Statutory Instruments
1996 No. 3081

CONSUMER CREDIT
The Consumer Credit (Exempt Agreements) (Amendment) (No. 2) Order 1996

Made
9th December 1996

Laid before Parliament
10th December 1996

Coming into force
6th January 1997

The Secretary of State, after consulting in accordance with section 16(3) of the Consumer Credit Act 1974(1) the persons referred to therein, in exercise of the powers conferred upon him by sections 16(1) and (4) and 182(2) and (4) of that Act, and of all other powers enabling him in that behalf, hereby makes the following Order:

1.  This Order may be cited as the Consumer Credit (Exempt Agreements) (Amendment) (No. 2) Order 1996 and shall come into force on 6th January 1997.

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

(a)in Part I, under “INSURANCE COMPANIES”—

(i)by the insertion, after

“Clerical Medical and General Life Assurance Society”, of “Colonial Life (UK) Limited”,

(ii)by the deletion of

“Colonial Mutual Life (Unit Assurances) Limited”, and

(b)by substituting for Part III the following Part—

“PART IIIBODIES CORPORATE NAMED OR SPECIFICALLY REFERRED TOIN AN ORDER MADE UNDER SECTION 156(4), 444(1) OR 447(2)(a)OF THE HOUSING ACT 1985


Abbey Life Executive Mortgages Limited

Abbey Life Funding Limited

Abbey Life Home Loans Limited

Abbey Life Home Services Limited

Abbey Life Mortgage Finance Limited

Abbey Life Mortgage Loans Limited

Abbey Life Mortgage Securities Limited

Abbey Life Residential Loans Limited

Albion Home Loans Limited

Alliance & Leicester Mortgage Loans Limited

Alliance & Leicester Mortgage Loans (No. 2) Limited

Alliance & Leicester Mortgage Loans (No. 3) Limited

Alliance & Leicester Mortgage Loans (No. 4) Limited

Bradford & Bingley Homeloans Limited

Bradford & Bingley Homeloans Management Limited

Bradford & Bingley Loans Limited

Bradford & Bingley Management Limited

Bradford & Bingley Mortgages Limited

Bradford & Bingley Mortgage Management Limited

Bradford & Bingley Secured Loans Limited

Bradford & Bingley Secured Loans Management Limited

Britannia Mortgage Company Number One Limited

Britannia Mortgage Company Number Two Limited

Chelsea Mortgage Services Limited

CIS Home Loans Limited

CIS Mortgage Finance Limited

CIS Mortgage Maker Limited

CIS Residential Mortgages Limited

CL Mortgages Limited

Darlington Mortgage Services Limited

Derbyshire Home Loans Limited

General Portfolio Finance Limited

Gracechurch Mortgage Finance (No. 2) PLC

Gracechurch Mortgage Finance (No. 3) PLC

Halifax Loans Limited

Halifax Loans (No. 2) Limited

Halifax Loans (No. 3) Limited

Halifax Loans (No. 4) Limited

HMC First Home National PLC

Home Loans Direct Limited

Home Loans Direct Funding PLC

Household Mortgage Corporation PLC

Ipswich Mortgage Services Limited

LBS Mortgages Limited

Leamington Mortgage Corporation Limited

Leeds & Holbeck Mortgage Corporation Limited

Leeds & Holbeck Mortgage Funding Limited

Legal and General Mortgage Services Limited

Lombard Home Loans Limited

London and Manchester (Mortgages) (No. 1) Limited

London and Manchester (Mortgages) (No. 2) Limited

London and Manchester (Mortgages) (No. 3) Limited

London and Manchester (Mortgages) (No. 4) Limited

London and Manchester (Mortgages) (No. 5) Limited

Market Harborough Mortgages Limited

The Mortgage Corporation Limited

The National Home Loans Corporation plc

National Mutual Home Loans plc

National Westminster Home Loans Limited

Newbury Mortgage Services Limited

Northern Rock Mortgage Services Limited

North Yorkshire Mortgages Limited

Norwich and Peterborough (LBS) Limited

Norwich Union Mortgage Finance Limited

Royal London Homebuy Limited

Saffron Walden Mortgage Services Limited

Secured Residential Funding PLC

Stroud and Swindon Mortgage Company Limited

Stroud and Swindon Mortgage Company (No. 2) Limited

Sun Life of Canada Home Loans Limited

Wesleyan Home Loans Limited

West Bromwich Mortgage Company Limited.”


John M. Taylor
Parliamentary Under-Secretary of State for Corporate and Consumer Affairs,
Department of Trade and Industry
9th December 1996

Explanatory Note

(This note is not part of the Order)
This Order provides for further miscellaneous amendments to be made to the Consumer Credit (Exempt Agreements) Order 1989.
It removes the name of one insurance company from the list of insurance companies in Part I of Schedule 1 to the Order and inserts the name of one other in that list. It also adds the names of seven bodies corporate named in Orders made under the Housing Act 1985 to the list of such bodies in Part III of that Schedule by substituting a new Part III.


(1)
1974 c. 39: section 16 was amended by the Employment Protection Act 1975 (c. 71), section 125 and Schedule 18: the Telecommunications Act 1984 (c. 12), section 109 and Schedule 4, paragraph 60: the Building Societies Act 1986 (c. 53), section 120 and Schedules 18 and 19: the Housing and Planning Act 1986 (c. 63), section 22: the Banking Act 1987 (c. 22), section 88: the Housing (Scotland) Act 1987 (c. 26), section 339 and Schedule 23, paragraph 21 and the Housing Act 1988 (c. 50), section 140 and Schedule 17, paragraph 20.

(2)
S.I. 1989/869, amended by S.I. 1989/1841, 1989/2337, 1991/1393, 1991/1949, 1991/2844, 1993/346, 1993/2922, 1994/2420, 1995/1250, 1995/2914 and 1996/1445.