SCHEDULE 3 Transitional and Commencement Provisions

SCHEDULE 3 Transitional and Commencement Provisions

Section 192(1)

Note. Except as otherwise mentioned in this Schedule, the provisions of this Act come into operation on its passing, that is on 31st July 1974.

Part II of Act
Credit agreements, Hire Agreements and Linked Transactions

Regulated agreements

1

(1)     An agreement made before [1st April 1977] is not a regulated agreement within the meaning of this Act.

(2)     In this Act “prospective regulated agreement†does not include a prospective agreement which, if made as expected, would be made before the day appointed for the purposes of this paragraph.

Linked transactions

2

A transaction may be a linked transaction in relation to a regulated agreement or prospective regulated agreement even though the transaction was entered into before the day appointed for the purposes of paragraph 1.

3

Section 19(3) applies only to transactions entered into on or after [19th May 1985].

Total charge for credit

4

Section 20 applies to consumer credit agreements whenever made.

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5

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6

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7

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Part IV of Act
Seeking Business

Advertisements

8

Part IV does not apply to any advertisement published before [6th October 1980].

Canvassing

9

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