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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 20 December 2012 - onwards
Version 3 of 3

Regulation 18 Linked credit agreements.

(1) Where a consumer has exercised a right of withdrawal from a contract for the supply of goods or services (being a right of withdrawal conferred by a law of the State giving effect to an Act of an institution of the European Union or a Regulation of such an institution concerning a contract for the supply of goods or services), he or she also ceases to be bound by any linked credit agreement.

(2) Where the goods or services covered by a linked credit agreement are not supplied, or are supplied only in part, or are not in conformity with the contract for their supply, the consumer has the right to pursue remedies against the creditor if the consumer has pursued remedies against the supplier but has failed to obtain the satisfaction to which he or she is entitled according to the law or the contract for the supply of the goods or services.