
1 
This Order may be cited as the Consumer Credit (Further Increase of Monetary Amounts) Order 1998 and shall come into force on 1st May 1998.
2 
The Consumer Credit (Increase of Monetary Amounts) Order 1983 is hereby revoked.
3 
The provisions set out in Column 1 of the Schedule to this Order (shortly described in Column 2) are hereby amended by substituting for the amounts specified in Column 3 in relation to those provisions the amounts specified in Column 4.
Nigel Griffiths,
Parliamentary Under-Secretary of State for Competition and Consumer Affairs,
Department of Trade and Industry
31st March 1998
SCHEDULE
Article 3


Section of the Act Short Description Present Amount New Amount
(1) (2) (3) (4)
70(6) Upper limit for credit-broker’s fee or commission on cancelled regulated agreement £3 £5
77(1), 78(1) Fee for information to debtor under regulated fixed-sum credit or running-account credit agreement 50p £1
79(1) Fee for information to hirer under regulated consumer hire agreement 50p £1
84(1) Upper limit of debtor’s liability for loss to creditor following misuse of credit-token £50 £50
101(7)(a) Upper limit of annual hire payments for right of termination of regulated consumer hire agreement £900 £1,500
107(1), 108(1), 109(1) Fee for information to surety under regulated fixed-sum credit, running-account credit or consumer hire agreement 50p £1
110(1) Fee for copy of security instrument 50p £1
118(1)(b) Upper limit for use of unsworn statement in place of lost pawn -receipt £25 £75
120(1)(a) Upper limit of pawned property which passes to pawnee on failure to redeem within redemption period of 6 months £25 £75
155(1) Upper limit for credit-broker’s fee or commission for services not leading to an agreement £3 £5
158(1) Fee to credit reference agency for copy of file on individual £1 £2