LegalizeThe Consumer Credit Act 2006 (Commencement No. 2 and Transitional Provisions and Savings) Order 2007
Made: 23rd January 2007
The Secretary of State makes the following Order in exercise of the powers conferred by sections 69(2) to (5) and 71(2) of the Consumer Credit Act 2006[^f00001].
Citation
1
This Order may be cited as the Consumer Credit Act 2006 (Commencement No.2 and Transitional Provisions and Savings) Order 2007.
Interpretation
2
In this Order “the 2006 Act” means the Consumer Credit Act 2006.
Commencement
3
- (1) The provisions of the 2006 Act specified in Schedule 1 shall come into force on 31st January 2007.
- (2) The provisions of the 2006 Act specified in Schedule 2 shall come into force on 6th April 2007.
Transitional Provisions
4
Subject to article 5, section 1 of the 2006 Act shall have no effect for the purposes of the 1974 Act, in relation to agreements made before 6th April 2007.
5
Section 1 of the 2006 Act shall have effect for the purposes of the definitions of “debtor” and “hirer” in section 189(1) of the 1974 Act wherever those expressions are used in—
- (a) sections 77A, 78(4A), 86A, 86B, 86C, 86D, 86E, 86F, 129(1)(ba) 129A, 130A and 187A of the 1974 Act;
- (b) section 143(b) of the 1974 Act in respect of an application under section 129(1)(ba) of that Act; and
- (c) section 185(2) to (2C) of the 1974 Act insofar as it relates to a dispensing notice from a debtor authorising a creditor not to comply in the debtor’s case with section 77A of that Act,
in relation to agreements made before 6 April 2007.
SCHEDULE 1 — PROVISIONS COMING INTO FORCE ON 31st JANUARY 2007
| Provisions | Subject matter of provisions |
|---|---|
| Section 8 | OFT to prepare information sheets on arrears and default |
| Section 69(1) insofar as it relates to paragraph 5 of Schedule 3 | Transitional provision |
| Paragraph 5 of Schedule 3 | Transitional provision relating to section 8 |
SCHEDULE 2 — PROVISIONS COMING INTO FORCE ON 6TH APRIL 2007
| Provisions | Subject Matter of Provisions |
|---|---|
| Section 1 | Definition of individual |
| Section 5(5), (6), (8) and (9) | Consequential amendments relating to section 1 |
| Section 15 | Repeal of section 127(3) to (5) of the 1974 Act (enforcement orders in cases of infringement) |
| Section 19 | Unfair relationships between creditors and debtors |
| Section 20 | Powers of court in relation to unfair relationships |
| Section 21 | Interpretation of sections 140A (unfair relationships between creditors and debtors) and 140B (powers of court in relation to unfair relationships) of the 1974 Act |
| Section 22 | Further provision relating to unfair relationshipsRepeal of sections 137 to 140 of the 1974 Act (extortionate credit bargains) |
| Section 69(1) insofar as it relates to paragraphs 1(2), 11, 14 to 16 and 29 of Schedule 3 | Transitional provision and savings |
| Section 70 insofar as it relates to provisions in Schedule 4 brought into force on 6th April 2007 by this Order | Repeals |
| Paragraph 1(2) of Schedule 3 | Transitional provisions and savings |
| Paragraph 11 of Schedule 3 | Saving relating to repeal of section 127(3) to (5) of the 1974 Act (enforcement orders relating to improperly executed agreements) |
| Paragraph 14 of Schedule 3 | Transitional provision relating to section 140B of the 1974 Act (powers of court in relation to unfair relationships) |
| Paragraph 15 of Schedule 3 | Saving relating to repeal of sections 137 to 140 of the 1974 Act |
| Paragraph 16 of Schedule 3 | Transitional provision relating to sections 140B and 140C (interpretation of sections 140A and 140B) |
| Paragraph 29 of Schedule 3 | Transitional provision |
| Schedule 4 for the purposes of the entries relating to sections 16(7), 127(1) and (3) to (5), 137 to 140, 143(b), 171(7), 181(1) in respect of the words “139(5) and (7)”, 181(2) in respect of the words “or 139 (5) or (7)” and 185(3) of the 1974 Act , the Bankruptcy (Scotland) Act 1985 (c.66), the Insolvency Act 1986 (c.45) and the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19)) | Repeals |
Signed
Ian McCartney — Minister for Trade, Investment and Foreign Affairs — Department of Trade and Industry — 23rd January 2007
Explanatory note
(This note is not part of the Order)
EXPLANATORY NOTE
This Order brings into force certain provisions of the Consumer Credit Act 2006, which amend the Consumer Credit Act 1974.
The provisions in Schedule 1 come into force on 31st January 2007 and the provisions in Schedule 2 come into force on 6th April 2007.
The remaining provisions of the Consumer Credit Act 2006 will be brought into force by subsequent Orders.
Footnotes
[^f00001]: 2006 c.14.
Editorial notes
[^key-e4b6e0bd8fa0c0c7f49fdcd4478c29e0]: Art. 1 in force at made date
[^key-78e6caa359990ae2e2573522e2ff33e8]: Art. 2 in force at made date
[^key-60621b0a9df4e8861722dbc4f126e6e8]: Art. 3 in force at made date
[^key-acb829b9071ebf4e597ed4c43a2f987a]: Art. 4 in force at made date
[^key-ecfb920264ca77d07df11aac54870548]: Art. 5 in force at made date
[^key-2d5eb3efa2083ffaefc388ea838d8d7b]: Sch. 1 in force at 31.1.2007, see art. 3(1)
[^key-1c2c571fe03b088b23560ca4c20c84b4]: Sch. 2 in force at 6.4.2007, see art. 3(2)
[^key-63aef8fc9270bed82b8e588ca3b47f9e]: Words in Sch. 2 inserted (13.2.2007) by The Consumer Credit Act 2006 (Commencement No. 2 and Transitional Provisions and Savings) (Amendment) Order 2007 (S.I. 2007/387), art. 2(3)(a)
[^key-3906cf4f48445214af547b6667b6967d]: Words in Sch. 2 substituted (13.2.2007) by The Consumer Credit Act 2006 (Commencement No. 2 and Transitional Provisions and Savings) (Amendment) Order 2007 (S.I. 2007/387), art. 2(3)(b)
[^key-cacf24f5b40c81b513000f2b82ca4e64]: Words in Sch. 2 inserted (13.2.2007) by The Consumer Credit Act 2006 (Commencement No. 2 and Transitional Provisions and Savings) (Amendment) Order 2007 (S.I. 2007/387), art. 2(3)(c)
[^key-d30eeaeab5afa40d8705823c9bfd3a3e]: Words in Sch. 2 inserted (13.2.2007) by The Consumer Credit Act 2006 (Commencement No. 2 and Transitional Provisions and Savings) (Amendment) Order 2007 (S.I. 2007/387), art. 2(3)(d)
[^key-01427bff9384bf1dd09d1849942a2ce3]: Words in Sch. 2 inserted (13.2.2007) by The Consumer Credit Act 2006 (Commencement No. 2 and Transitional Provisions and Savings) (Amendment) Order 2007 (S.I. 2007/387), art. 2(3)(e)(i)
[^key-15da3250159bbf387dfb519660fdde92]: Words in Sch. 2 inserted (13.2.2007) by The Consumer Credit Act 2006 (Commencement No. 2 and Transitional Provisions and Savings) (Amendment) Order 2007 (S.I. 2007/387), art. 2(3)(e)(ii)
[^key-56f1c9e436aec2578d1133cb626553b5]: Words in Sch. 2 inserted (13.2.2007) by The Consumer Credit Act 2006 (Commencement No. 2 and Transitional Provisions and Savings) (Amendment) Order 2007 (S.I. 2007/387), art. 2(3)(e)(iii)
[^key-16f25a735982acbda98c5e40849b106f]: Words in art. 1 inserted (13.2.2007) by The Consumer Credit Act 2006 (Commencement No. 2 and Transitional Provisions and Savings) (Amendment) Order 2007 (S.I. 2007/387), art. 2(2)
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