(1) The creditor or owner under a regulated agreement, within the prescribed period after receiving a request in writing to that effect from the debtor or hirer and payment of a fee of £1, shall give the debtor or hirer a copy of any security instrument executed in relation to the agreement after the making of the agreement.
(2) Subsection (1) does not apply to-
(a) a non-commercial agreement, or
(b) an agreement under which no sum is, or will or may become, payable by the debtor or hirer, or
(c) a request made less than one month after a previous request under subsection (1) relating to the same agreement was complied with.
(3) If the creditor or owner under an agreement fails to comply with subsection (1)-
(a) he is not entitled, while the default continues, to enforce the security (so far as provided in relation to the agreement);
(b) [deleted]