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How was the Consumer Credit Act 1974, brought into force?

2006-09-16 23:46:47 · 8 answers · asked by G.I noel 3 in Politics & Government Law & Ethics

8 answers

The provisions of the Act came into operation on its passing, that is on 31st July 1974, except as otherwise mentioned in Schedule 3 to the Act. The following provisions of the Act have been brought into force by the Commencement Orders listed below made before the date of this Order for the purposes of Schedule 3 and in certain cases the Orders have amended provisions of Schedule 3. Certain of the amendments to other Acts contained in Schedule 4 and certain of the repeals contained in Schedule 5 have also been brought into force. A list of these latter provisions is available to enquirers at the Department of Trade and Industry, Consumer Affairs Division, at 10-18 Victoria Street, London SW1H 0NN

2006-09-16 23:49:32 · answer #1 · answered by Miaa 1 · 4 0

It was passed by both Houses of Parliament, that is how it was brought into force. The F.S.A. or Financial Services Authority is now its enforcing body.

2006-09-16 23:59:08 · answer #2 · answered by djoldgeezer 7 · 0 0

I'm not sure exactly what it is you're asking. Acts are enforced by law. Breaking a law can result in fines or imprisonment obviously. I think Mia D has answered your question in terms of what the Act was.

2006-09-17 00:03:56 · answer #3 · answered by Headcase 2 · 0 1

Good question, I am not really sure but I know it is not an aribitrary number nor a totally american concept

2006-09-16 23:52:08 · answer #4 · answered by Anonymous · 0 0

I haven't the faintest

2006-09-19 07:11:31 · answer #5 · answered by Anonymous · 0 0

You have certainly challanged me, I don't know.

2006-09-16 23:49:12 · answer #6 · answered by Anonymous · 0 0

what relavance for this question anyway

2006-09-17 00:06:01 · answer #7 · answered by Rammohan 4 · 0 1

Why?

2006-09-16 23:54:34 · answer #8 · answered by Anonymous · 0 1

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