Commentary on Sections Part 1: Energy Efficiency Modifying consumer credit legislation Section 25: Exemption from Consumer Credit Act 1974 in relation to credit to business debtors
90.This section amends section 16B of the Consumer Credit Act 1974 to provide that the Act does not regulate consumer credit agreements in the form of green deal plans where the agreement is exclusively for business purposes and the credit does not exceed a sum of £25,000.
91.Subsections (2) to (4) contain the insertions to the Act.