The Consumer Credit (Exempt Agreements) (No. 2) (Amendment) Order 1988
This Order further amends the Consumer Credit (Exempt Agreements) (No.2) Order 1985 (“the principal Order”) insofar as it provides for the exemption of certain consumer credit agreements secured on land where the creditor is a body specified in the Schedule to the principal Order, a building society authorised under the Building Societies Act 1986, or an authorised institution under the Banking Act 1987 or a wholly-owned subsidiary of such an institution. The Order provides for the exemption of debtor-creditor agreements secured by a land mortgage made by such a creditor to finance the alteration, enlarging, repair or improvement of a dwelling, where the agreement is made as a result of services certified as having been provided by certain bodies listed in the Order.