Blackstone's Guide to the Consumer Credit Act 2006

Product Data

ISBN:

9780199205264

Author:

Richard Mawrey QC and Toby Riley-Smith

Publisher:

Oxford University Press

Pub Date:

27 July 2006

Format:

Paperback

Extent:

320 pages

Dimensions:

156 x 234 mm

Series:

Blackstone's Guides

Approx Wt:

0.48 kg

HS Code:

490199

1. Introduction
   • The Consumer Credit Act 1974 and its History
   • The Move Towards Change
   • The Consumer Credit Act 2006
2. Scope of the Act
   • General Scope of the Act
   • Definition of 'Individual'
   • Removal of Financial Limits and New Exemptions from Regulation
   • Changes to the Terminology of the Consumer Credit Act 1974
   • Reform of the Licensing System
   • Civil Penalties and Reform of the Appeals Procedures
   • Creation of the Ombudsman Scheme
   • Statements
   • New Provisions for Default and Termination
   • Unfair Relationships
   • Miscellaneous Changes
   • Changes in Consumer Credit Regulations
3. Licencing of Credit Businesses
   • The Existing System of Licensing under the Consumer Credit Act 1974
   • Scope of Businesses Covered by the Consumer Credit Act 2006
   • Consequences of Trading without a Licence
   • Applying for a Licemce: the 'Fitness Test'
   • Variation of Licences
   • 'Indefinite' Licences
   • Powers of the Office of Fair Trading
   • Information
   • Penalties
   • The Consumer Credit Appeals Tribunal
4. Financial Ombudsman
   • Introduction
   • The Financial Ombudsman Service
   • The New Consumer Credit Jurisdiction and Rules
   • Practice and Procedure of a Complaint to the Financial Ombudsman Service
   • Funding of the Ombudsman Scheme
   • Various Consequential Amendments Relating to the Ombudsman Scheme
   • The Implications of the Consumer Credit Scheme
5. Statements
   • Introduction
   • Pre-contractual Information
   • Post-contractual Information
   • Conclusion
6. Agreements
   • Introduction
   • The Structure of Regulation
   • Amended Form and Content of Consumer Credit Agreements
   • Amended Form and Content of Consumer Hire Agreements
   • Amended Form and Content of Modifying Agreements
7. Default and Enforcement
   • The Existing Default and Enforcement Provisions
   • Default Notices
   • 'Default Sums'
   • Notice of Default Sums
   • Interest on Default Sums
   • Notice of Sums in Arrears: Fixed-sum Credit Agreements
   • Notice of Sums in Arrears: Running-account Credit Agreements
   • Failure to Give Notice of Sums in Arrears
   • Information Sheets
   • Enforceability of Regulated Agreements
   • Time Orders
   • Interest Payable on Judgement Debts
8. Early Settlement
   • Former Rules on Early Settlement
   • Entitlement to Rebate
   • Items Included in Calculation
   • Changes to the Basis of Calculation
   • Settlement Date and Deferral
   • Savings
9. Unfair Relationships
   • Introduction
   • The Current Scheme of Extortionate Credit Bargains
   • The New Scheme of Unfair Relationships
   • The Court's Approach in Future
10. Advertisements
    • The Previous Rules and the Need for Change
    • The 2004 Regulations - Scope and General
    • Content of Advertisements - Credit Agreements
    • Content of Advertisements - Hire Agreements
    • Calendar or Seasonal Periods
    • Security
    • The APR
    • What Not to Say
11. Electronic Communications
    • Scope of this Chapter
    • Electronic Signatures
    • Distance Marketing
    • Changes to the Consumer Credit Act 1974
    • Changes to the Regulations
12. Appendix 1: Consumer Credit Act 2006
13. Appendix 2: The Consumer Credit (Advertisements) Regulations 2004
14. Appendix 3: The Consumer Credit (Agreements) (Amendment) Regulations 2004
15. Appendix 4: The Consumer Credit (Disclosure of Information) Regulations 2004
16. Appendix 5: The Consumer Credit (Early Settlement) Regulations 2004
17. Appendix 6: The Consumer Credit Act 1974 (Electronic Communications) Order 2004
18. Appendix 7: The Consumer Credit (Enforcement, Default and Termination Notices) (Amendment) Regulations 2004
19. Appendix 8: The Financial Services (Distance Marketing) Regulations 2004
20. Appendix 9: The Consumer Credit Act 2006 - DTI's Timetable for Implementation (May 2006)