Explanatory Notes

Energy Act 2011

2011 CHAPTER 16

18 October 2011

Commentary on Sections

Part 1: Energy Efficiency

Chapter 1: Green Deal
Modifying consumer credit legislation
Section 25: Exemption from Consumer Credit Act 1974 in relation to credit to business debtors

90.This section amends section 16B of the Consumer Credit Act 1974 to provide that the Act does not regulate consumer credit agreements in the form of green deal plans where the agreement is exclusively for business purposes and the credit does not exceed a sum of £25,000.

91.Subsections (2) to (4) contain the insertions to the Act.