1. This Order may be cited as the Consumer Credit (Exempt Agreements) (Amendment) Order 1996 and shall come into force on 3rd July 1996.

2. The Consumer Credit (Exempt Agreements) Order 1989(2) is hereby amended in Schedule 1

(a)in Part III, by the insertion, after

• "Bradford and Bingley Home Loans Management Limited", of "Bradford and Bingley Loans Limited Bradford and Bingley Management Limited";

• after "Bradford and Bingley Mortgage Management Limited" of "Bradford and Bingley Secured Loans Limited Bradford and Bingley Secured Loans Management Limited"; and

• after "Britannia Mortgage Company Number Two Limited", of "Chelsea Mortgage Services Limited"; and

(b)in Part IV, by

(i)the deletion of

• "National City Bank, Indiana"; and

(ii)the addition, after,

• "American Book Distributors Inc" of,

• "NationsBank of Texas, N.A."

Explanatory Note

(This note is not part of the Order)

This Order amends the lists of names in Parts III and IV of Schedule 1 to the Consumer Credit (Exempt Agreements) Order 1989.

It adds the names of five bodies corporate to the list, in Part III, of corporate bodies that have been named or specifically referred to in Orders made under certain sections of the Housing Act 1985. Where the name of a body is included in this list the Consumer Credit Act 1974 does not regulate certain of the agreements under which it advances money.

It deletes the name of one creditor from, and adds the name of another creditor to, the list, in Part IV, of creditors whose agreements are exempt from the provisions of the Act by reason of their connection with a country outside the United Kingdom.