70 Cancellation: recovery of money paid by debtor or hirer
Consumer Credit Act 1974 (1974 c 39) | Legislation

70  Cancellation: recovery of money paid by debtor or hirer

(1)     On the cancellation of a regulated agreement, and of any linked transaction,—

(a)     any sum paid by the debtor or hirer, or his relative, under or in contemplation of the agreement or transaction, including any item in the total charge for credit, shall become repayable, and

(b)     any sum, including any item in the total charge for credit, which but for the cancellation is, or would or might become, payable by the debtor or hirer, or his relative, under the agreement or transaction shall cease to be, or shall not become, so payable, and

(c)     in the case of a debtor-creditor-supplier agreement falling within section 12(b) any sum paid on the debtor's behalf

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