The Financial Services and Markets Act 2000 (Regulated Activities) (Green Deal) (Amendment) Order 2014
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Change 1
12 Transitional provision in relation to this Order
(1) This article makes provision in connection with the application of the provisions of the Consumer Credit Act 1974 (the “1974 Act”) to a green deal plan which— (a) is made in the period starting with 1 April 2014 and ending with the day on which this Order is made, and (b) is not a regulated credit agreement for the purposes of Chapter 14A of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 at the time it is made, but (c) becomes on the coming into force of this Order a regulated credit agreement for those purposes in consequence of provision made by this Order (an “interim plan”). (2) Sections 55, 55C, 60, 61, 61A, 62, 63, 64, 65, 66A, 67 to 73, 75A, 80, 94 to 97A, 102, 105 to 107, 129 to 130, 136 and 173 of the 1974 Act do not apply to an interim plan. (3) Sections 76, 86, 87 and 98 of the 1974 Act do not apply in respect of an entitlement of the creditor to take a step or action which arises in connection with an interim plan before this Order comes into force. (4) Sections 77, 77B and 110 of the 1974 Act do not apply to an interim plan in respect of a request which is received by the creditor before this Order comes into force. (5) Section 78A of the 1974 Act does not apply to an interim plan in respect of a change in interest rate which takes effect before this Order comes into force. (6) Section 82(1) to (1E) of the 1974 Act does not apply to a variation to an interim plan which takes effect before this Order comes into force. (7) Sections 86E, 86F and 93 of the 1974 Act do not apply to an interim plan in respect of a sum which first becomes payable before this Order comes into force. (8) Section 130A of the 1974 Act does not apply to an interim plan in respect of a sum that is required to be paid under a judgment given before this Order comes into force.
12 Transitional provision in relation to this Order
(1) This article makes provision in connection with the application of the provisions of the Consumer Credit Act 1974 (the “1974 Act”) to a green deal plan which— (a) is made in the period starting with 1 April 2014 and ending with the day on which this Order is made, and (b) is not a regulated credit agreement for the purposes of Chapter 14A of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 at the time it is made, but (c) becomes on the coming into force of this Order a regulated credit agreement for those purposes in consequence of provision made by this Order (an “interim plan”). (2) Sections 55, 55C, 60, 61, 61A, 62, 63, 64, 65, 66A, 67 to 73, 75A, 80, 94 to 97A, 102, 105 to 107, 129 to 130, 136 and 173 of the 1974 Act do not apply to an interim plan. (3) Sections 76, 86, 87 and 98 of the 1974 Act do not apply in respect of an entitlement of the creditor to take a step or action which arises in connection with an interim plan before this Order comes into force. (4) Sections 77, 77B and 110 of the 1974 Act do not apply to an interim plan in respect of a request which is received by the creditor before this Order comes into force. (5) Section 78A of the 1974 Act does not apply to an interim plan in respect of a change in interest rate which takes effect before this Order comes into force. (6) Section 82(1) to (1E) of the 1974 Act does not apply to a variation to an interim plan which takes effect before this Order comes into force. (7) Sections 86E, 86F and 93 of the 1974 Act do not apply to an interim plan in respect of a sum which first becomes payable before this Order comes into force. (8) Section 130A of the 1974 Act does not apply to an interim plan in respect of a sum that is required to be paid under a judgment given before this Order comes into force.
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