Regulation 40 Transitional provision: the Consumer Credit (Amendment) (EU Exit) Regulations 2018
At the end of the Consumer Credit (Amendment) (EU Exit) Regulations 2018 [S.I. 2018/1038.], insert -
(1) For a period of five months beginning on IP completion day the Consumer Credit (Disclosure of Information) Regulations 2010 [S.I. 2010/1013. Relevant amendments were made by S.I. 2010/1969, 2012/2798, 2013/1881, 2014/208, 2016/530 and 2018/1038.] ("the 2010 Regulations"), as amended by regulation 3 of these Regulations, are subject to the modifications specified in this regulation.
(2) Information is, for the purposes of regulation 8(1), to be treated as being disclosed by means of the form contained in Schedule 1 where the information is disclosed in the form specified in Schedule 1 to the 2010 Regulations with the modifications specified in paragraph (4).
(3) The right conferred by regulation 9(2) is to be construed accordingly.
(4) The modifications referred to in paragraph (2) are that -
(a) the form has at the beginning as a heading "(Standard European Consumer Credit Information)"; and
(b) in table 5, in section (a), in the first column, in the entry commencing "The creditor's representative" for "the United Kingdom" substitute "your Member State of residence".