Reset to Today

To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

Content Options:

Add to favourites

View Options:

More Resources:

External link Handbook Publications

You are viewing the version of the document as on 2024-05-01.

Timeline guidance

Alternative versions

  1. Point in time
    2024-05-01

PERG 17.1 Introduction

PERG 17.1

1Q1.1 What is the purpose of the questions and answers in this chapter?

The purpose is to consider the scope of the regulated activities specifically relating to consumer credit debt counselling.

Q1.2 What are the regulated activities specifically relating to consumer credit debt counselling?

The regulated activities that specifically relate to consumer credit debt counselling are both to be found in article 39E of the Regulated Activities Order. They are:

(1) giving advice to a borrower about the liquidation of a debt due under a credit agreement; and

(2) giving advice to a hirer about the liquidation of a debt due under a consumer hire agreement.

Q1.3 What is the scope of this chapter?

This chapter is not a complete discussion of the regulated activities relating to consumer credit. It just concentrates on the things that are specific to debt counselling. In particular, it does not discuss the meaning of borrower, credit agreement, consumer hire agreement or hirer.

Q1.4 Are there transitional arrangements?

Yes, but they are outside the scope of this chapter.