In Schedule 1 (information to be contained in documents embodying regulated consumer credit agreements other than modifying agreements) -
(za) in paragraph 10, in column 2, for "Part 4" substitute "regulation 6";
(zb) in paragraph 19A, in columns 1 and 2, after "Total Charge for Credit Regulations" insert "1980";
(a) after paragraph 23, insert -
"Right of withdrawal
|
23A Agreements falling within regulation 8(1A)(c) |
A statement providing details of the debtor’s right under section 66A of the Act to withdraw from the consumer credit agreement including - (1) the right to withdraw within 14 days without the debtor having to give any reason; (2) when that period of withdrawal begins and ends; (3) the requirement of the debtor to notify the creditor of his intention to withdraw, in writing or orally; (4) contact details of the person/creditor whom he must notify of this intention to withdraw from the agreement; (5) the requirement to repay the credit without delay and no later |