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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 20 December 2012 - onwards
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Regulation 5 Effect on existing agreements.

(1) Subject to paragraphs (2) and (3), Parts 2 to 7 do not apply to a credit agreement that is in operation immediately before the commencement of these Regulations.

(2) Regulations 14, 15, 16, 20 and 21(2) apply to an open-end credit agreement that is in operation immediately before the commencement of these Regulations.

(3) In the case of an open-end credit agreement of the type referred to in Regulation 21(1) that is in operation immediately before the commencement of these Regulations, the creditor concerned shall provide the information referred to in Regulation 9(1)(e) to the consumer concerned on a regular basis, on paper or another durable medium.

Comparing proposed amendment...