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Version status: Omitted | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 2014 - onwards
  Version 8 of 8    

21. Businesses needing a licence.

Omitted from 1 April 2014

(1) Subject to this section, a licence is required to carry on a consumer credit business or a consumer hire business or an ancillary credit business.

(2) A local authority does not need a licence to carry on a business.

(3) A body corporate empowered by a public general Act naming it to carry on a business does not need a licence to do so.

(4) A relevant energy supplier acting in that capacity does not need a licence to carry on an ancillary credit business so far as it comprises or relates to debt-adjusting, debt-counselling, debt-collecting or debt administration in relation to debts due under a green deal plan associated with the supplier.

(5) A green deal plan is associated with a relevant energy supplier if the payments under the plan are to be made to the supplier.

(6) In this section -

(a) [deleted]

(b) “relevant energy supplier” has the meaning given in regulations made for the purposes of section 2(9) of the Energy Act 2011.

Comparing proposed amendment...