Schedule 8, Part 1 Amendments to primary legislation (paras. 1-4)
Consumer Credit Act 1974
1. In the Consumer Credit Act 1974 [1973 c. 39. Section 78 was amended by section 7 of the Consumer Credit Act 2006 (c. 14) and by S.I. 1998/997 and 2008/1277. Section 84 was amended by S.I. 1998/997, 2000/2334 and 2004/2095.] -
(a) in section 78 (duty to give information to debtor under running-account credit agreement), after subsection (1) insert -
"(1A) Where a request under subsection (1) also amounts to a request under regulation 49 of the Payment Services Regulations 2017 (information during period of contract), subsection (1) applies as if the words "and payment of a fee of £1" were omitted.";
(b) in section 84 (misuse of credit-tokens), in subsection (1) for "£50" substitute "£35".
Financial Services and Markets Act 2000
(1) The 2000 Act [2000 c. 8.] is amended as follows.
(2) In section 1H (further interpretative provisions for sections 1B to 1G) [Section 1H was substituted (with the rest of Part 1A) for Part 1 by section 6 of the Financial Services Act 2012 and amended by S.I. 2013/655, 1881 and 3115.], in subsection (8) -