74 Exclusion of certain agreements from Part V
Consumer Credit Act 1974 (1974 c 39) | Legislation

Exclusion of certain agreements from Part V

74  Exclusion of certain agreements from Part V

[(1)     Except as provided in subsections (1A) to (2), this Part does not apply to—

(a)     a non-commercial agreement,

(b)     a debtor-creditor agreement enabling the debtor to overdraw on a current account,

(c)     a debtor-creditor agreement to finance the making of such payments arising on, or connected with, the death of a person as may be prescribed, or

(d)     a small debtor-creditor-supplier agreement for restricted-use credit.

(1A)     Section 56 (antecedent negotiations) applies to a non-commercial agreement.

(1B)     Where an agreement that falls within subsection (1)(b) is an authorised business overdraft agreement the following provisions apply—

(a)     . . .

(b)     section 56 (antecedent negotiations);

(c)     section 60 (regulations on form and content of agreements);

(d)

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

Transferred malice

Transferred maliceThe principle of transferred maliceIf a person has a malicious intent towards X and, in carrying out that intent, injures Y, he is guilty of an offence. So, if D shoots at A with intent to kill him but kills B by mistake it is murder; the mistake as to the identity of the victim is

LEXISNEXIS

HCPC—Main hearing of the Health and Care Professions Tribunal

HCPC—Main hearing of the Health and Care Professions TribunalCoronavirus (COVID-19): This Practice Note contains guidance on subjects impacted by the government’s response to the coronavirus outbreak. In particular, the Health and Care Professions Council (HCPC) (Coronavirus) (Amendment) Rules Order

LEXISNEXIS

How is the National Employment Savings Trust (NEST) different from a typical occupational pension scheme?

How is the National Employment Savings Trust (NEST) different from a typical occupational pension scheme?In this Practice Note, references to the National Employment Savings Trust (NEST) Order are to the National Employment Savings Trust Order 2010, SI 2010/917 (NEST Order) applicable from 25 May

LEXISNEXIS

Option agreements—the need for a long-stop date

Call options are frequently used by developers to secure a right to buy land if planning permission is obtained. Taking an option provides the developer with time to make and pursue a planning application before having to commit to paying for the land. The developer's initial outlay will be limited