131 Duty of FCA to make rules restricting charges for high-cost short-term credit
Financial Services (Banking Reform) Act 2013 (2013 c 33) | Legislation

Consumers

131  Duty of FCA to make rules restricting charges for high-cost short-term credit

(1)     In section 137C of FSMA 2000 (FCA general rules: cost of credit and duration of credit agreements), after subsection (1) insert—

“(1A)     The FCA must make rules by virtue of subsection (1)(a)(ii) and (b) in relation to

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