credit Act 1974”;
	(b) “Conditional Sale Agreement regulated by the Consumer Credit Act 1974”;
	(c) “Fixed-Sum Loan Agreement regulated by the Consumer Credit Act 1974”; or
	(d) “Credit Card Agreement regulated by the Consumer Credit Act 1974”,
	as the case may require.
	(2) If none of the headings in 1(a) to (d) above are applicable a heading in the following form of words—“Credit Agreement regulated by the Consumer Credit Act 1974”.
	(3) Where the document and a pawn-receipt are combined, the words “, and Pawn Receipt,” shall be inserted in the heading after the word “Agreement”.
	(4) Where the document embodies an agreement of which at least one part is a credit agreement not regulated by the Act, the word “partly” shall be inserted before “regulated” unless the regulated and unregulated parts of the agreement are clearly separate.
	(5) Where the credit is being secured on land the words “secured on” followed by the address of the land shall be inserted at the end of the heading.^F28]
Parties to agreement
2. All types.23	(1) The name [^F29, postal address and, where appropriate, any other address^F29] of the creditor.
	(2) The name [^F29, postal address and, where appropriate, any other address^F29] of the debtor.
FINANCIAL AND RELATED PARTICULARS
Description of goods, services, land etc.
3. Restricted-use debtor-creditor-supplier agreements for fixed-sum credit to finance a transaction comprising the acquisition of goods, services, land or other things specified in the agreement or identified and agreed on at the time the agreement is made.	A list or other description of the goods, services or other things and, in the case of land, a general description of the land, the acquisition of which is to be financed by credit under the agreement.
Cash price
4. Agreements falling within paragraph 3.	The cash price in relation to each list or other description of goods, services, land or other things, to be shown under paragraph 3 above, and the total cash price.
Advance payments
5. All types in relation to which any advance payment is to be made by the debtor (whether under the agreement or as a condition precedent to the making of the agreement) before he is provided with credit under the agreement or, as the case may be, before he enters into the agreement.	The amount of the advance payments to be made by the debtor and, in the case of a cancellable agreement, the nature of such payments.
Amount of credit
6. Agreements falling within paragraph 3 except agreements under which both—	The amount of the credit to be provided under the agreement, namely the difference between the total cash price to be shown under paragraph 4 above and the total of any advance payments to be shown under paragraph 5 above.
(a) the total amount payable by the debtor is not greater than the total cash price referred to in paragraph 4; and
(b) there is no advance payment falling within paragraph 5.
7. Agreements for fixed-sum credit not falling within paragraph 3.	The amount of the credit to be provided under the agreement.
Credit limit
8. Agreements for running-account credit.	The credit limit expressed as:—
	(a) a sum of money;
	(b) a statement that the credit limit will be determined by the creditor from time to time under the agreement and that notice of it will be given by him to the debtor;
	(c) a sum of money together with a statement that the creditor may vary the credit limit to such sum as he may from time to time determine under the agreement and that notice of it will be given by him to the debtor; or
	(d) in a case not falling within head (a), (b) or (c) above, either a statement indicating the manner in which the credit limit will be determined and that notice of it will be given by the creditor to the debtor or a statement indicating that there is no credit limit.
[^F30 Term of the agreement
8A. Agreements of fixed duration for running-account credit	The duration of the agreement.^F30]
[^F30 8B. Agreements for fixed-sum credit.	The duration or minimum duration of the agreement.^F30]
Total charge for credit, rate of interest, etc.
[^F31 9. Agreements for fixed-sum credit except agreements—	(1) The total charge for credit, with a list of its constituent parts.
(a) which do not specify either the intervals between repayments or the amounts of repayments or both the intervals and the amounts;	(2) The rate of interest on the credit to be provided under the agreement or, where more than one such rate applies, all the rates in all cases quoted on a per annum basis with details of when each rate applies.
(b) under which the total amount payable by the debtor to discharge his indebtedness in respect of the amount of credit provided may vary according to any formula specified in the agreement having effect by reference to movements in the level of any index or to any other factor;	(3) A statement explaining how and when interest charges are calculated and applied under the agreement.^F31]
(c) which provide for a variation of, or permit the creditor to vary, (whether or not by reference to any index) the amount or rate of any item included in the total charge for credit after the relevant date; or
(d) under which the total amount payable by the debtor is not greater than the total cash price referred to in paragraph 4.

[^F32 10. Agreements for—	(1) The total charge for credit with a list of its constituent parts and in the case of running-account credit, the total charge for credit shall be calculated on the same assumptions as are set out in paragraph 1 of Schedule 7 for the purpose of calculating the APR in place of the assumptions in ^F33 ... the [^F34 total charge for credit rules^F34] that might otherwise apply.
(a) running-account credit; and
(b) fixed-sum credit falling within the exceptions in paragraph 9(a) to (c).	(2) The rate of interest on the credit to be provided under the agreement or, where more than one such rate applies, all the rates in all cases quoted on a per annum basis with details of when each rate applies.
	(3) A statement whether any interest rate to be shown under (2) above is fixed or variable.
	(4) A statement explaining how and when interest charges are calculated and applied under the agreement.^F32]
Total amount payable
11. Agreements falling within paragraph 9.	The total amount payable, being the total of any amounts to be shown under paragraphs 5, 6 or 7, and 9 above.
Timing of repayments
12. All types.	The timing of repayments to be made under the agreement expressed by reference to one or more of the following—
	(a) the dates on which each repayment is to be made;
	(b) the frequency and number of the repayments and the date of the first repayment or a statement indicating the manner in which that date will be determined;
	(c) a statement indicating the manner in which the dates of the repayments will be determined.
Amounts of repayments
13. All types except those falling within paragraph 14.	The amount of each repayment to be made under the agreement expressed as—
	(a) a sum of money;
	(b) a specified proportion of a specified amount (including the amount outstanding from time to time);
	(c) a combination of heads (a) and (b) above; or
	(d) in a case where the amount of any repayment cannot be expressed in accordance with head (a), (b) or (c) above, a statement indicating the manner in which the amount will be determined
14. Agreements where— (i) the credit to be provided is repayable by two or more instalments; and	The amount of each repayment to be made under the agreement (with or without the equivalent repayment after deduction of tax in accordance with section 26 of, and Schedule 7 to, the Finance Act 1982), expressed as—
(ii) the interest on the credit is of a type to which section 26 of, and Schedule 7 to, the Finance Act 1982 apply.	(a) a sum of money;
	(b) a specified proportion of a specified amount (including the amount outstanding from time to time);
	(c) a combination of heads (a) and (b) above; or
	(d) in a case where the amount of any repayment cannot be expressed in accordance with head (a), (b) or (c) above, a statement indicating the manner in which the amount will be determined:
	Provided that, where the amounts to be paid by the debtor after deduction of tax in accordance with section 26 of, and Schedule 7 to, the Finance Act 1982 are the same, the requirements of this paragraph may be satisfied by a statement indicating the lowest and highest amounts of the repayments to be made under the agreement before deduction of tax.
[^F35 14A. All types where different interest rates or different charges or both are or will be at any time during the term of the agreement payable in respect of—	A statement of the order or proportions in which any amount paid by the debtor which is not sufficient to discharge the total debt then due under the agreement will be applied or appropriated by the creditor towards the discharge of the sums due—
(a) credit provided under the agreement for different purposes; or	(a) in respect of the amounts of credit provided for different purposes, or
(b) under each of the different parts of the agreement,	(b) different parts of the agreement,
whether or not the agreement is a multiple agreement.	as the case may be.^F35]
APR
15. All types except those referred to in paragraph 16.	The APR in relation to the agreement or a statement indicating that the total amount payable under the agreement is not greater than the total cash price of the goods, services, land or other things, the acquisition of which is to be financed by credit under the agreement.
16. Debtor-creditor-supplier agreements for running-account credit under which—	(1) The APR in relation to the agreement calculated on the assumptions specified in sub-paragraphs (2) and (3) below.
(a) the debtor agrees to pay the creditor an amount specified in the agreement on specified occasions;	(2) The first assumption referred to in sub-paragraph (1) above is the assumption that—
(b) there is a credit limit; and	(a) the debtor is provided with an amount of credit at the date of the making of the agreement which, taken with the amount of the charge for that credit ascertained at that date, is equal to the credit limit; and
(c) charges for credit are either—
(i) a fixed amount in respect of each transaction, or
(ii) calculated as a proportion of the price payable under a transaction financed by the credit.	(b) the debtor repays the sum of the amounts referred to in head (a) above by payments of the amounts specified in the agreement on the occasions specified in the agreement and makes no other payment and obtains no further credit in relation to the account.
	(3) The second assumption referred to in sub-paragraph (1) above is the like assumption as in sub-paragraph (2) above save that the sum of the amounts referred to in head (a) thereof shall be taken to be one third of the credit limit.
17. Agreements where the APR is based on a total charge for credit which is calculated to take account of relief available under section 19 of the Income and Corporation Taxes Act 1970 and Schedule 4 to the Finance Act 1976 .	A statement indicating that it has been assumed in the calculation of the APR in relation to the agreement that relief may be available under section 19 of the Income and Corporation Taxes Act 1970 and Schedule 4 to the Finance Act 1976 in respect of premiums under certain policies of insurance without any deduction under section 21 of the said Act of 1970.
Variable rates or items
18. Agreements under which the rate or amount of any item included in the total charge for credit will or may be varied (other than a variation in consequence of an event which is certain to occur).	A statement indicating that in calculating the APR no account has been taken of any variation which may occur under the agreement of the rate or amount of any item entering into that calculation.
19. Agreements falling within paragraph 18.	A statement indicating the circumstances in which any variation referred to in paragraph 18 above may occur and, where that information is ascertainable at the time at which the document referred to in section 61(1) of the Act is presented or sent to the debtor for signature, the time at which any such variation may occur.
[^F36 Land-related agreements^F36]
19A.[^F37 Agreements which— (a) are intended primarily to finance the acquisition or retention of land or the renovation or improvement of a building or any other agreement secured by a mortgage on land or, in Scotland, by a standard security within the meaning of the Conveyancing and Feudal Reform (Scotland) Act 1970, and (b) provide for the possibility of any variation of the rate of interest if it is to be assumed, by virtue of the total charge for credit rules, that the variation will take place but the amount of the variation cannot be ascertained at the date of the making of the agreement.^F37]	The initial standard variable rate within the meaning of [^F38 the total charge for credit rules^F38] together with a statement explaining– (a) what that rate is; and (b) that it has been taken into account in calculating the APR.
OTHER INFORMATION
Security provided by the debtor
20. Agreements, to which section 114 of the Act applies, under which a person takes any article in pawn and where no separate pawn-receipt is given.	A statement indicating that an article has been taken in pawn under the agreement and a description of the article sufficient to identify it.
21. All types except those referred to in paragraph 20 in relation to which any security is to be provided by the debtor to secure the carrying out of the obligations of the debtor under the agreement.	A description of the security to be provided by the debtor in relation to the agreement sufficient to identify it and—
	(a) a general description of any stocks and shares (including any right to become a stockholder or shareholder) to which it relates; and
	(b) in any other case a description of the subject matter to which it relates.
[^F39 Charges
22. All types.	(1) A list of any charges payable under the agreement to the creditor upon failure by the debtor or a relative of his to do or refrain from doing anything which he is required to do or refrain from doing, as the case may be.
	(2) A statement indicating any term of the agreement which provides for charges—
	(a) not required to be shown under (1) above; or
	(b) not included in the total charge for credit.^F39]
[^F40 Cancellation rights
[^F41 23. Agreements that cannot be cancelled by the debtor under the Act or the Financial Services (Distance Marketing) Regulations 2004.	(3) A statement that the debtor has no right to cancel the agreement under the Consumer Credit Act 1974 or the Financial Services (Distance Marketing) Regulations 2004.^F41^,^F40]]
[^F42 Right of withdrawal
23A. Agreements falling within regulation 8(1A)(c)	A statement providing details of the debtor’s right under section 66A of the Act to withdraw from the consumer credit agreement including—
	(1) the right to withdraw within 14 days without the debtor having to give any reason;
	(2) when that period of withdrawal begins and ends;
	(3) the requirement of the debtor to notify the creditor of his intention to withdraw, in writing or orally;
	(4) contact details of the person/creditor whom he must notify of this intention to withdraw from the agreement;
	(5) the requirement to repay the credit without delay and no later than 30 calendar days of giving notice of withdrawal;
	(6) the requirement to pay, without delay and no later than 30 calendar days of giving notice of withdrawal, the interest accrued from the date of drawing down the credit to the date of repaying it; and
	(7) the amount of interest payable per day expressed as a sum of money;
	Paragraph (7) does not apply [in respect of agreements for running account credit] where it is not practicable for the creditor to state the amount of interest payable per day. In such cases, the agreement shall state that where credit is drawn down during the withdrawal period, the creditor shall inform the debtor, on request, without delay, of the amount of interest payable per day.^F42]
[^F43 Amount payable on early settlement
24. Agreements for fixed-sum credit [^F44 secured on land^F44] for a term of more than one month.	(1) Examples based on the amount of credit to be provided under the agreement or the nominal amount of either £1000 or £100, showing the amount that would be payable if the debtor exercised the right under section 94 of the Act to discharge his indebtedness on the date when—
	(a) a quarter of the term of the agreement elapses;
	(b) half of the term elapses; and
	(c) three quarters of the term elapses.
	or on the first repayment date after each of those dates.
	(2) A statement explaining that, in calculating the amounts shown, no account has been taken of any variation which might occur under the agreement, and that the amounts are accordingly only illustrative.^F43]
[^F45 24A. Agreements falling within regulation 8(1A)(b) and (c)	A statement providing details of the debtor’s right of early repayment under section 94 of the Act including—
	(1) the fact that the debtor has a right to repay early in full or part,
	(2) the procedure for early repayment, and
	(3) where applicable details of the creditor’s right to compensation under [^F46 section 95A^F46] [^F46 sections 95A and 95B^F46] of the Act and the manner in which that compensation shall be determined.^F45]

Regulation 2(3)

[^F47SCHEDULE 2

PART 1 Forms of Statement of Protection and Remedies Available under the Consumer Credit Act 1974 to Debtors under Regulated Consumer Credit Agreements

FORM NO	TYPE OF AGREEMENT	FORM OF STATEMENT
(1)	(2)	(3)
1	Agreement to which section 58(1) of the Act applies.	YOUR RIGHTS
		Under the Consumer Credit Act 1974, you should have been given a copy of this agreement at least seven days ago so you could consider whether you wanted to go ahead. If the creditor did not give you a copy of this agreement he can only enforce it with a court order.
2	All types.	MISSING PAYMENTS
		Missing payments could have severe consequences and make obtaining credit more difficult.
3	All agreements which are secured on land.	YOUR HOME MAY BE REPOSSESSED
		Your home may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.
4	Cancellable agreements to which section 68(b) of the Act applies.	YOUR RIGHT TO CANCEL
		You can cancel this agreement within FOURTEEN days (starting the day after you signed it) by giving WRITTEN notice to*.
		If you intend to cancel, you should not use any goods you have under the agreement and you should keep them safe. You can wait for them to be collected and you do not need to hand them over until you receive a written request for them. ^F48 ...
		Notes:
		*Creditor or agent to insert the name and address of person to whom the notice may be given or an indication of the person to whom a notice may be given with clear reference to the place in the document embodying the agreement where his name and address appear.
		** Creditor or agent to include the words in the first set of square brackets unless the words in the second set of square brackets are applicable, i.e. in a case where the subject matter of the agreement is a liquefied petroleum gas vessel of greater than 150 litres water capacity.
5	Cancellable agreements not included in paragraphs [^F49 4 or 6^F49] .	YOUR RIGHT TO CANCEL
		Once you have signed this agreement, you will have a short time in which you can cancel [it][that part of this agreement which is regulated by the Consumer Credit Act 1974]. The creditor will send you exact details of how and when you can do this.
		Notes:
		*Creditor to omit passage in square brackets which does not apply to the agreement.
6	Modifying agreements treated under section 82(5) of the Act as cancellable agreements.	YOUR RIGHT TO CANCEL
		This agreement modifies an earlier agreement. Once you have signed this agreement your right to cancel [that part of]* the earlier agreement [which was regulated by the Consumer Credit Act 1974]* will be widened to cover the [regulated]* agreement as modified. The cancellation period itself will be unchanged. Details of how to cancel are given in your copy of this agreement.
		Notes:
		*Creditor to omit passages in square brackets except in the case of an agreement of which at least one part is a credit agreement not regulated by the Act.
7	Hire purchase and conditional sale agreements relating to goods, not included in paragraph 8.	TERMINATION: YOUR RIGHTS
		You have a right to end this agreement. To do so, you should write to the person you make your payments to. They will then be entitled to the return of the goods and to [the cost of installing the goods plus half the rest of the total amount payable under this agreement, that is] [half the total amount payable under this agreement, that is] £x *. If you have already paid at least this amount plus any overdue instalments and have taken reasonable care of the goods, you will not have to pay any more.
		Notes:
		*Creditor to insert the appropriate passage in square brackets where the amount calculated in accordance with the provisions of section 100 of the Act applies. If the agreement provides for a sum below the minimum prescribed in the Act, both passages in square brackets are to be omitted.
		**Creditor to insert the amount calculated in accordance with the provisions of section 100 of the Act or such lesser sum as the agreement may provide.
8	Agreements modifying hire-purchase and conditional sale agreements relating to goods.	TERMINATION: YOUR RIGHTS
		You have a right to end this agreement. To do so, write to the person you make your payments to. They will then be entitled to the return of the goods and to [the cost of installing the goods plus half the total amount yet to be paid under the earlier agreement as modified by this agreement, that is] [half the total amount payable under the earlier agreement as modified by this agreement, that is]* £x** . If you have already paid at least this amount, plus any overdue instalments and have taken reasonable care of the goods, you will not have to pay any more.
		Notes:
		*Creditor to insert the appropriate passage in square brackets where the amount calculated in accordance with the provisions of section 100 of the Act applies. If the modified agreement provides for a sum below the minimum prescribed in the Act, both passages in square brackets are to be omitted.
		**Creditor to insert the amount calculated in accordance with the provisions of section 100 of the Act or such lesser sum as the agreement may provide.
9	Conditional sale agreements relating to land, not included in paragraph 10.	TERMINATION: YOUR RIGHTS
		Until the title to the land has passed to you, you have a right to end this agreement. To do so write to the person you make your payments to. They will then be entitled to the return of the land and to [half the total amount payable under this agreement, that is]* £x. ** If, at the time you end this agreement, you have already paid at least this amount plus any overdue instalments and you have taken reasonable care of the land, you will not have to pay any more.
		Notes:
		*Creditor to insert the passage in square brackets where the amount calculated in accordance with the provisions of section 100 of the Act applies. If the agreement provides for a sum below the minimum prescribed in the Act, the passage in square brackets is to be omitted.
		**Creditor to insert the amount calculated in accordance with the provisions of section 100 of the Act or such lesser sum as the agreement may provide.
10	Agreements modifying conditional sale agreements relating to land.	TERMINATION: YOUR RIGHTS
		Until the title to the land has passed to you, you have a right to end this agreement. To do so write to the person you make your payments to. They will then be entitled to the return of the land and to [half the total amount payable under your earlier agreement as modified by this agreement, that is]* £x**. If you have already paid at least this amount plus any overdue instalments and taken reasonable care of the land, you will not have to pay any more.
		Notes:
		*Creditor to insert the passage in square brackets where the amount calculated in accordance with the provisions of section 100 of the Act applies. If the modified agreement provides for a sum below the minimum prescribed in the Act, the passage in square brackets is to be omitted.
		**Creditor to insert the amount calculated in accordance with the provisions of section 100 of the Act or such lesser sum as the modified agreement may provide.
11	Hire-purchase and conditional sale agreements relating to goods, not included in paragraph 12.	REPOSSESSION: YOUR RIGHTS
		If you do not keep your side of this agreement but you have paid at least [the cost of installing the goods plus one third of the rest of the total amount payable under this agreement, that is] [one third of the total amount payable under this agreement, that is]£x* the creditor may not take back the goods against your wishes unless he gets a court order. (In Scotland he may need to get a court order at any time.) If he does take the goods without your consent or a court order, you have the right to get back any money that you have paid under this agreement.
		Notes:
		*Creditor to insert the appropriate passage in square brackets.
		**Creditor to insert the amount calculated in accordance with the provisions of section 90 of the Act.
12	Agreements modifying hire-purchase and conditional sale agreements relating to goods.	REPOSSESSION: YOUR RIGHTS
		If you do not keep to your side of this agreement [but you have paid at least £x]* the creditor may not take back the goods against your wishes unless he gets a court order. (In Scotland he may need to get a court order at any time.) If he does take the goods without your consent or a court order, you have the right to get back all the money you have paid under this agreement.
		Notes:
		*Creditor to insert the amount calculated in accordance with the provisions of section 90 of the Act.
		**Creditor to omit both passages in square brackets in the case of a modifying agreement where the goods are protected at the time the modifying agreement is made.
13	Agreements, to which section 114 of the Act applies, under which a person takes any article in pawn.	IMPORTANT – READ THIS CAREFULLY TO FIND OUT ABOUT YOUR RIGHTS
		The Consumer Credit Act 1974 lays down certain requirements for your protection which should have been complied with when this agreement was made. If they were not, the creditor cannot enforce this agreement without getting a court order.
		The Act also gives you a number of rights. In particular you should read the NOTICE TO DEBTOR [in this agreement]* [in your pawn receipt].**
		If you would like to know more about your rights under the Act, contact either your local Trading Standards Department or your nearest Citizens' Advice Bureau.
		Notes:
		*Phrase in square brackets to be included by creditor in agreements where any document embodying the agreement is not separate from the pawn-receipt. Creditor to omit “in your pawn receipt”.
		** Phrase in square brackets to be included by creditor in agreements where a separate pawn-receipt is given to the debtor. Creditor to omit “in this agreement”.
14	Debtor-creditor-supplier agreements falling within section 12(b) and (c) of the Act, and multiple agreements not falling within paragraph 15 of which at least one part is a debtor-creditor-supplier agreement falling within section 12(b) or (c) of the Act.	IMPORTANT – READ THIS CAREFULLY TO FIND OUT ABOUT YOUR RIGHTS
		The Consumer Credit Act 1974 lays down certain requirements for your protection which should have been complied with when this agreement was made. If they were not, the creditor cannot enforce this agreement without getting a court order.
		The Act also gives you a number of rights:
		[^F50 1) You can settle this agreement at any time by giving notice [in writing]* and paying off the amount you owe under the agreement [which may be reduced by a rebate] [Examples indicating the amount you have to pay appear in the agreement.]*
		[2) You can settle this agreement in part at any time by giving notice and paying off some of the amount you owe.]****
		[3) If you received unsatisfactory goods or services paid for under this agreement [, apart from any bought with a cash loan,]***** you may have a right to sue the supplier, the creditor or both.
		4) If the contract is not fulfilled, perhaps because the supplier has gone out of business, you may still be able to sue the creditor.]******
		If you would like to know more about your rights under the Act, contact either your local Trading Standards Department or your nearest Citizens’ Advice
		Notes:
		*Creditor to insert phrase in square brackets where agreement is secured on land.
		**Creditor to insert phrase in square brackets in any agreement where rebate would be payable on early settlement under the agreement or the Consumer Credit (Early Settlement) Regulations 2004.
		*** Creditor to insert phrase in second pair of square brackets in any agreement for fixed-sum credit for a term of more than one month that is an agreement secured on land.
		**** Creditor to delete where agreement is secured on land.
		***** Creditor to insert phrase in square brackets in any multiple agreement, of which at least one part is a debtor-creditor-supplier agreement falling within section 12(b) or (c) of the Act and at least one part is a debtor-creditor agreement falling within section 13(c) of the Act.
		******Creditor may delete text in 3) and 4) where agreement is a debtor-creditor-supplier agreement for running-account credit—
		(i) which provides for the making of payments by the debtor in relation to specified periods which, in the case of an agreement which is not secured on land, do not exceed three months, and
		(ii) which requires that the number of payments to be made by the debtor in repayments of the whole amount of credit provided in such period shall not exceed one.^F50]
15	Multiple agreements of which at least one part is a credit agreement not regulated by the Act.	IMPORTANT – READ THIS CAREFULLY TO FIND OUT ABOUT YOUR RIGHTS
		That part of this agreement which deals with [ ... ... ... ...;.]* is a regulated agreement under the Consumer Credit Act 1974. As a result certain requirements for your protection should have been complied with when it was made. If they were not, the creditor cannot enforce this agreement without a court order.
		The Act also gives you a number of rights. [^F51 You can settle the regulated agreement at any time by giving notice [in writing] and paying off the amount you owe under this agreement [which may be reduced by a rebate]* [Examples indicating the amount you have to pay appear in the agreement.]****
		[You can settle this agreement in part at any time by giving notice and paying off some of the amount you owe.]*****
		If you would like to know more about your rights under the Act, contact either your local Trading Standards Department or your nearest Citizens’ Advice Bureau.
		Notes:
		*Creditor to insert description of regulated agreement example “the cash advance facility”.
		** Creditor to insert phrase in square brackets where agreement is secured on land.
		***Creditor to insert phrase in square brackets in any agreement where rebate would be payable on early settlement under the agreement or the Consumer Credit (Early Settlement) Regulations 2004.
		**** Creditor to insert phrase in second pair of square brackets in any agreement for fixed-sum credit for a term of more than one month that is an agreement secured on land.
		***** Creditor to delete where agreement is secured on land.^F51]
16	All types not included in paragraphs 13,14 and 15.	IMPORTANT – READ THIS CAREFULLY TO FIND OUT ABOUT YOUR RIGHTS
		The Consumer Credit Act 1974 lays down certain requirements for your protection which should have been complied with when this agreement was made. If they were not, the creditor cannot enforce this agreement without getting a court order.
		The Act also gives you a number of rights. [^F52 You can settle this agreement at any time by giving notice [in writing]* and paying off the amount you owe under the agreement [which may be reduced by a rebate]. [Examples indicating the amount you have to pay appear in the agreement.]*
		[You can settle this agreement in part at any time by giving notice and paying off some of the amount you owe.]****
		If you would like to know more about your rights under the Act, contact either your local Trading Standards Department or your nearest Citizens’ Advice Bureau.
		Notes:
		*Creditor to insert phrase in square brackets where agreement is secured on land.
		** Creditor to insert phrase in square brackets in any agreement where rebate would be payable on early settlement under the agreement or the Consumer Credit (Early Settlement) Regulations 2004.
		*** Creditor to insert phrase in second pair of square brackets in any agreement for fixed-sum credit for a term of more than one month that is an agreement secured on land.
		**** Creditor to delete where agreement is secured on land.^F52]
17	Credit-token agreements which make debtors liable for loss to the creditor resulting from the misuse of credit-tokens by other persons.	THEFT, LOSS OR MISUSE OF CREDIT-TOKEN*
		If your credit-token* is lost, stolen or misused by someone without your permission, you may have to pay up to £x of any loss to the creditor. If it is misused with your permission you will probably be liable for ALL losses. You will not be liable to the creditor for losses which take place after you have told the creditor about the theft, etc [as long as you confirm this in writing within seven days]. [However, the credit-token can also be used under an agreement to which this protection does not apply. As a result, there may be circumstances under which you may have to pay for all the losses to the creditor.] ****
		Notes:
		*Creditor may insert specific designation or trade name of credit-token for example, credit card instead of “credit-token”.
		^F53 . . .
		***Creditor to omit phrase in square brackets if written confirmation is not required under the credit-token agreement.
		****Creditor to omit passage in square brackets if inapplicable.

PART II Notice to be contained in Documents Embodying a Combined Consumer Credit Agreement and Pawn-Receipt

FORM NO	TYPE OF AGREEMENT	FORM OF STATEMENT
(1)	(2)	(3)
18	Agreements, to which section 114 of the Act applies, under which a person takes any article in pawn and where any document embodying the agreement is not separate from the pawn-receipt.	NOTICE TO THE DEBTOR IMPORTANT – YOU SHOULD READ THIS CAREFULLY
		Right to Redeem Articles
		If you hand in this agreement (which is also your pawn-receipt) and pay the amount you owe, you may redeem the article(s) in pawn at any time within 6 months of the date of this agreement or any longer time agreed with the creditor (“the redemption period”).
		IF YOU DO NOT REDEEM THE ARTICLE(S) ON OR BEFORE * YOU MAY LOSE YOUR RIGHT TO REDEEM IT (THEM).
		Loss of Receipt
		If you lose your receipt you may provide either a statutory declaration or, if the credit (or credit limit) is not more than £x** and the creditor agrees, a signed statement instead. The creditor may provide the form to be used and may charge for doing so.
		Unredeemed Articles
		An article not redeemed within the redemption period becomes the creditor’s property if the credit (or credit limit) is not more than [^F54 £x*^F54] and the redemption period is 6 months. In any other case it may be sold by the creditor, but it continues to be redeemable until it is sold. Interest is payable until the actual date of redemption. Where the credit (or credit limit) is more than £x** the creditor must give you 14 days notice of his intention to sell. When an article has been sold you will receive information about the sale. If the proceeds (less expenses) are more that the amount that would have been payable to redeem the article on the date of the sale you will be entitled to receive the extra amount. If the proceeds are less than the amount you will owe the creditor the shortfall.
		Your goods will not be insured by the creditor while they are in pawn. *****
		Notes:
		*Creditor to insert the date at the end of the redemption period.
		**Creditor to insert the amount specified in section 118(1)(b) of the Act.
		***Creditor to insert the amount specified in section 120(1)(a) of the Act.
		**** Creditor to insert the amount specified in the Consumer Credit (Realisation of Pawn) Regulations 1983
		***** Creditor to omit this paragraph if inapplicable.^F47]

Regulation 3(1)

SCHEDULE 3 INFORMATION TO BE CONTAINED IN DOCUMENTS EMBODYING REGULATED CONSUMER HIRE AGREEMENTS OTHER THAN MODIFYING AGREEMENTS _I9

TYPE OF AGREEMENT	INFORMATION
(1)	(2)
[^F55 Nature of agreement
1. All types.	(1) A heading in the following form of words—“Hire Agreement regulated by the Consumer Credit Act 1974 ”. (2) Where the agreement to hire is being secured on land the words “secured on” and the address of the land shall be inserted at the end of the heading. ^F55]
Parties to agreement
2. All types.	(1) The name [^F56, postal address and, where appropriate, any other address^F56] of the owner.
	(2) The name [^F56, postal address and, where appropriate, any other address^F56] of the hirer.
FINANCIAL AND RELATED PARTICULARS
Description of goods
3. All types.	A list or other description of the goods to be bailed or hired under the agreement.
Advance payments
4. All types in relation to which any advance payment is to be made by the hirer (whether under the agreement or as a condition precedent to the making of the agreement) before he is to take possession of the goods to be bailed or hired under the agreement or, as the case may be, before he enters into the agreement.	The amount of the advance payments to be made by the hirer and, in the case of a cancellable agreement, the nature of such payments.
Hire payments
5. All types.	(1) The amount of each hire payment, other than an advance payment to be shown under paragraph 4 above.
	(2) The timing of such payments to be made under the agreement expressed by reference to one or more of the following—
	(a) the dates on which each payment is to be made;
	(b) the frequency and number of the payments and the date of the first payment or a statement indicating the manner in which that date will be determined;
	(c) a statement indicating the manner in which the dates of the payments will be determined.
Other payments
6. All types including provisions for payments other than advance payments and hire payments.	(1) The amount (or a statement indicating the manner in which the amount will be determined) of each of the following descriptions of payments (not being an advance payment to be shown under paragraph 4 above or a hire payment to be shown under paragraph 5) to be made under the agreement by, or on behalf of, the hirer, or a relative of his, to the owner, that is to say,—
	(a) any payment under arrangements for the installation, care, maintenance or protection of any goods;
	(b) any premium under a contract of insurance; or
	(c) any payment payable on termination of the agreement (other than a payment on default to be shown under paragraph 10 below).
	(2) The timing of such payments expressed by reference to one or more of the following—
	(a) the dates on which each payment is to be made;
	(b) the frequency and number of the payments and the date of the first payment or a statement indicating the manner in which that date will be determined;
	(c) a statement indicating the manner in which the dates of the payments will be determined.
	(3) References in this paragraph to the owner include references to his near relative, his partner and a member of a group of which he is a member, to any person nominated by him or by any such person in relation to the arrangements, the contract of insurance or the termination of the agreement, and to a near relative of his partner; and “near relative” means, in relation to any person, the husband, wife, father, mother, brother, sister, son or daughter of that person and “group” means the person (including a company) having control of a company together with all the companies directly or indirectly controlled by him.
Variable payments
7. All types including provisions for variation of hire or other payments, where the amount of any such payment following any variation cannot be ascertained at the time of the making of the agreement.	(1) Subject to sub-paragraph (2) below, a statement indicating the circumstances in which any hire payment to be shown under paragraph 5 above or any other payment to be shown under paragraph 6 may be varied under the agreement and, where that information is ascertainable at the time at which the document referred to in section 61(1) of the Act is presented or sent to the hirer for signature, the time at which any such variation may occur.
	(2) Sub-paragraph (1) above does not apply to a variation under the agreement which takes account only of a change in value added tax.
	(3) References in sub-paragraph (2) above to a change in value added tax include references to a change to or from no tax being charged.
Duration of hire
8. All types including a provision that goods are to be bailed or hired for a fixed period or a minimum period.	A statement indicating that goods are to be bailed or hired under the agreement for a fixed period or a minimum period, as the case may be, and the duration of that period.
OTHER INFORMATION
Security provided by the hirer
9. All types in relation to which any security is to be provided by the hirer to secure the carrying out of the obligations of the hirer under the agreement.	A description of the security to be provided by the hirer in relation to the agreement sufficient to identify it and a description of the subject matter to which it relates.
[^F57 Charges
10. All types.	(1) A list of any charges payable under the agreement to the owner upon failure by the hirer or a relative of his to do or refrain from doing anything which he is required to do or refrain from doing, as the case may be.
	(2) A statement indicating any term of the agreement which provides for charges not required to be shown under (1) above.^F57]
[^F58 Cancellation rights
11. Agreements that are not cancellable agreements.	A statement that the agreement is not cancellable.^F58]

Regulation 3(3)

[^F59SCHEDULE 4 Forms of Statement of Protection and Remedies Available under the Consumer Credit Act 1974 to Hirers Under Regulated Consumer Hire Agreements

FORM	TYPE OF AGREEMENT	FORM OF STATEMENT
(1)	(2)	(3)
1	Agreement to which section 58(1) of the Act applies.	YOUR RIGHTS
		Under the Consumer Credit Act 1974, you should have been given a copy of this agreement at least seven days ago so you could consider whether to go ahead. If the owner did not give you a copy this agreement can only be enforced with a court order.
2	All types.	MISSING PAYMENTS
		Missing payments could have severe consequences and may make obtaining credit more difficult.
3	All agreements which are secured on property.	YOUR HOME MAY BE REPOSSESSED
		Your home may be repossessed if you do not keep up repayments on a hire agreement secured by a mortgage or other security on your home.
4	All cancellable agreements not included in paragraph 5.	YOUR RIGHT TO CANCEL
		Once you have signed this agreement you have a short time in which you can cancel it. Details of how to cancel it will be sent to you by the owner.
5	Modifying agreements treated under section 82(5) of the Act as cancellable agreements.	YOUR RIGHT TO CANCEL
		This agreement modifies an earlier agreement. Once you have signed it, your right to cancel the earlier agreement will cover this modified agreement. The cancellation period itself is unchanged. Details of how you can cancel can be found in the copy of this agreement.
6	Agreements to which the hirer is entitled to terminate by notice under section 101(1) of the Act and which provides for the bailment or hiring of goods for at least 18 months after the making of the agreement.	IMPORTANT – READ THIS CAREFULLY TO FIND OUT ABOUT YOUR RIGHTS
		The Consumer Credit Act 1974 lays down certain requirements for your protection which should have been complied with when this agreement was made. If they were not, the owner cannot enforce this agreement without getting a court order.
		The Act also gives you a number of rights. You can end this agreement by writing to the person you make your payments to and giving at least * notice. In order to do this the agreement must have been allowed to run for at least 18 months [from the date of the original agreement]** though this may include the period of notice. You will have to make all payments and pay any amounts you owe until the date the agreement comes to an end.
		If you would like to know more about your rights under the Act, contact either your local Trading Standards Department or your nearest Citizens' Advice Bureau.
		Notes:
		*Owner to insert minimum period of notice as determined by section 101.
		**Owner to omit passage in square brackets except where this notice appears in a modifying agreement.
7	Agreements not included in paragraph 6.	IMPORTANT –READ THIS CAREFULLY TO FIND OUT ABOUT YOUR RIGHTS
		The Consumer Credit Act 1974 covers this agreement and lays down certain requirements for your protection which should have been complied with when this agreement was made. If they were not, the owner cannot enforce this agreement against you without getting a court order.
		If you would like to know more about your rights under the Act, contact either your local Trading Standards Department or your nearest Citizens' Advice Bureau.^F59]

SCHEDULE 5 FORMS OF SIGNATURE BOX

Regulation 2(7)

PART I REGULATED CONSUMER CREDIT AGREEMENTS _I10

Regulation 3(6)

PART II REGULATED CONSUMER HIRE AGREEMENTS _I11

[^F60PART III Agreements Under Which a Separate Form of Consent is Required

1	TYPE OF AGREEMENT	FORM OF CONSENT
(1)	(2)	(3)
	Agreements under which a separate form of consent is required.	I wish to purchase [ ... ... ... ...] * / **
		I understand that I am purchasing the product(s) ticked above on credit provided by you and that the terms relating to the credit for the products can be found [ ... ... ... ...]*** in this agreement.
		Your signature(s):
		Notes:
		* Creditor to list the products being offered to the debtor for purchase.
		** Debtor to indicate which products they wish to purchase by putting a tick next to the name(s) of the product(s).
		*** Creditor to insert the cross-references to the terms of the agreement containing the terms relating to the credit for the products being purchased.^F60]

Regulation 6(1)

SCHEDULE 6 PRESCRIBED TERMS FOR THE PURPOSES OF SECTIONS 61(1)(a) AND 127(3) OF THE CONSUMER CREDIT ACT 1974 _I12

TYPE OF AGREEMENT	PRESCRIBED TERMS
(1)	(2)
Amount of credit
1. Restricted-use debtor-creditor-supplier agreements for fixed-sum credit—	A term stating the amount of the credit, which may be expressed as the total cash price of the goods, services, land or other things, the acquisition of which is to be financed by credit under the agreement.
(a) to finance a transaction comprising the acquisition of goods, services, land or other things specified in the agreement or identified and agreed on at the time the agreement is made;
(b) under which the total amount payable by the debtor is not greater than the total cash price; and
(c) under which there is no advance payment.
2. Agreements for fixed-sum credit not falling within paragraph 1.	A term stating the amount of the credit.
Credit limit
3. Agreements for running-account credit.	A term stating the credit limit or the manner in which it will be determined or that there is no credit limit.
Rate of interest
4. Agreements for—	A term stating the rate of any interest on the credit to be provided under the agreement.
(a) running-account credit; and
(b) fixed-sum credit falling within the exceptions in paragraph 9(a) to (c) of Schedule 1 to these Regulations.
Repayments
5. Consumer credit agreements.	A term stating how the debtor is to discharge his obligations under the agreement to make the repayments, which may be expressed by reference to a combination of any of the following—
	(a) number of repayments;
	(b) amount of repayments;
	(c) frequency and timing of repayments;
	(d) dates of repayments;
	(e) the manner in which any of the above may be determined;
	or in any other way, and any power of the creditor to vary what is payable.
6. Consumer hire agreements.	A term stating how the hirer is to discharge his obligations under the agreement to pay the hire payments, which may be expressed by reference to a combination of any of the following—
	(a) number of payments;
	(b) amount of payments;
	(c) frequency and timing of payments;
	(d) dates of payments;
	(e) the manner in which any of the above may be determined;
	or in any other way, and any power of the owner to vary what is payable.

Regulation 1(2)

SCHEDULE 7 PROVISIONS RELATING TO DISCLOSURE OF THE APR

[^F61Assumptions about running-account credit

1. In the case of an agreement for running-account credit, the following assumptions shall have effect for the purpose of calculating the APR in place of the assumptions in ^F62... the [^F34 total charge for credit rules^F34] that might otherwise apply—

(1) in any case where there will be a credit limit but that limit is not known at the date of making the agreement the amount of the credit to be provided shall be taken to be £1,500 or, in a case where the credit limit will be less than £1,500, an amount equal to that limit;

(2) it shall be assumed that the credit is provided for a period of one year beginning with the relevant date;

(3) it shall be assumed that the credit is provided in full on the relevant date;

(4) where the rate of interest will change at a time provided in the agreement within a period of three years beginning with the date of the making of the agreement, the rate shall be taken to be the highest rate at any time obtaining under the agreement in that period;

(5) where the agreement provides credit to finance the purchase of goods, services, land or other things and also provides one or more of—

(a)cash loans;

(b)credit to refinance existing indebtedness of the debtor's, whether to the creditor or another person; and

(c)credit for any other purpose,

and either or both different rates of interest and different charges are payable in relation to the credit provided for all or some of these purposes, it shall be assumed that the rate of interest and charges payable in relation to the whole of the credit are those applicable to the provision of credit for the purchase of goods, services, land or other things;

(6) it shall be assumed that the credit is repaid—

(a)in twelve equal instalments, and

(b)at monthly intervals, beginning one month after the relevant date.^F61]

[^F61Permissible tolerances in disclosure of the APR

1A. For the purposes of these Regulations, it shall be sufficient compliance with the requirement to show the APR if there is included in the document—

(1) a rate which exceed the APR by not more than one; or

(2) a rate which falls short of the APR by not more than 0.1; or

(3) in a case to which either of paragraphs 2 or 3 below applies, a rate determined in accordance with the paragraph or such of them as apply to that case.^F61]

Tolerance where repayments are nearly equal_I13

^F632. In the case of an agreement under which all repayments but one are equal and that one repayment does not differ from any other repayment by more whole pence than there are repayments, there may be included in the document a rate found under ... the [^F34total charge for credit rules^F34] as if that one repayment were equal to the other repayments.

Tolerance where interval between relevant date and first repayment is greater than interval between repayments_I14

3. In the case of an agreement under which:—

(a)three or more repayments are to be made at equal intervals; and

(b)the interval between the relevant date and the first repayment is greater than the interval between the repayments,

^F64there may be included in the document a rate found under ...the [^F34total charge for credit rules^F34] as if the interval between the relevant date and the first repayment were shortened so as to be equal to the interval between the repayments.

Tolerance where Consumer credit tables do not exactly apply

^F654. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Tolerance where period rate of charge is charged

^F665. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

SCHEDULE 8 REGULATED MODIFYING AGREEMENTS

Regulation 7(2)

PART I INFORMATION TO BE CONTAINED IN DOCUMENTS EMBODYING REGULATED MODIFYING AGREEMENTS VARYING OR SUPPLEMENTING EARLIER CREDIT AGREEMENTS _I15

TYPE OF MODIFYING AGREEMENT	INFORMATION
(1)	(2)
Nature of modifying agreement
[^F67 1. All types	(1) A heading in one of the following forms of words—
	(a) “Agreement modifying a Hire-Purchase Agreement and regulated by the Consumer Credit Act 1974”;
	(b) “Agreement Modifying a Conditional Sale Agreement and regulated by the Consumer Credit Act 1974”;
	(c) “Agreement modifying a Fixed-Sum Loan Agreement and regulated by the Consumer Credit Act 1974”;
	(d) “Agreement modifying a Credit Card Agreement and regulated by the Consumer Credit Act 1974”; or
	(e) “Agreement modifying a Credit Agreement and regulated by the Consumer Credit Act 1974”
	as the case may require.
	(2) Where the document and a pawn-receipt are combined, the words “, and Pawn-Receipt,” shall be inserted in the heading after the word “Agreement” in the second place that it occurs.
	(3) Where the document embodies an agreement of which at least one part is a credit agreement not regulated by the Act, the word “partly” shall be inserted before “regulated” unless the regulated and unregulated parts of the agreement are clearly separate.
	(4) Where the loan is being secured on land the words “secured on” and the address of the land shall be inserted at the end of the heading.^F67]
Parties to modifying agreement
2. All types.	(1) The name [^F68, postal address and, where appropriate, any other address^F68] of the creditor.
	(2) The name [^F68, postal address and, where appropriate, any other address^F68] of the debtor.
FINANCIAL AND RELATED PARTICULARS
Description of goods, services, land etc. and cash price
3. Modifying agreements under which—	(1) A list or other description of the goods, services or other things and, in the case of land, a general description of the land (whether or not varied or supplemented under the modifying agreement) the acquisition of which is to be financed by credit under the modified agreement and the cash price (whether or not so varied or supplemented) in relation to each such list or other description: Provided that, where both the description and the cash price of all the goods, services, land or other things the acquisition of which was to be comprised in a transaction to be financed by the earlier agreement are unchanged, the requirements of this paragraph may be satisfied in relation to such goods, services, land or other things by a statement clearly indicating that the descriptions and cash prices in the earlier agreement are unchanged.
(a) goods, services, land or other things, the acquisition of which was to be comprised in a transaction to be financed by an earlier restricted-use debtor-creditor-supplier agreement for fixed-sum credit and which were specified in the earlier agreement or identified and agreed on at the time the earlier agreement was made, are varied or supplemented; or
(b) the cash price of goods, services, land or other things, the acquisition of which was to be comprised in a transaction to be financed by an earlier restricted-use debtor-creditor-supplier agreement for fixed-sum credit and which were specified in the earlier agreement or identified and agreed on at the time the earlier agreement was made, is varied but the goods, services, land or other things are not varied or supplemented.	(2) The total cash price under the modified agreement.
Advance payments
4. Modifying agreements in relation to which any advance payment is to be made by the debtor additional to any made in relation to an earlier agreement (whether under the modifying agreement or as a condition precedent to the making of that agreement) before he is provided with additional credit under that agreement, or, as the case may be, before he enters into that agreement.	The amount of the additional advance payments to be made by the debtor in relation to the modifying agreement, and, where the modifying agreement is a cancellable agreement, the nature of such payments.
Amount of credit
5.Modifying agreements under which any charge included in the total charge for credit in relation to an earlier agreement for fixed-sum credit is varied or supplemented or under which the amount of the credit to be provided under such an earlier agreement is varied or supplemented, except—	(1) The total amount of the credit to be provided under the modified agreement calculated as follows, namely the total amount of the capital outstanding under the earlier agreement on the relevant date calculated in accordance with sub-paragraph (2) below, increased or reduced, as the case may require, by—
	(a) the amount of any additional credit to be provided under the modifying agreement; or
(a) modifying agreements falling within paragraph 3 under which both—	(b) the amount of any reduction of credit to be effected under the modifying agreement.
(i) the total amount payable by the debtor under the modified agreement is not greater than the total cash price under that agreement; and	(2) The total amount of the capital outstanding referred to in sub-paragraph (1) above shall be the difference between—
(ii) there is no advance payment under the modifying agreement;	(a) the total amount of the repayments outstanding under the earlier agreement at the relevant date (whether or not due at that date); and
( [^F69b) modifying agreements where the earlier agreement is an agreement excluded from the scope of the Consumer Credit (Early settlement) Regulations 2004 by regulation 2(2) of these Regulations.^F69]	(b) the total amount of the charges on the credit not yet accrued under the earlier agreement calculated in accordance with sub-paragraph (3) below.
	[^F70 (3) The total amount of the charges on the credit not yet accrued referred to in sub-paragraph (2) above shall be the amount of a notional rebate calculated in accordance with the Consumer Credit (Early Settlement) Regulations 2004 as if early settlement had taken place and as if the settlement date were the relevant date disregarding any deferment of the settlement date under regulation 6 of those Regulations.^F70]
[^F71 6. Modifying agreements both under which the amount of credit to be provided under an earlier agreement for fixed-sum credit is varied or supplemented and where the earlier agreement is an agreement excluded from the scope of the Consumer Credit (Early Settlement) Regulations 2004 by regulation 2(2) of those Regulations.	The total amount of the credit to be provided under the modified agreement calculated as follows, namely the total of—
	(a) the balance of the credit outstanding under the earlier agreement at the relevant date;
	(b) any charges thereon (included in the total charge for credit in relation to the credit to be provided under the earlier agreement) due and unpaid at the relevant date;
	(c) the amount of any additional credit to be provided under the modifying agreement, with a list of its constituent parts.^F71]
Credit limit
7. Modifying agreements under which the provisions relating to any credit limit under an earlier agreement for running-account credit are varied, including a change to or from there being no credit limit.	The varied credit limit under the modified agreement expressed as—
	(a) a sum of money;
	(b) a statement that the credit limit will be determined by the creditor from time to time under that agreement and that notice of it will be given by him to the debtor;
	(c) a sum of money together with a statement that the creditor may vary the credit limit to such sum as he may from time to time determine under that agreement and that notice of it will be given by him to the debtor; or
	(d) in a case not falling within head (a), (b) or (c) above, either a statement indicating the manner in which the credit limit will be determined and that notice of it will be given by the creditor to the debtor or a statement indicating that there is no credit limit.
[^F72 Term of the agreement
7A. Modifying agreements under which the duration of an earlier agreement for running account credit of fixed duration is varied.	The duration of the modified agreement.^F72]
[^F72 7B. Modifying agreements under which the duration of an earlier agreement for fixed-sum credit is varied.	The duration or minimum duration of the modified agreement.^F72]
Total charge for credit, rate of interest, etc.
[^F73 8. Modifying agreements under which any charge included in the total charge for credit in relation to an earlier agreement for fixed-sum credit is varied or supplemented, except modifying agreements—	(1) The total charge for credit in relation to the credit to be provided under the modified agreement, with a list of its constituent parts.
(a) which do not specify either the intervals between repayments under the modified agreement or the amounts of repayments or both the intervals and the amounts;	(2) The varied or supplemented rates of any interest on the credit to be provided under the modified agreement quoted on a per annum basis, or a statement that the rates of interest under the earlier agreement are unchanged.
(b) under which the total amount payable by the debtor under the modified agreement to discharge his indebtedness in respect of the amount of credit provided may vary according to any formula specified in such agreement having effect by reference to movements in the level of any index or to any other factor;	(3) A statement explaining how and when interest charges are calculated and applied under the modified agreement.^F73]
(c) which provide for a variation of, or permit the creditor to vary, (whether or not by reference to any index) the amount or rate of any item included in the total charge for credit in relation to the modified agreement after the relevant date; or
(d) under which the total amount payable by the debtor under the modified agreement is not greater than the total cash price under that agreement.

[^F74 9. Modifying agreements under which—
(a) any charge included in the total charge for credit in relation to an earlier agreement for fixed-sum credit is varied or supplemented and which fall within the exceptions in paragraph 8 (a) to (c); or	(1) The total charge for credit in relation to the credit to be provided under the modified agreement with a list of its constituent parts and in the case of running-account credit, the total charge for credit shall be calculated on the same assumptions as are set out in paragraph 1 of Schedule 7 for the purpose of calculating the APR in place of the assumptions in ^F75 ... the [^F34 total charge for credit rules^F34] that might otherwise apply.
(b) the rate of any other charge included in the total charge for credit in relation to an earlier agreement for running-account credit is varied or supplemented.	(2) The varied or supplemented rates of any interest on the credit to be provided under the modified agreement quoted on a per annum basis, or a statement that the rates of interest under the earlier agreement are unchanged.
	(3) A statement whether the interest rates to be shown under (2) above are fixed or variable.
	(4) A statement explaining how and when interest charges are calculated and applied under the modified agreement.^F74]
Total amount payable
10. Modifying agreements falling within paragraph 8.	The total amount payable under the modified agreement, being the total of any amounts to be shown under paragraphs 4, 5 or 6, and 8 above.
Timing of repayments
11. Modifying agreements under which—	The timing of repayments to be made under the modified agreement expressed by reference to one or more of the following—
(i) the amount of the credit to be provided under an earlier agreement for fixed-sum credit is varied or supplemented;	(a) the dates on which each repayment is to be made;
(ii) the repayment provisions of an earlier agreement for fixed-sum or for running-account credit are varied or supplemented; or	(b) the frequency and number of the repayments and the date of the first repayment or a statement indicating the manner in which that date will be determined;
(iii) any charge included in the total charge for credit in relation to an earlier agreement for fixed-sum or for running-account credit is varied or supplemented.	(c) a statement indicating the manner in which the dates of the repayments will be determined.
Amount of repayments
12. Modifying agreements falling within paragraph 11 but not falling within paragraph 13.	The amount of each repayment to be made under the modified agreement expressed as—
	(a) a sum of money;
	(b) a specified proportion of a specified amount (including the amount outstanding from time to time);
	(c) a combination of heads (a) and (b) above; or
	(d) in a case where the amount of any repayment cannot be expressed in accordance with head (a), (b) or (c) above, a statement indicating the manner in which the amount will be determined.
13. Modifying agreements falling within paragraph 11 where—	The amount of each repayment to be made under the modified agreement (with or without the equivalent repayment after deduction of tax in accordance with section 26 of, and Schedule 7 to, the Finance Act 1982) expressed as—
(i) the credit to be provided under the modified agreement is repayable by two or more instalments; and	(a) a sum of money;
(ii) the interest on such credit is of a type to which section 26 of, and Schedule 7 to, the Finance Act 1982 apply.	(b) a specified proportion of a specified amount (including the amount outstanding from time to time);
	(c) a combination of heads (a) and (b) above; or
	(d) in a case where the amount of any repayment cannot be expressed in accordance with head (a), (b) or (c) above, a statement indicating the manner in which the amount will be determined:
	Provided that, where the amounts to be paid by the debtor after deduction of tax in accordance with section 26 of, and Schedule 7 to, the Finance Act 1982 are the same, the requirements of this paragraph may be satisfied by a statement indicating the lowest and highest amounts of the repayments to be made under the modified agreement before deduction of tax.
[^F76 13A. Modifying agreements under which—	A statement of the order or proportions in which any amount paid by the debtor which is not sufficient to discharge the total debt then due under the agreement will be applied or appropriated by the creditor towards the discharge of the sums due—
(a) an earlier agreement is varied or supplemented so that different interest rates or different charges forming part of the total charge for credit or both are payable in respect of—	(a) in respect of the amounts of credit provided for different purposes, or
(i) credit provided under the agreement for different purposes; or	(b) under each of the different parts of the agreement,
(ii) different parts of the agreement,	as the case may require.^F76]
whether or not the agreement is a multiple agreement; or
(b) an earlier agreement is varied by varying the order or proportions in which any amount paid by the debtor which is not sufficient to discharge the total debt then due under the agreement will be applied or appropriated by the creditor towards the discharge of the sums due—
(i) in respect of the amounts of credit provided for different purposes, or
(ii) under each of the different parts of the agreement,
as the case may require.
APR
14. Modifying agreements under which—	The APR in relation to the modified agreement or a statement indicating that the total amount payable under the modified agreement is not greater than the total cash price of the goods, services, land or other things, the acquisition of which is to be financed by credit under that agreement.
(a) the amount of the credit to be provided under an earlier agreement for fixed-sum credit is varied or supplemented;
(b) the repayment provisions of such an agreement are varied or supplemented; or
(c) any charge included in the total charge for credit in relation to such an agreement is varied or supplemented.
15. Modifying agreements not falling within paragraph 16 under which—	The APR in relation to the modified agreement.
(a) the provisions relating to any credit limit under an earlier agreement for running-account credit are varied, including a change to or from there being no credit limit;
(b) the repayment provisions of such an agreement are varied or supplemented; or
(c) any charge included in the total charge for credit in relation to such an agreement is varied or supplemented.
16. (a) Modifying agreements under which— (a) above are that—	(1) The APR in relation to the modified agreement calculated on the assumptions specified in sub-paragraphs (2) and (3) below.
(i) the provisions relating to the credit limit under an earlier debtor-creditor-supplier agreement for running-account credit which fulfils all the criteria in sub-paragraph (b) below are varied;	(2) The first assumption referred to in sub-paragraph (1) above is the assumption that—
(ii) the repayment provisions of such an agreement are varied or supplemented; or	(a) the debtor is provided with an amount of credit at the date of the making of the modifying agreement which, taken with the amount of the charge for that credit ascertained at that date under the provisions of the modified agreement, is equal to the credit limit under the modified agreement; and
(iii) any charge included in the total charge for credit in relation to such an agreement is varied or supplemented.	(b) the debtor repays the sum of the amounts referred to in head (a) above by payments of the amounts specified in the modified agreement on the occasions specified in that agreement and makes no other payment and obtains no further credit in relation to the account.
(b) The criteria referred to in sub-paragraph
(i) the debtor agrees to pay the creditor an amount specified in the agreement on specified occasions;
(ii) there is a credit limit; and
(iii) charges for credit are either— (aa) a fixed amount in respect of each transaction; or (bb) calculated as a proportion of the price payable under a transaction financed by the credit.	(3) The second assumption referred to in sub-paragraph (1) above is the like assumption as in sub-paragraph (2) above save that the sum of the amounts referred to in head (a) thereof shall be taken to be one third of the credit limit under the modified agreement.
17. Modifying agreements which are required under paragraph 14, 15 or 16 to disclose an APR in relation to the modified agreement and where the APR is based on a total charge for credit which is calculated to take account of relief available under section 19 of the Income and Corporation Taxes Act 1970 and Schedule 4 to the Finance Act 1976 .	A statement indicating that it has been assumed in the calculation of the APR in relation to the modified agreement that relief may be available under section 19 of the Income and Corporation Taxes Act 1970 and Schedule 4 to the Finance Act 1976 in respect of premiums under certain policies of insurance without any deduction under section 21 of the said Act of 1970.
Variable rates or items
18. Modifying agreements which are required under paragraph 14, 15 or 16 to disclose an APR in relation to the modified agreement and under which the rate or amount of any item included in the total charge for credit in relation to the modified agreement will or may be varied (other than a variation in consequence of an event which is certain to occur).	A statement indicating that in calculating the APR in relation to the credit to be provided under the modified agreement no account has been taken of any variation which may occur under that agreement of the rate or amount of any item entering into that calculation.
19. Modifying agreements falling within paragraph 18.	A statement indicating the circumstances in which any variation referred to in paragraph 18 above may occur and, where that information is ascertainable at the time at which the document referred to in section 61(1) of the Act is presented or sent to the debtor for signature, the time at which any such variation may occur.
[^F77 Land-related agreements^F77]
[^F78 19A. Modifying agreements which are required under paragraph 14, 15 or 16 to disclose an APR in relation to the modified agreement and under which the provisions of an earlier agreement are varied or supplemented with the result that the modified agreement is an agreement to which [^F79 paragraph 19A of Schedule 1^F79] applies.	The initial standard variable rate (within the meaning of [^F80 the total charge for credit rules^F80] ) in relation to the modified agreement, together with a statement explaining– (a) what that rate is; and (b) that it has been taken into account in calculating the APR in relation to the modified agreement.^F78]
OTHER INFORMATION
Security provided by the debtor
20. Modifying agreements (to which section 114 of the Act applies) under which an article taken in pawn by any person under an earlier agreement is varied or supplemented and where no separate pawn-receipt is given.	A statement indicating that an article has been taken in pawn under the modified agreement and a description of the article, unless unchanged from that in the earlier agreement, sufficient to identify it.
21. Modifying agreements (except those referred to in paragraph 20) under which—
(a) any provisions for security provided by the debtor in relation to an earlier agreement to secure the carrying out of the obligations of the debtor under the earlier agreement are varied (including a variation to or from there being no security provided by the debtor); or	A description of the new, additional or varied security to be provided by the debtor in relation to the modified agreement and of the subject matter to which it relates, sufficient to identify the new, additional or varied security, or a statement indicating that the debtor is no longer providing any security in relation to that agreement.
(b) new or additional security is to be provided by the debtor.
[^F81 Charges
22. Modifying agreements under which any provision for charges under an earlier agreement are varied, including a variation to or from there being no such charges.	(1) A list of any charges payable under the modified agreement to the creditor upon failure by the debtor or a relative of his to do or refrain from doing anything which he is required to do or refrain from doing, as the case may be, or a statement indicating that no such charges are payable as the case may be.
	(2) A statement indicating any term of the modified agreement which provides for charges
	(a) not required to be shown under (1) above; or
	(b) included in the total charge for credit.^F81]
[^F82 Cancellation rights
23. Modifying agreements that are not treated as cancellable agreements under section 82(5) of the Act.	A statement that the modifying agreement is not cancellable.^F82]
[^F82 Amount payable on early settlement
24. Agreements for fixed-sum credit [^F83 secured on land^F83] for a term of more than one month.	(1) Examples based on the amount of credit to be provided under the agreement or the nominal amount of either £1000 or £100, showing the amount that would be payable if the debtor exercised the right under section 94 of the Act to discharge his indebtedness on the date when—
	(a) a quarter of the term of the agreement elapses;
	(b) half of the term elapses; and
	(c) three quarters of the term elapses,
	or on the first repayment date after each of those dates.
	(2) A statement explaining that, in calculating the amounts shown, no account has been taken of any variation which might occur under the agreement, and that the amounts are accordingly only illustrative.^F82]
[^F84 24A. Modifying agreements falling within regulation 8(1A)(b) or (c)	A statement providing details of the debtor’s right of early repayment under section 94 of the Act including—
	(1) the fact that the debtor has a right to repay early in full or part;
	(2) the procedure for early repayment, and
	(3) where applicable details of the creditor’s right to compensation under [^F85 section 95A^F85] [^F85 sections 95A and 95B^F85] of the Act and the manner in which that compensation shall be determined.^F84]

Regulation 7(9)

PART II INFORMATION TO BE CONTAINED IN DOCUMENTS EMBODYING REGULATED MODIFYING AGREEMENTS VARYING OR SUPPLEMENTING EARLIER HIRE AGREEMENTS _I16

TYPE OF MODIFYING AGREEMENT	INFORMATION
(1)	(2)
Nature of modifying agreement
[^F86 1. All types	(1) A heading in the following form of words—“Agreement modifying a Hire Agreement and regulated by the Consumer Credit Act 1974 ”.
	(2) Where the credit is being secured on land the words “secured on” followed by the address of the land shall be inserted at the end of the heading. ^F86]
Parties to modifying agreement
2. All types.	(1) The name [^F87, postal address and, where appropriate, any other address^F87] of the owner.
	(2) The name [^F87, postal address and, where appropriate, any other address^F87] of the hirer.
FINANCIAL AND RELATED PARTICULARS
Description of goods
3. Modifying agreements under which—
(a) goods to be bailed or hired under an earlier agreement are varied or supplemented; or
(b) any provision of an earlier agreement relating to advance, hire or other payments is varied but the goods to be bailed or hired under the earlier agreement are not varied or supplemented.	A list or other description of the goods to be bailed or hired under the modified agreement (whether or not varied or supplemented under the modifying agreement): Provided that, where the description of all the goods to be bailed or hired under the earlier agreement is unchanged, the requirements of this paragraph may be satisfied in relation to such goods by a statement clearly indicating that the descriptions in the earlier agreement are unchanged.
Advance payments
4. Modifying agreements in relation to which any advance payment is to be made by the hirer additional to any made in relation to an earlier agreement (whether under the modifying agreement or as a condition precedent to the making of that agreement) before he is to take possession of any additional goods to be bailed or hired under that agreement or, as the case may be, before he enters into that agreement.	The amount of the additional advance payments to be made by the hirer in relation to the modifying agreement, and, where the modifying agreement is a cancellable agreement, the nature of such payments.
Hire payments
5. Modifying agreements under which any provisions of an earlier agreement relating to hire payments, other than advance payments, are varied or supplemented.	(1) The amount of each hire payment (other than an advance payment) to be made by the hirer under the modified agreement in relation to any period on or after the date of the modifying agreement.
	(2) The timing of such payments expressed by reference to one or more of the following—
	(a) the dates on which each payment is to be made;
	(b) the frequency and number of the payments and the date of the first payment or a statement indicating the manner in which that date will be determined;
	(c) a statement indicating the manner in which the dates of the payments will be determined.
Other payments
6. Modifying agreements under which any provisions of an earlier agreement relating to payments other than advance payments and hire payments are varied or supplemented, including a change to or from there being no such other payments.	(1) The amount (or a statement indicating the manner in which the amount will be determined) of each of the following descriptions of payments (not being an advance payment or a hire payment) to be made under the modified agreement by, or on behalf of, the hirer, or a relative of his, to the owner in relation to any period on or after the date of the modifying agreement, that is to say,—
	(a) any payment under arrangements for the installation, care, maintenance or protection of any goods;
	(b) any premium under a contract of insurance; or
	(c) any payment payable on termination of the modified agreement (other than a payment on default to be shown under paragraph 10 below).
	(2) The timing of such payments to be made under the modified agreement expressed by reference to one or more of the following—
	(a) the dates on which each payment is to be made;
	(b) the frequency and number of the payments and the date of the first payment or a statement indicating the manner in which that date will be determined; or
	(c) a statement indicating the manner in which the dates of the payments will be determined.
	(3) References in this paragraph to the owner include references to his near relative, his partner and a member of a group of which he is a member, to any person nominated by him or by any such person in relation to the arrangements, the contract of insurance or the termination of the modified agreement, and to a near relative of his partner; and “near relative” means , in relation to any person, the husband, wife, father, mother, brother, sister, son or daughter of that person and “group” means the person (including a company) having control of a company together with all the companies directly or indirectly controlled by him.
Variable payments
7. Modifying agreements including provisions for variation of hire or other payments, where the amount of any such payment following any variation cannot be ascertained at the time of the making of the modifying agreement.	(1) Subject to sub-paragraph (2) below, a statement indicating the circumstances in which any hire payment to be shown under paragraph 5 above or any other payment to be shown under paragraph 6 may be varied under the modified agreement and, where that information is ascertainable at the time at which the document referred to in section 61(1) of the Act is presented or sent to the hirer for signature, the time at which any such variation may occur.
	(2) Sub-paragraph (1) above does not apply to a variation under the modified agreement which takes account only of a change in value added tax.
	(3) References in sub-paragraph (2) above to a change in value added tax include references to a change to or from no tax being charged.
Duration of hire
8. Modifying agreements under which—	A statement indicating that goods are to be bailed or hired under the modified agreement for a fixed period or a minimum period, as the case may be, and the duration of that period.
(a) additional goods are to be bailed or hired for a fixed period or a minimum period; or
(b) any provisions of an earlier agreement that goods are to be bailed or hired for a fixed period or a minimum period are varied, including a variation to or from there being no such fixed or minimum period.
OTHER INFORMATION
Security provided by the hirer
9. Modifying agreements under which—
(a) any provisions for security provided by the hirer in relation to an earlier agreement to secure the carrying out of the obligations of the hirer under the earlier agreement are varied (including a variation to or from there being no security provided by the hirer); or	A description of the new, additional or varied security to be provided by the hirer in relation to the modified agreement and of the subject matter to which it relates, sufficient to identify the new, additional or varied security, or a statement indicating that the hirer is no longer providing any security in relation to that agreement.
(b) new or additional security is to be provided by the hirer.
Charges on default
10. Modifying agreements under which any provisions for charges on default under an earlier agreement are varied, including a variation to or from there being no such charges.	[^F88 A list of all^F88] charges payable under the modified agreement to the owner upon failure by the hirer or a relative of his to do or refrain from doing anything which he is required to do or refrain from doing, as the case may be, or a statement indicating that no such charges are payable under that agreement.
[^F89 Cancellation rights
11. Modifying agreements that are not treated as cancellable agreements under section 82(5) of the Act.	A statement that the modifying agreement is not cancellable.^F89]

EXPLANATORY NOTE

These Regulations prescribe the form and content of documents embodying consumer credit agreements and consumer hire agreements regulated by the Consumer Credit Act 1974 (including modifying agreements) and the manner of signature and legibility of, and the terms to be contained in, the document which must be signed if the agreement is not to be improperly executed.

They also prescribe the form of pawn-receipts, where the pawn-receipt is combined with any document embodying a consumer credit agreement regulated by the Act.

By virtue of section 74 of the Act, these Regulations, apart from Regulation 4, do not apply to:

(a) non-commercial agreements as defined in the Act;
(b) small debtor-creditor-supplier agreements for restricted-use credit;
(c) certain overdraft agreements; and
(d) debtor-creditor agreements to finance the payments prescribed by the Consumer Credit (Payments Arising on Death) Regulations 1983 (S.I. 1983/1554).

The exemptions described in (c) and (d) above apply only where the Director General of Fair Trading so determines. Section 74(4) provides, however, that if any term of an agreement of a type described in (b) or (d) above is expressed in writing, the Regulations under section 60(1) will apply to that term.

The “Consumer credit tables” ( Parts 1 to 15) referred to in Schedule 7 may be obtained from Her Majesty's Stationery Office or through booksellers.

in force	Provision is in force
in force*	In force only for specified purposes (for detail about the purposes see/hover footnote)
not in force	Not in force in England (may be in force in other geographies, see footnotes)
italics	Defined term
_dfn	Defined term (alternative style)
gry bckgrd	the in-force status of the provision is complex, check the footnotes

footnote	commentary	related provisions	geo extent	insert/omit
F1	Words in Regulations substituted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 23(3)			substituted
F2	Words in reg. 1(2) inserted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 3(2) (with reg. 18)	this amendment (text inserted) should be read in conjunction with other related provisions, see the commentary.		inserted
F3	Words in reg. 1(2) revoked (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 375(1)
F4	Words in reg. 1(2) inserted (19.5.1985) by The Consumer Credit (Agreements) (Amendment) Regulations 1984 (S.I. 1984/1600), regs. 1, 2(a)			inserted
F5	Words in reg. 1(2) substituted (1.2.2011) by The Consumer Credit (EU Directive) Regulations 2010 (S.I. 2010/1010), regs. 52(a), 99(1) (with regs. 100-101A) (as amended (26.8.2010) by The Consumer Credit (Amendment) Regulations 2010 (S.I. 2010/1969), regs. 1, 12, 28-30)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F6	Words in reg. 1(2) inserted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 3(3) (with reg. 18)	this amendment (text inserted) should be read in conjunction with other related provisions, see the commentary.		inserted
F7	Words in reg. 1(2) substituted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 23(2)			substituted
F8	Reg. 1(2A) inserted (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 375(2)			inserted
F9	Reg. 2 substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 4 (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F10	Reg. 2(4)(c) substituted (31.5.2005) by S.I. 2004/1482, reg. 4 (as amended by The Consumer Credit (Miscellaneous Amendments) Regulations 2004 (S.I. 2004/2619), regs. 1(2), 2(2))			substituted
F11	Reg. 3(4) substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 5(2) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F12	Words in reg. 3(5) substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 5(3) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F13	Words in reg. 3(6) substituted (31.5.2005) by S.I. 2004/1482, reg. 5(4) (as inserted by The Consumer Credit (Miscellaneous Amendments) Regulations 2004 (S.I. 2004/2619), regs. 1(2), 2(3))			inserted, substituted
F14	Words in reg. 4(b) substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 6 (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F15	Words in reg. 5(4) omitted (31.5.2005) by virtue of The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 7 (with reg. 18)	this amendment (text omitted) should be read in conjunction with other related provisions, see the commentary.		omitted
F16	Reg. 6(2) substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 8 (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F17	Reg. 6(5) inserted (31.12.2004) by The Consumer Credit Act 1974 (Electronic Communications) Order 2004 (S.I. 2004/3236), arts. 1(1), 4(2)(b)			inserted
F18	Reg. 7(3) substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 9(2) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F19	Reg. 7(4) substituted (31.5.2005) by S.I. 2004/1482, reg. 9(3) (as substituted by The Consumer Credit (Miscellaneous Amendments) Regulations 2004 (S.I. 2004/2619), regs. 1(2), 2(4))			substituted
F20	Words in reg. 7(5) substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 9(4) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F21	Reg. 7(6)(b) substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 9(5) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F22	Reg. 7(11) substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 9(6) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F23	Words in reg. 8(1) substituted (1.2.2011) by The Consumer Credit (EU Directive) Regulations 2010 (S.I. 2010/1010), regs. 53(a), 99(1) (with regs. 100-101A) (as amended (26.8.2010) by The Consumer Credit (Amendment) Regulations 2010 (S.I. 2010/1969), regs. 1, 13, 28-30)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F24	Reg. 8(1A)(1B) inserted (1.2.2011) by The Consumer Credit (EU Directive) Regulations 2010 (S.I. 2010/1010), regs. 53(b), 99(1) (with regs. 100-101A) (as amended (26.8.2010) by The Consumer Credit (Amendment) Regulations 2010 (S.I. 2010/1969), regs. 1, 13, 28-30)	this amendment (text inserted) should be read in conjunction with other related provisions, see the commentary.		inserted
F25	Reg. 8(1A)(b) substituted (21.3.2016) by The Mortgage Credit Directive (Amendment) Order 2015 (S.I. 2015/1557), arts. 1(3), 3			substituted
F26	Reg. 8(1B) substituted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 23(4)			substituted
F27	Reg. 8(4) inserted (26.8.2010) by The Consumer Credit (Amendment) Regulations 2010 (S.I. 2010/1969), regs. 1, 2(2)(b)			inserted
F28	Sch. 1 para. 1 substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 10(2) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F29	Words in Sch. 1 para. 2 substituted (31.12.2004) by The Consumer Credit Act 1974 (Electronic Communications) Order 2004 (S.I. 2004/3236), arts. 1(1), 4(3)			substituted
F30	Sch. 1 paras. 8A, 8B inserted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 10(3) (with reg. 18)	this amendment (text inserted) should be read in conjunction with other related provisions, see the commentary.		inserted
F31	Sch. 1 para. 9 substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 10(4) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F32	Sch. 1 para. 10 substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 10(5) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F33	Words in Sch. 1 para. 10 omitted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by virtue of The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 23(5)(a)			omitted
F34	Words in Regulations substituted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 23(3)			substituted
F34	Words in Regulations substituted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 23(3)			substituted
F34	Words in Regulations substituted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 23(3)			substituted
F34	Words in Regulations substituted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 23(3)			substituted
F35	Sch. 1 para. 14A inserted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 10(6) (with reg. 18)	this amendment (text inserted) should be read in conjunction with other related provisions, see the commentary.		inserted
F36	Sch. 1 para. 19A cross-heading inserted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 23(5)(b)			inserted
F37	Words in Sch. 1 para. 19A substituted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 23(5)(c)(i)			substituted
F38	Words in Sch. 1 para. 19A substituted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 23(5)(c)(ii)			substituted
F39	Sch. 1 para. 22 substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 10(7) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F40	Sch. 1 para. 23 substituted (31.5.2005) by S.I. 2004/1482, reg. 10(8) (as amended by The Consumer Credit (Miscellaneous Amendments) Regulations 2004 (S.I. 2004/2619), regs. 1(2), 2(5))			substituted
F41	Sch. 1 para. 23 substituted (28.4.2011) by The Timeshare (Amendment) Regulations 2011 (S.I. 2011/1065), regs. 1(2), 3(1)			substituted
F42	Sch. 1 para. 23A inserted (1.2.2011) by The Consumer Credit (EU Directive) Regulations 2010 (S.I. 2010/1010), regs. 54(a), 99(1) (with regs. 101-101A) (as amended (26.8.2010) by The Consumer Credit (Amendment) Regulations 2010 (S.I. 2010/1969), regs. 1, 28-30)	this amendment (text inserted) should be read in conjunction with other related provisions, see the commentary.		inserted
F43	Sch. 1 paras. 23, 24 inserted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 10(8) (with reg. 18)	this amendment (text inserted) should be read in conjunction with other related provisions, see the commentary.		inserted
F44	Words in Sch. 1 para. 24 inserted (1.2.2011) by The Consumer Credit (EU Directive) Regulations 2010 (S.I. 2010/1010), regs. 54(b), 99(1) (with regs. 101-101A) (as amended (26.8.2010) by The Consumer Credit (Amendment) Regulations 2010 (S.I. 2010/1969), regs. 1, 28-30)	this amendment (text inserted) should be read in conjunction with other related provisions, see the commentary.		inserted
F45	Sch. 1 para. 24A inserted (1.2.2011) by The Consumer Credit (EU Directive) Regulations 2010 (S.I. 2010/1010), regs. 54(c), 99(1) (with regs. 101-101A) (as amended (26.8.2010) by The Consumer Credit (Amendment) Regulations 2010 (S.I. 2010/1969), regs. 1, 28-30)	this amendment (text inserted) should be read in conjunction with other related provisions, see the commentary.		inserted
F46	Words in Sch. 1 para. 24A substituted (E.W.S.) (28.1.2013) by The Consumer Credit (Green Deal) Regulations 2012 (S.I. 2012/2798), reg. 1(b), Sch. para. 1(2)		substituted: England, Wales and Scotland	substituted
F47	Sch. 2 substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 11 (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F48	Words in Sch. 2 Pt. 1 omitted (31.5.2005) by virtue of S.I. 2004/1482, reg. 11 (as amended by The Consumer Credit (Miscellaneous Amendments) Regulations 2004 (S.I. 2004/2619), regs. 1(2), 2(6)(a))			omitted
F49	Words in Sch. 2 Pt. 1 substituted (31.5.2005) by S.I. 2004/1482, reg. 11 (as amended by The Consumer Credit (Miscellaneous Amendments) Regulations 2004 (S.I. 2004/2619), regs. 1(2), 2(7))			substituted
F50	Words in Sch. 2 Pt. 1 Form 14 substituted (1.2.2011) by The Consumer Credit ( EU Directive) Regulations 2010 (S.I. 2010/1010), regs. 55(a), 99(1) (with regs. 100-101A) (as amended (31.1.2011) by The Consumer Credit (Amendment) Regulations 2011 (S.I. 2011/11), regs. 1, 4, 28-30)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F51	Words in Sch. 2 Pt. 1 Form 15 substituted (1.2.2011) by The Consumer Credit ( EU Directive) Regulations 2010 (S.I. 2010/1010), regs. 55(b), 99(1) (with regs. 100-101A) (as amended (31.1.2011) by The Consumer Credit (Amendment) Regulations 2011 (S.I. 2011/11), regs. 1, 4, 28-30)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F52	Words in Sch. 2 Pt. 1 Form 16 substituted (1.2.2011) by The Consumer Credit ( EU Directive) Regulations 2010 (S.I. 2010/1010), regs. 55(c), 99(1) (with regs. 100-101A) (as amended (31.1.2011) by The Consumer Credit (Amendment) Regulations 2011 (S.I. 2011/11), regs. 1, 4, 28-30)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F53	Words in Sch. 2 Pt. 1 omitted (31.5.2005) by virtue of S.I. 2004/1482, reg. 11 (as amended by The Consumer Credit (Miscellaneous Amendments) Regulations 2004 (S.I. 2004/2619), regs. 1(2), 2(6)(b))			omitted
F54	Word in Sch. 2 Pt. 2 substituted (31.5.2005) by S.I. 2004/1482, reg. 11 (as amended by The Consumer Credit (Miscellaneous Amendments) Regulations 2004 (S.I. 2004/2619), regs. 1(2), 2(8))			substituted
F55	Sch. 3 para. 1 substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 12(2) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F56	Words in Sch. 3 para. 2 substituted (31.12.2004) by The Consumer Credit Act 1974 (Electronic Communications) Order 2004 (S.I. 2004/3236), arts. 1(1), 4(5)			substituted
F57	Sch. 3 para. 10 substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 12(3) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F58	Sch. 3 para. 11 inserted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 12(4) (with reg. 18)	this amendment (text inserted) should be read in conjunction with other related provisions, see the commentary.		inserted
F59	Sch. 4 substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 13 (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F60	Sch. 5 Pt. 3 inserted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 14 (with reg. 18)	this amendment (text inserted) should be read in conjunction with other related provisions, see the commentary.		inserted
F61	Sch. 7 paras. 1, 1A substituted for Sch. 7 para. 1 (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 15 (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F61	Sch. 7 paras. 1, 1A substituted for Sch. 7 para. 1 (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 15 (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F62	Words in Sch. 7 para. 1 omitted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by virtue of The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 23(6)(a)			omitted
F63	Words in Sch. 7 para. 2 omitted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by virtue of The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 23(6)(b)			omitted
F64	Words in Sch. 7 para. 3 omitted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by virtue of The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 23(6)(b)			omitted
F65	Sch. 7 para. 4 revoked (14.4.2000) by The Consumer Credit (Total Charge for Credit, Agreements and Advertisements) (Amendment) Regulations 1999 (S.I. 1999/3177), regs. 2, 4(d)
F66	Sch. 7 para. 5 revoked (14.4.2000) by The Consumer Credit (Total Charge for Credit, Agreements and Advertisements) (Amendment) Regulations 1999 (S.I. 1999/3177), regs. 2, 4(d)
F67	Sch. 8 Pt. 1 para. 1 substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 16(2) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F68	Words in Sch. 8 Pt. 1 para. 2 substituted (31.12.2004) by The Consumer Credit Act 1974 (Electronic Communications) Order 2004 (S.I. 2004/3236), arts. 1(1), 4(7)			substituted
F69	Words in Sch. 8 Pt. 1 para. 5 substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 16(3)(a) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F70	Words in Sch. 8 Pt. 1 para. 5 substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 16(3)(b) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F71	Sch. 8 Pt. 1 para. 6 substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 16(4) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F72	Sch. 8 Pt. 1 paras. 7A, 7B inserted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 16(5) (with reg. 18)	this amendment (text inserted) should be read in conjunction with other related provisions, see the commentary.		inserted
F73	Sch. 8 Pt. 1 para. 8 substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 16(6) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F74	Sch. 8 Pt. 1 para. 9 substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 16(7) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F75	Words in Sch. 8 para. 9 omitted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by virtue of The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 23(7)(a)			omitted
F76	Sch. 8 Pt. 1 para. 13A inserted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 16(8) (with reg. 18)	this amendment (text inserted) should be read in conjunction with other related provisions, see the commentary.		inserted
F77	Sch. 8 para. 19A cross-heading inserted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 23(7)(b)			inserted
F78	Sch. 8 Pt. 1 para. 19A added (14.4.2000) by The Consumer Credit (Total Charge for Credit, Agreements and Advertisements) (Amendment) Regulations 1999 (S.I. 1999/3177), regs. 2, 4(e)			added
F79	Words in Sch. 8 para. 19A substituted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 23(7)(c)(i)			substituted
F80	Words in Sch. 8 para. 19A substituted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 23(7)(c)(ii)			substituted
F81	Sch. 8 Pt. 1 para. 22 substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 16(9) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F82	Sch. 8 Pt. 1 paras. 23, 24 inserted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 16(10) (with reg. 18)	this amendment (text inserted) should be read in conjunction with other related provisions, see the commentary.		inserted
F83	Words in Sch. 8 para. 24 inserted (1.2.2011) by The Consumer Credit (EU Directive) Regulations 2010 (S.I. 2010/1010), regs. 99(1), 56(a) (with regs. 100-101A) (as amended (26.8.2010) by The Consumer Credit (Amendment) Regulations 2010 (S.I. 2010/1969), regs. 1, 28-30)	this amendment (text inserted) should be read in conjunction with other related provisions, see the commentary.		inserted
F84	Sch. 8 Pt. 1 para. 24A inserted (1.2.2011) by The Consumer Credit (EU Directive) Regulations 2010 (S.I. 2010/1010), regs. 56(b), 99(1) (with regs. 100-101A) (as amended (26.8.2010) by The Consumer Credit (Amendment) Regulations 2010 (S.I. 2010/1969), regs. 1, 28-30)	this amendment (text inserted) should be read in conjunction with other related provisions, see the commentary.		inserted
F85	Words in Sch. 8 para. 24A substituted (E.W.S.) (28.1.2013) by The Consumer Credit (Green Deal) Regulations 2012 (S.I. 2012/2798), reg. 1(b), Sch. para. 1(3)		substituted: England, Wales and Scotland	substituted
F86	Sch. 8 Pt. 2 para. 1 substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 17(2) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F87	Words in Sch. 8 Pt. 2 para. 2 substituted (31.12.2004) by The Consumer Credit Act 1974 (Electronic Communications) Order 2004 (S.I. 2004/3236), arts. 1(1), 4(8)			substituted
F88	Words in Sch. 8 Pt. 2 para. 10 substituted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 17(3) (with reg. 18)	this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary.		substituted
F89	Sch. 8 Pt. 2 para. 11 inserted (31.5.2005) by The Consumer Credit (Agreements) (Amendment) Regulations 2004 (S.I. 2004/1482), regs. 1, 17(4) (with reg. 18)	this amendment (text inserted) should be read in conjunction with other related provisions, see the commentary.		inserted
I1	Reg. 1 in force at 19.5.1985, see reg. 1(1)
I2	Reg. 3 in force at 19.5.1985, see reg. 1(1)
I3	Reg. 4 in force at 19.5.1985, see reg. 1(1)
I4	Reg. 5 in force at 19.5.1985, see reg. 1(1)
I5	Reg. 6 in force at 19.5.1985, see reg. 1(1)
I6	Reg. 7 in force at 19.5.1985, see reg. 1(1)
I7	Reg. 8 in force at 19.5.1985, see reg. 1(1)
I8	Sch. 1 in force at 19.5.1985, see reg. 1(1)
I9	Sch. 3 in force at 19.5.1985, see reg. 1(1)
I10	Sch. 5 Pt. I in force at 19.5.1985, see reg. 1(1)
I11	Sch. 5 Pt. II in force at 19.5.1985, see reg. 1(1)
I12	Sch. 6 in force at 19.5.1985, see reg. 1(1)
I13	Sch. 7 para. 2 in force at 19.5.1985, see reg. 1(1)
I14	Sch. 7 para. 3 in force at 19.5.1985, see reg. 1(1)
I15	Sch. 8 Pt. I in force at 19.5.1985, see reg. 1(1)
I16	Sch. 8 Pt. II in force at 19.5.1985, see reg. 1(1)

Defined Term	Section/Article	ID
advance payment	reg. 1.	def_ae1bc3153f
Agreement modifying a Hire Agreement and regulated by the Consumer Credit Act 1974	para PART II of SCHEDULE 8	def_e014736792
Agreement modifying a Hire Agreement and regulated by the Consumer Credit Act 1974	reg. 7.	def_365d99166b
annual percentage rate	reg. 7.	def_78f9d2c3fc
annual percentage rate of the total charge for credit	reg. 7.	def_28526b09b9
APR	reg. 7.	def_87ca9735a3
BORROWER	reg. 5.	def_2328899cb0
Borrower(s)	reg. 5.	def_f1d0d16e48
cancellable agreement	reg. 1.	def_91b3d136f1
cash price	reg. 1.	def_d12d641972
contract of shortfall insurance	reg. 1.	def_bfb1d62fd9
CUSTOMER	reg. 5.	def_7a0c712647
Customer(s)	reg. 5.	def_da20cf299f
Debtor(s)	reg. 5.	def_0a9d597356
earlier credit agreement	reg. 1.	def_9199920377
earlier hire agreement	reg. 1.	def_144993eab5
exempted agreements	reg. 2.	def_62d841a6dc
group	para PART II of SCHEDULE 8	def_3770ca95c6
group	para SCHEDULE 3	def_ecbc36f2eb
guarantee of goods	reg. 1.	def_37fadaf80b
Hire Agreement regulated by the Consumer Credit Act 1974	para SCHEDULE 3	def_86de9d954b
hire payment	reg. 1.	def_fcb1363091
Key Information	reg. 2.	def_d91f7be10c
Key Information	reg. 3.	def_f5d88bcd26
Key Information	reg. 7.	def_9649292629
Key Information	reg. 7.	def_9618367cd4
lettering	reg. 1.	def_0002ecb6c4
modified agreement	reg. 1.	def_a06b8a9d1b
near relative	para PART II of SCHEDULE 8	def_ae6eec0fa1
near relative	para SCHEDULE 3	def_82b830405f
the Act	reg. 1.	def_3521de9c16
the APR	reg. 1.	def_f06fcfb5b7
the creditor	reg. 5.	def_dd8c29d6e3
the owner	reg. 5.	def_fbee17a8dd
the principal agreement	reg. 2.	def_f6613379b8
the relevant date	reg. 1.	def_07b2a4ce47
the subsidiary agreement	reg. 2.	def_289d117bea
the total charge for credit rules	reg. 1.	def_69025d04d8
total charge for credit	reg. 1.	def_9709ea36cb
variable	reg. 2.	def_5ad882684e
variable	reg. 7.	def_bd9d341fd8

1983 No. 1553

The Consumer Credit (Agreements) Regulations 1983

Citation, commencement and interpretationI1

[F9Form and content of regulated consumer credit agreements

Form and content of regulated consumer hire agreementsI2

Pawn-receiptsI3

Statutory FormsI4

Signing of agreementI5

Modifying agreements which are, or are treated as, regulated agreementsI6

Application of RegulationsI7

SCHEDULE 1 INFORMATION TO BE CONTAINED IN DOCUMENTS EMBODYING REGULATED CONSUMER CREDIT AGREEMENTS OTHER THAN MODIFYING AGREEMENTS I8

[F47SCHEDULE 2

PART 1 Forms of Statement of Protection and Remedies Available under the Consumer Credit Act 1974 to Debtors under Regulated Consumer Credit Agreements

PART II Notice to be contained in Documents Embodying a Combined Consumer Credit Agreement and Pawn-Receipt

SCHEDULE 3 INFORMATION TO BE CONTAINED IN DOCUMENTS EMBODYING REGULATED CONSUMER HIRE AGREEMENTS OTHER THAN MODIFYING AGREEMENTS I9

[F59SCHEDULE 4 Forms of Statement of Protection and Remedies Available under the Consumer Credit Act 1974 to Hirers Under Regulated Consumer Hire Agreements