Article 1Citation, commencement and interpretation#
This Order may be cited as the Consumer Credit (Exempt Agreements) (Amendment) Order 2006 and shall come into force on 1st June 2006.
Article 2Amendment of the Consumer Credit (Exempt Agreements) Order 1989#
The Consumer Credit (Exempt Agreements) Order 1989 shall be amended as follows.
Article 3Amendment of the Consumer Credit (Exempt Agreements) Order 1989#
In article 4(1)(a) (Exemption of certain consumer credit agreements by reference to the rate of the total charge for credit) for the words “12.7 per cent” substitute “26.9 per cent”.
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