CONC TP 4 Transitional provisions in relation to operating an electronic system in relation to lending
1(1) |
(2) Material to which the transitional provision applies |
(3) |
(4) Transitional provision |
(5) Transitional provision: dates in force |
(6) Handbook provision: coming into force |
4.1 |
Adequate explanations requirements |
R |
CONC 4.3.3 G, CONC 4.3.4 R and CONC 4.3.5 R do not apply until 1 October 2014. |
From 1 April 2014 until the end of 30 September 2014 |
1 April 2014 |
4.2 |
Creditworthiness requirements |
R |
CONC 5.5 does not apply until 1 October 2014. |
From 1 April 2014 until the end of 30 September 2014 |
1 April 2014 |
4.3 |
Arrears notice for fixed sum credit |
R |
CONC 7.17 does not apply until 1 October 2014. |
From 1 April 2014 until the end of 30 September 2014 |
1 April 2014 |
4.4 |
Arrears notice for running account credit |
R |
CONC 7.18 does not apply until 1 October 2014. |
From 1 April 2014 until the end of 30 September 2014 |
1 April 2014 |
4.5 |
Default sums notice |
R |
CONC 7.19 does not apply until 1 October 2014. |
From 1 April 2014 until the end of 30 September 2014 |
1 April 2014 |
4.6 |
Right to withdraw from P2P agreement |
R |
CONC 11.2 does not apply until 1 October 2014. |
From 1 April 2014 until the end of 30 September 2014 |
1 April 2014 |