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United Kingdom Statutory Instruments |
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You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Consumer Credit (Loss of Pawn-Receipt) Regulations 1983 No. 1567 URL: http://www.bailii.org/uk/legis/num_reg/1983/uksi_19831567_en.html |
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Statutory Instruments
CONSUMER CREDIT
Made
24th October 1983
Laid before Parliament
3rd November 1983
Coming into Operation
19th May 1985
The Secretary of State, in exercise of the powers conferred on him by sections 118(1) and 189(1) of the Consumer Credit Act 1974 and of all other powers enabling him in that behalf, hereby makes the following Regulations:-
1.-(1) These Regulations may be cited as the Consumer Credit (Loss of Pawn-Receipt) Regulations 1983 and shall come into operation on 19th May 1985.
(2) In these Regulations, "the Act" means
2.-(1) Any statutory declaration tendered to a creditor by virtue of section 118(1)(a) of the Act by a person who is not in possession of the pawn-receipt but who claims to be the owner of the pawn, or to be otherwise entitled or authorised to redeem it, shall be in the Form set out in Schedule 1 to these Regulations, and shall contain the information specified in that Form.
(2) Any statement in writing tendered to a creditor by virtue of section 118(1)(b) of the Act by a person who is not in possession of the pawn-receipt but who claims to be the owner of the pawn, or to be otherwise entitled or authorised to redeem it, shall be in the Form set out in Schedule 2 to these Regulations, and shall contain the information specified in that Form.
Alexander Fletcher
Parliamentary Under-Secretary of State
Department of Trade and Industry
24th October 1983
Regulation 2(1)
Regulation 2(2)
These Regulations prescribe the form and contents of the statutory declaration or statement in writing which may be tendered, in the case of the loss etc. of the pawn-receipt, under section 118(1) of the Consumer Credit Act 1974 on the redemption of any pawned article taken under a consumer credit agreement regulated by the Act. It may be tendered by a person who has lost or is otherwise not in possession of the pawn-receipt, eg because it has been destroyed or stolen, but who claims to be the owner of the article or to be otherwise entitled or authorised to redeem it.
