
1 

(1) This Order may be cited as the Consumer Credit Act 1974 (Commencement No. 5) Order 1979.
(2) In this Order, “the Act” means the Consumer Credit Act 1974.
2 

(1) Subject to Article 3 of this Order, the repeals specified in Schedule 5 to the Act which are set out in Parts I and III of the Schedule to this Order shall come into operation on 27th January 1980 (hereinafter referred to as “the appointed day”) in relation to agreements made on or after that day which are not consumer credit agreements.
(2) The repeals specified in Schedule 5 to the Act which are set out in Parts II and IV of the Schedule to this Order shall come into operation on the appointed day and shall have effect subject to the limitations there specified.
3 
Nothing in Article 2(1) shall affect any agreement made with, or any loan made by or security taken by, a moneylender within the meaning of the Acts set out in the Schedule to this Order, before the appointed day.
Sally Oppenheim
Minister of State
Department of Trade
17th December 1979
SCHEDULE
(Article 2)

Chapter Short Title Extent of Repeal Agreements in relation to which repeal not to have effect
  PART I
1927 (17&18 Geo. 5) c.21. Moneylenders Act 1927. Sections 6 to 8.Sections 11 to 14.Section 15(2).Section 16.Schedule 1.
  PART II
 Moneylenders Act 1927. Section 4(2).Section 5(1), (2), (4) and (6).Section 5(5).Section 9. Moneylending transactions made before 27th January 1980.

Chapter Short Title Extent of Repeal Agreements in relation to which repeal not to have effect
  PART III
1933 c. 23 (N.I.). Moneylenders Act (Northern Ireland) 1933. Sections 6 to 8.Sections 12 to 16.Schedule 1.
  PART IV
 Moneylenders Act (Northern Ireland) 1933. Section 4(2).Section 5(1), (2), (4) and (6).Section 5(5).Section 9. Moneylending transactions made before 27th January 1980.