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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 2014 - onwards
Version 3 of 3

Article 7 Amendments to the 1974 Act

(1) The 1974 Act is amended as follows.

(2) In section 49 (prohibition of canvassing debtor-creditor agreements off trade premises) [Amended by the Enterprise Act 2002, Schedule 25, paragraph 6(1) and (22).] for "OFT" in each place substitute "FCA".

(3) In section 60 (form and content of agreements) [Amended by the Enterprise Act 2002, Schedule 25, paragraph 6(1) and (23), and S.I. 2010/1010.] -

(a) in subsection (1) -

(i) for "Secretary of State" in each place substitute "Treasury";

(ii) for "him" in the first place it occurs substitute "them";

(b) in subsection (3), for "OFT" in each place substitute "FCA";

(c) in subsection (4), for "OFT" substitute "FCA".

(4) In section 64(4) (duty to give notice of cancellation rights) [Amended by the Enterprise Act 2002, Schedule 25, paragraph 6(1) and (24).], for "OFT" in each place substitute "FCA".