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Version status: Partly in force | Document consolidation status: Updated to reflect all known changes
Version date: 26 July 2013 - onwards
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Schedule 3 Transitional Provision and Savings

Section 69

Interpretation

1

(1) Expressions used in the 1974 Act have the same meaning in this Schedule (apart from paragraphs 14 to 16 and 26) as they have in that Act.

(2) For the purposes of this Schedule an agreement becomes a completed agreement once -

(a) there is no sum payable under the agreement; and

(b) there is no sum which will or may become so payable.

Statements to be provided in relation to regulated agreements

2[deleted]

3 Regulations made under section 78(4A) of the 1974 Act may apply in relation to agreements regardless of when they were made.

4

(1) Section 7(3) of this Act shall have effect in relation to agreements whenever made.

(2) A dispensing notice given under section 185(2) of the 1974 Act which is operative immediately before the commencement of section 7(3) -

(a) shall, on the commencement of section 7(3), be treated as having been given under section 185(2) as substituted by section 7(3); and

(b) shall continue to be operative accordingly.

Default under reg

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