[189B Green deal plans]

[189B  Green deal plans]

[(1)     A green deal plan is to be treated as a consumer credit agreement for the purposes of this Act if (and only if)—

(a)     the property in relation to the plan is a domestic property at the time when the plan is commenced, or

(b)     if paragraph (a) does not apply, the occupier or owner of the property who makes the arrangement for the plan is an individual.

(2)     In the application of this Act to a green deal consumer credit agreement—

(a)     the creditor is to be treated as being—

(i)     the green deal provider (within the meaning of Chapter 1 of Part 1 of the Energy Act 2011) for the plan, or

(ii)     the person to whom the provider's rights and duties under the plan have passed by assignment or operation of law,

(b)     credit is to be treated as advanced under the agreement of an amount equal to the amount of the improvement costs, and

(c)     the advance of credit is to be treated as made on the completion of the installation of the energy efficiency improvements to the property (but this paragraph is subject to any term of the green

Powered by Lexis+®

Popular documents