[98A Termination etc of open-end consumer credit agreements]
Consumer Credit Act 1974 (1974 c 39) | Legislation

[98A  Termination etc of open-end consumer credit agreements]

[(1)     The debtor under a regulated open-end consumer credit agreement, other than an excluded agreement, may by notice terminate the agreement, free of charge, at any time, subject to any period of notice not exceeding one month provided for by the agreement.

(2)     Notice under subsection (1) need not be in writing unless the creditor so requires.

(3)     Where a regulated open-end consumer credit agreement, other than an excluded agreement, provides for termination of the agreement by the creditor—

(a)     the

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