In section 189(1) of the 1974 Act (definitions) -
(a) for the definition of "consumer credit business" substitute -
"'consumer credit business' means any business being carried on by a person so far as it comprises or relates to -
(a) the provision of credit by him, or
(b) otherwise his being a creditor,
under regulated consumer credit agreements;"
(b) for the definition of "consumer hire business" substitute -
"'consumer hire business' means any business being carried on by a person so far as it comprises or relates to -
(a) the bailment or (in Scotland) the hiring of goods by him, or
(b) otherwise his being an owner,
under regulated consumer hire agreements;".