Consumer Credit Act. Pursuant to Article 4(1)(b) of the Consumer Credit (Exempt Agreements) Order 1989/869 (“the Order”) as amended from time to time, this Agreement for Assisted Car Purchase is not subject to the Consumer Credit Act 1974 on the ground that it is a debtor-creditor agreement which is of a type offered to a particular class of individuals and not offered to the public generally, is offered incident to the Officer’s employment with the Council and the interest rate does not exceed the highest base rate of certain banks specified in the Order plus one per cent.
Appears in 2 contracts
Sources: Assisted Car Purchase Agreement, Assisted Car Purchase Agreement