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United Kingdom Statutory Instruments |
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You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Consumer Credit Act 1974 (Commencement No. 5) Order 1979 No. 1685 (C. 42) URL: http://www.bailii.org/uk/legis/num_reg/1979/uksi_19791685_en.html |
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Statutory Instruments
CONSUMER CREDIT
Made
17th December 1979
The Secretary of State, in exercise of powers conferred on him by sections 182(2) and 192(4) of the Consumer Credit Act 1974 and of all other powers enabling him in that behalf, hereby makes the following Order:-
1.-(1) This Order may be cited as the Consumer Credit Act 1974 (Commencement No. 5) Order 1979.
(2) In this Order, "the Act" means
2.-(1)
(2) The repeals specified in Schedule 5 to the Act which are set out in Parts II and IV of the Schedule to this Order shall come into operation on the appointed day and shall have effect subject to the limitations there specified.
3. Nothing in Article 2(1) shall affect any agreement made with, or any loan made by or security taken by, a moneylender within the meaning of the Acts set out in the Schedule to this Order, before the appointed day.
Sally Oppenheim
Minister of State
Department of Trade
17th December 1979
(Article 2)
| Chapter | Short Title | Extent of Repeal | Agreements in relation to which repeal not to have effect |
|---|---|---|---|
| PART I | |||
| 1927 (17&18 Geo. 5) c.21. | Moneylenders Act 1927. | Sections 6 to 8. Sections 11 to 14. Section 15(2). Section 16. Schedule 1. | |
| PART II | |||
| Moneylenders Act 1927. | Section 4(2). Section 5(1), (2), (4) and (6). Section 5(5). Section 9. | Moneylending transactions made before 27th January 1980. |
| Chapter | Short Title | Extent of Repeal | Agreements in relation to which repeal not to have effect |
|---|---|---|---|
| PART III | |||
| 1933 c. 23 (N.I.). | Moneylenders Act (Northern Ireland) 1933. | Sections 6 to 8. Sections 12 to 16. Schedule 1. | |
| PART IV | |||
| Moneylenders Act (Northern Ireland) 1933. | Section 4(2). Section 5(1), (2), (4) and (6). Section 5(5). Section 9. | Moneylending transactions made before 27th January 1980. |
This Order appoints (see Article 2) 27th January 1980 as the day on which certain repeals of provisions relating to moneylenders specified in Schedule 5 to the Consumer Credit Act 1974 come into operation. The repeals in Parts I and III of the Schedule to the Order apply to agreements which are not consumer credit agreements.
Article 3 provides that nothing in Article 2(1) shall affect transactions with moneylenders made before the appointed day.
