ABSTRACT
Checklist 4 The following topics should be prepared in advance of tackling the questions: n definitions in the Consumer Credit Act 1974 and, in particular, that of debtor-
creditor-supplier agreements; n s 56 of the Consumer Credit Act; n s 75 of the Consumer Credit Act; n s 75A of the Consumer Credit Act; n Art 15 of the EU Consumer Credit Directive 2008/48/EC (CCD). n rules on modifying agreements s 82 of the Consumer Credit Act 1974 n rules on provision of copies during currency of running account agreements in
s 78 of the Consumer Credit Act 1974
QUESTION 26 (a) Despite the connected lender liability provision of s 75 of the Consumer Credit Act being regarded by the credit industry as a ‘flawed provision’, successive UK governments have refused to amend s 75 and the new EU Consumer Credit Directive 2008/48/EC permits the UK to retain the provision.
