The Consumer Credit Act 1974 (Commencement No. 7) Order 1981
This Order appoints (see Article 2 ) 30th March 1981 as the day on which repeals specified in Schedule 5 to the Consumers Credit Act 1974 of the provisions in section 14 of the Moneylenders Act 1927 and the Moneylenders Act (Northern Ireland) 1933 as to the maximum rate of interest charged on pawnbrokers' loans by moneylenders come into operation in relation to consumer credit agreements made on or after that day. Such loans will remain subject to the provisions of section 137 of the Consumer Credit Act 1974 governing extortionate credit bargains. The Consumer Credit Act 1974 (Commencement No. 5) Order 1979 (S.I. 1979/1685) appointed 27th January 1980 as the day for certain repeals, including repeals of the provisions in question, to come into operation in relation to agreements which are not consumer credit agreements.