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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 August 2013 - onwards
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78. Amendment of section 149 of Consumer Credit Act 1995.

Section 149 of the Consumer Credit Act 1995 is amended -

(a) in subsection (5) by substituting "3 months" for "4 months",

(b) in subsection (6) by substituting "3 months" for "3 weeks",

(c) by inserting the following after subsection (6):

"(6A) In calculating the periods of 3 months specified in subsections (5) and (6) no account shall be taken of any day on which any information required by the Bank to be provided by the credit institution for the performance of the Bank's functions under this section has not yet been so provided.",

and

(d) by inserting the following after subsection (14):

"(15) A direction given under section 28 of the Central Bank Act 1989 and in force immediately before the coming into operation of section 78(d) of the Central Bank (Supervision and Enforcement) Act 2013 is to be treated as continuing in effect as if given under this section and accordingly is a subsisting direction under this section for the purposes of subsection (10).

(16) The duty imposed by s

Comparing proposed amendment...