Section 129A — Debtor or hirer to give notice of intent etc. to creditor or owner
This version in force from 2014-07-15
Snapshot: 2026-08-24
Reproduced from legislation.gov.uk (Crown Copyright, Open Government Licence v3.0). Amendments made after 2026-08-24 may not be reflected — always check the official text .
(1) [F1 A debtor or hirer may make an application under section 129(1)(ba) in relation to a regulated agreement only if—]
(a) [F1 following his being given the notice under section 86B or 86C, he gave a notice within subsection (2) to the creditor or owner; and]
(b) [F1 a period of at least 14 days has elapsed after the day on which he gave that notice to the creditor or owner.]
(2) [F1 A notice is within this subsection if it—]
(a) [F1 indicates that the debtor or hirer intends to make the application;]
(b) [F1 indicates that he wants to make a proposal to the creditor or owner in relation to his making of payments under the agreement; and]
(c) [F1 gives details of that proposal.]
Amendment notes
- F1 S. 129A inserted (1.10.2008) by Consumer Credit Act 2006 (c. 14), ss. {16(2)}, 71(2); S.I. 2007/3300, art. 3(3), Sch. 3