Citation and interpretation

1.—(1) This Order may be cited as the Consumer Credit Act 1974 (Commencement No. 3) Order 1977.

(2) In this Order, “the Act” means the Consumer Credit Act 1974.

(3) The Interpretation Act 1889 shall apply for the interpretation of this Order as it applies for the interpretation of an Act of Parliament.

Appointment of days

2.—(1) For the purposes of paragraphs 10 and 11 of Schedule 3 to the Act, the appointed day shall be 1st July 1977.

(2) For the purposes of paragraph 15 of that Schedule, the appointed day shall be 1st July 1977 but only in relation to regulated agreements made on or after that day.

(3) For the purposes of paragraph 9 of that Schedule, the appointed day shall be 1st October 1977.

Amendments to Schedule 3 to the Act

3.  Schedule 3 to the Act shall be amended so as to insert express references to the days appointed by article 2 above by the substitution for the words “the day appointed for the purposes of this paragraph” wherever they occur—

(a)in paragraphs 10 and 11 of the words “1st July 1977”;

(b)in paragraph 15 of the words “1st July 1977 but only in relation to regulated agreements made on or after that day”; and

(c)in paragraph 9 of the words “1st October 1977”.

Repeals

4.  The repeals specified in Schedule 5 to the Act which are set out in the Schedule to this Order shall come into operation on the dates specified in that Schedule and shall have effect subject to the limitations there specified.

(Article 4)

SCHEDULEREPEALS SPECIFIED IN SCHEDULE 5 TO THE ACT

PART IUNITED KINGDOM

PART IINORTHERN IRELAND

EXPLANATORY NOTE

This Order brings into operation certain provisions of the Consumer Credit Act 1974 by appointing days for the purposes of Schedule 3 to that Act (which contains transitional and commencement provisions).

The appointed days (see article 2) are as follows:—

Articles 3 and 4 introduce consequential amendments and repeals.