(1) Where an actual or prospective regulated agreement has two or more debtors or hirers (not being a partnership or an unincorporated body of persons)-
(a) anything required by or under this Act to be done to or in relation to the debtor or hirer shall be done to or in relation to each of them; and
(b) anything done under this Act by or on behalf of one of them shall have effect as if done by or on behalf of all of them.
(1A) [deleted]
(2) Notwithstanding subsection (1)(a), where credit is provided under an agreement to two or more debtors jointly, in performing his duties -
(a) in the case of fixed-sum credit, under section 77A, or
(b) in the case of running-account credit, under section 78(4),
the creditor need not give statements to any debtor who has signed and given to him a notice (a "dispensing notice") authorising him not to comply in the debtor's case with section 77A or (as the case may be) 78(4).
(2A) A dispensing notice given by a debtor is operative from when it is given
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