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Statutory Instruments
1984 No. 436 (c.12)
CONSUMER CREDIT
The Consumer Credit Act 1974 (Commencement No. 9) Order 1984
Made
26th March 1984
The Secretary of State, in exercise of the powers conferred on him by section 192(2) of the Consumer Credit Act 1974 and of all other powers enabling him in that behalf, hereby makes the following Order:-
Citation and interpretation
1.-(1) This Order may be cited as the Consumer Credit Act 1974 (Commencement No. 9) Order 1984.
(2) In this Order, "the Act" means
Appointment of day
2. For the purposes of paragraph 40 of Schedule 3 to the Act, the appointed day shall be 19th May 1985.
Amendment of Schedule 3 to the Act
3. Schedule 3 to the Act shall be amended so as to insert express reference to the day appointed by Article 2 above by the substitution in paragraph 40 for the words "the day appointed for the purposes of this paragraph" of the words "19th May 1985".
Alexander Fletcher
Parliamentary Under-Secretary of State
Department of Trade and Industry
26th March 1984
EXPLANATORY NOTE
This Order brings into operation sections 123 to 125 of the Consumer Credit Act 1974 which relate to negotiable instruments, by appointing 19th May 1985 for the purpose of paragraph 40 of Schedule 3 to that Act. All the other provisions of the Act either came into operation on its passing, that is on 31st July 1974, or were the subject of earlier Commencement Orders. The Order completes the establishment of the new procedures for the protection of consumers who enter into consumer credit or hire agreements.