| 释义 |
regulated agreement
Any consumer-credit agreement or consumer-hire agreement under the Consumer Credit Act 1974, other than one specifically exempted by the Act. Exempted agreements include debtor-creditor-supplier agreements secured by a land mortgage, in which the creditor is a local authority or building society who finances the purchase of that land or the provision of dwellings on the land, and debtor-creditor agreement secured by a land mortgage. The Act also enables the Secretary of State to exempt other consumer-credit agreements in which the number of payments to be made by the debtor does not exceed a specified number or the agreement has a connection with a country outside the UK. |