IE
(LRC Revised)
Statutory Text (1 Articles)
Number 24 of 1995
CONSUMER CREDIT ACT 1995
REVISED
Updated to 5 February 2026
Changes to legislation
as of 10 July 2026, this Act is up to date with all changes known to be in force.
This Revised Act is an administrative consolidation of the
Consumer Credit Act 1995
. It is prepared by the Law Reform Commission in accordance with its function under
the
Law Reform Commission Act 1975
(3/1975) to keep the law under review and to undertake revision and consolidation
of statute law.
All Acts up to and including the
Credit Review Act 2026
(1/2026), enacted 3 February 2026, and all statutory instruments up to and including
the
Gambling Regulation Act 2024 (Commencement) Order 2026
(S.I. No. 31 of 2026), made 3 February 2026, were considered in the preparation of
this Revised Act.
Disclaimer: While every care has been taken in the preparation of this Revised Act,
the Law Reform Commission can assume no responsibility for and give no guarantees,
undertakings or warranties concerning the accuracy, completeness or up to date nature
of the information provided and does not accept any liability whatsoever arising from
any errors or omissions. Please notify any errors, omissions and comments by email
to
revisedacts@lawreform.ie.
Number
24
of
1995
CONSUMER CREDIT ACT 1995
REVISED
Updated to 5 February 2026
ARRANGEMENT OF SECTIONS
PART I
Preliminary and General
Section
1.
Short title and
commencement.
2.
Interpretation.
3.
Application.
4.
Functions of
Director.
5.
Powers of Director in respect
of investigations.
6.
Direction of Director in
respect of statements and notices.
7.
Authorised
officers.
8.
Prohibition on unauthorised
disclosure of information.
PART IA
Responsibilities and Powers
of Director of Consumer Affairs
4.
Interpretation: Part
IA.
5.
Functions of
Director.
6.
Director to report and provide
information to Minister.
7.
Powers of Director in respect
of investigations.
8.
Directions of Director in
respect of statements and notices.
8A.
Appointment of authorised
officers for purposes of this Part.
8B.
Powers of authorised officers
under this Part.
8C.
Issue of search
warrants.
8D.
Obstruction of authorised
officer when exercising powers.
8E.
Authorised officers may be
accompanied by other persons when exercising powers.
8F.
Prohibition on unauthorised
disclosure of information.
PART IB
Functions and Powers of
Central Bank of Ireland
8G.
Interpretation: Part
IB.
8H.
Functions of Bank under this
Act.
8I.
Bank to provide information to
Minister.
8J.
Bank to prepare annual report
of its activities under this Act.
8K.
Powers of Bank in respect of
investigations.
8L.
Directions of Bank in respect
of statements and notices.
8M.
Appointment of authorised
officers for purposes of this Part.
8N.
Powers of authorised
officers.
8O.
Issue of search
warrants.
8P.
Obstruction of authorised
officer when exercising powers.
8Q.
Authorised officers may be
accompanied by other persons when exercising powers.
PART IC
Provisions applicable to Director and Bank
9.
APR.
10.
Criteria for calculation of
APR.
11.
Laying of regulations before
Houses of Oireachtas.
12.
Offences.
13.
Penalties.
14.
Prosecution of
offences.
15.
Cost of
prosecution.
16.
Director and Bank to be immune
from certain civil proceedings.
17.
Transitional
provision.
18.
Expenses incurred in
administering this Act.
19.
Repeals.
PART II
Advertising and Offering of Financial Accommodation
20.
Application of
Part
II
.
21.
Credit
advertisements.
22.
Advertising of financial
accommodation related to goods or services.
23.
Advertising of consumer-hire
agreements.
24.
Comparative
advertising.
25.
Advertising of credit as being
without charge.
26.
Advertising of financial
accommodation to comply with this Part.
27.
Obligation on provider of
financial accommodation to ensure advertisements comply with
Part.
28.
Regulations relating to
advertising availability and cost of credit.
PART IIA
Annual Percentage Rate
28A.
Maximum APR: credit
agreements.
28B.
Maximum APR: hire-purchase
agreements.
PART III
Requirements Relating to Credit Agreements and Form and Contents
thereof
29.
Application of
Part
III
.
30.
General requirements relating
to contents of credit agreements.
31.
Contents of credit agreements
for cash loans.
32.
Requirements relating to
credit-sale agreements.
33.
Avoidance of certain
provisions in credit-sale agreements.
34.
Requirements relating to
contents of contracts for services.
35.
Advances on current
account.
36.
Notice of important
information to be included in credit agreements.
37.
Regulations relating to form
and content of credit agreements.
38.
Enforceability.
39.
Obligations on creditors to
comply with
Part III
.
PART IV
Matters Arising During Currency of Agreements
40.
Assignment of creditor's or
owner's rights.
41.
Use of bills of exchange,
etc.
42.
Liability regarding goods and
services.
43.
Duty to supply documents and
information.
44.
Appropriation of
payments.
45.
Restrictions on written
communications.
46.
Visits and telephone
calls.
47.
Excessive rates of charge for
credit.
48.
Power of court to re-open
credit agreement where charge is excessive.
49.
Making demands and threats in
relation to unenforceable agreements.
50.
Cooling-off period.
PART V
Matters Arising on Termination of Agreements or on Default
51.
Application of
Part
V
.
52.
Consumer entitle to discharge
agreement early.
53.
Reduction where amount owed
becomes payable before time fixed by agreement.
54.
Limitation on right of
enforcement.
55.
Unjustified
enrichment.
PART VI
Hire-Purchase Agreements
56.
Application of
Part
VI
.
56A.
Sections 73A
to
73X
: Interpretation.
57.
Requirement to state cash
price.
58.
Contents of hire-purchase
agreements.
59.
Enforceability.
60.
Regulations relating to form
and content of hire-purchase agreements.
61.
Obligation on owners to comply
with
sections 58
and
60
.
62.
Avoidance of certain
provisions in hire-purchase agreements.
63.
Rights of hirer to determine
hire-purchase agreement.
64.
Restriction on right of owner
to recover possession of goods otherwise than by proceedings.
65.
Hire-purchase
price.
66.
Powers of court in actions for
recovery of possession of goods.
67.
Liability for failure to take
reasonable care of goods.
68.
Liability of guarantor where
goods are returned to the owner.
69.
Duty of hirer to give
information as to whereabouts of goods.
70.
Sale by dealer of goods let to
him under a hire-purchase agreement.
71.
Evidence of adverse detention
in actions by owners to recover possession of the goods.
72.
Successive hire-purchase
agreements between the same parties.
73.
Hirer's refusal to surrender
goods not to be conversion in certain cases.
73A.
Goods to be in conformity with
hire purchase agreement at time of delivery.
73B.
Owner to have right to sell
goods etc.
73C.
Subjective requirements for
conformity with hire-purchase agreement.
73D.
Objective requirements for
conformity with hire-purchase agreement.
73E.
Incorrect installation of
goods.
73F.
Implied terms of hire-purchase
agreement.
73G.
Liability of owner.
73H.
Burden of proof.
73I.
Right to remedies under
sections 73J
and
73K
.
73J.
Short-term right to terminate
hire-purchase agreement.
73K.
Repair or replacement of
goods.
73L.
Right to proportionate
reduction in price or final termination of hire‑purchase
agreement.
73M.
Price reduction.
73N.
Obligations of hirer in event
of termination of hire-purchase agreement.
73O.
Obligations of owner where
hire-purchase agreement terminated.
73P.
Time limits and means of
reimbursement by owner.
73Q.
Effect of termination of
hire-purchase agreement on ancillary contract.
73R.
Representations purporting to
restrict rights of hirer: offences.
73S.
Exclusion or limitation of
liability of owner.
73T.
Liability for commercial
guarantee.
73U.
Liability of owner for
another’s commercial guarantee.
73V.
Liability under commercial
guarantee to subsequent hirers.
73W.
Provision and content of
commercial guarantee statement.
73X.
Exclusion or limitation of
rights of hirer under commercial guarantee.
74.
Implied terms as to
title.
(Repealed)
75.
Letting by description.
(Repealed)
76.
Implied undertakings as to
quality or fitness.
(Repealed)
77.
Samples.
(Repealed)
78.
Statements purporting to
restrict rights of hirer.
(Repealed)
79.
Exclusion of implied terms and
conditions.
(Repealed)
80.
Liability of persons
conducting negotiations antecedent to hire-purchase
agreements.
81.
Application of sections 12 and
15 to 19 of Act of 1980 to hire-purchase agreements.
(Repealed)
82.
Application of section 13 of
Act of 1980 to hire-purchase of motor vehicles.
83.
Antecedent negotiations and
representations.
PART VII
Consumer-Hire Agreements
84.
Contents of consumer-hire
agreements.
85.
Enforceability.
86.
Regulations relating to form
and content of consumer-hire agreements.
87.
Obligation on owners to comply
with
sections 84
and
86
.
88.
Application of
sections
73A
to
83
to consumer-hire
agreements.
89.
Right of hirer to determine
consumer-hire agreement.
90.
Hirer to take reasonable care
of goods.
91.
Duty of hirer to give
information as to whereabouts of goods.
PART VIII
Provisions Relating to Moneylending
92.
Application and interpretation
of
Part VIII
.
93.
Moneylender's
licence.
94.
Obligation on moneylender to
display licence.
94A.
Term of loan under high cost
credit agreement.
95.
“Moneylending
agreement” to be stated in agreement.
96.
High cost credit provider's
licence not to be altered or falsified.
97.
Moneylender to issue
authorisation to persons engaging in moneylending on his behalf off
business premises.
98.
Prohibition on engaging in the
provision of high cost credit without licence.
98A.
Maximum interest
rates.
99.
Loan or other credit to be
advanced in full.
100.
Repayment book.
101.
Records to be maintained by
high cost credit provider.
102.
Prohibition on charges for
expenses on loans by moneylenders.
103.
Moneylending agreements which
include a collection charge.
(Repealed)
104.
Presumption.
105.
Powers of entry of Garda
Síochána.
106.
Search warrants.
107.
Prohibition on possession of
documents belonging to another person for moneylending.
108.
Obligation to produce to
member of Garda Síochána moneylender's licence or
authorisation.
109.
Powers of arrest.
110.
Prohibition on collecting
repayments at certain times.
111.
Prohibition on selling goods
while collecting repayments.
112.
Prohibition on increased
charges for credit on default.
113.
Continuity of licences granted
under Moneylenders Act, 1933.
114.
Certain persons not to be
regarded as moneylenders.
114A.
Provision of
information by Bank to Minister.
114B.
Transitional
provisions arising from Consumer Credit (Amendment) Act 2022.
PART IX
Housing Loans Made by Mortgage Lenders
115.
Application of, definitions,
Part IX
.
116.
Mortgage
intermediaries.
116A.
Non-application of
section 116
and deemed application of certain
provisions.
117.
Obligation to display copy of
mortgage intermediaries authorisation.
118.
Mortgage intermediaries
authorisation not to be altered or falsified.
119.
Amendment of mortgage
intermediaries authorisation.
120.
Certain persons not to be
regarded as mortgage intermediaries.
121.
Redemption of housing
loans.
122.
Criteria for calculation of
APR in relation to housing loans.
123.
Valuation reports.
124.
Insurance of mortgaged
property.
125.
Costs of legal investigation
of title.
126.
Mortgage protection
insurance.
127.
Prohibition on linking of
services.
128.
Warning on loss of
home.
129.
Notice of important
information to be included in a housing loan agreement.
130.
Duties of mortgage lender to
supply documents and information.
131.
Disclosure of charges, agency
introduction fees, commissions and expenses.
132.
Disclosure of other
fees.
133.
Endowment loans.
134.
Disclosure of interest rate
and penalties to be applied to arrears on housing loans.
135.
Advertising of housing
loans.
136.
Protection of borrower on a
winding-up.
PART X
Miscellaneous
137.
Regulations relating to
display of information.
138.
Restrictions as to use of
inertia selling provisions in agreements.
139.
Circulars to
minors.
140.
Prohibition on exclusion of
obligations or rights in agreements.
141.
Statements purporting to
exclude or restrict liabilities or rights.
142.
Duty to disclose information
concerning financial standing of consumer.
143.
Correction of incorrect
information.
PART XI
Credit Intermediaries
144.
Credit
intermediaries.
145.
Obligation to display copy of
credit intermediaries authorisation.
146.
Prohibition on alteration or
falsification of credit intermediaries authorisation.
147.
Amendment of credit
intermediaries authorisation.
148.
Nature of “finance
arranged” to be explained to consumer.
PART XII
Obligation on Credit Institutions to Notify Director of all Customer
Charges
149.
Customer charges, etc., by
credit institutions that are subject to regulation by the
Bank.
149A.
Customer
charges, etc. payable by persons authorised to carry on business of a
bureau de change.
150.
Disclosure of information by
Director.
PART XIII
Moneylenders, Credit and Mortgage Intermediaries Registers
151.
Credit intermediaries
register.
151A.
Register of
high cost credit providers and mortgage intermediaries.
151B.
Certified copy
of register to be admissible in evidence.
PART XIV
Amendment of Sale of Goods and Supply of Services Act,
1980
152.
Amendment of Act of
1980.
PART XV
Amendment of Pawnbrokers Act, 1964
153.
Licensing of
pawnbrokers.
154.
Amendment of Pawnbrokers Act,
1964.
155.
Continuity of licences granted
by Revenue Commissioners.
PART XVI
Amendment of Consumer Information Act, 1978
156.
Amendment of section 9 of
Consumer Information Act, 1978.
FIRST SCHEDULE
SECOND SCHEDULE
THIRD SCHEDULE
FOURTH SCHEDULE
FIFTH SCHEDULE
SIXTH SCHEDULE
SEVENTH SCHEDULE
EIGHTH SCHEDULE
Number
24
of
1995
CONSUMER CREDIT ACT 1995
REVISED
Updated to 5 February 2026
AN ACT TO REVISE AND EXTEND THE LAW RELATING TO CONSUMER CREDIT, HIRE-PURCHASE, HIRING
AND MONEYLENDING AND TO ENABLE EFFECT TO BE GIVEN TO COUNCIL DIRECTIVE NO. 87/102/EEC
OF 22 DECEMBER, 1986, AS AMENDED BY COUNCIL DIRECTIVE NO. 90/88/EEC OF 22 FEBRUARY,
1990, AND FOR THOSE PURPOSES TO REPEAL THE HIRE-PURCHASE ACTS, 1946 TO 1980, AND THE
MONEYLENDERS ACTS, 1900 TO 1989, AND TO REPEAL AND AMEND CERTAIN PROVISIONS OF THE
SALE OF GOODS AND SUPPLY OF SERVICES ACT, 1980
, TO PROVIDE THAT THE DIRECTOR OF CONSUMER AFFAIRS SHALL MONITOR ALL CUSTOMER CHARGES
BY CREDIT INSTITUTIONS AND FOR THAT PURPOSE TO REPEAL
SECTION 28
OF THE
CENTRAL BANK ACT, 1989
, TO PROVIDE FOR THE AMENDMENT AND EXTENSION OF THE
PAWNBROKERS ACT, 1964
, TO PROVIDE FOR THE AMENDMENT OF
SECTION 9
OF THE
CONSUMER INFORMATION ACT, 1978
, AND TO PROVIDE FOR CONNECTED MATTERS. [31
st July
, 1995]
BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS
Annotations
Modifications (not altering text)
C1
Functions of National Consumer Agency re-transferred and references construed (31.10.2014)
by
Competition and Consumer Protection Act 2014
(29/2014), s. 39, S.I. No. 366 of 2014. Functions were previously transferred from
Director of Consumer Affairs to National Consumer Agency, see E-note below.
Transfer of functions to Commission
39.
(1) All functions that, immediately before the establishment day, were vested in
the dissolved bodies are transferred to the Commission.
(2) References in any Act of the Oireachtas passed before the establishment day or
in any instrument made before that day under an Act of the Oireachtas to—
(
a
) the National
Consumer Agency, or
...
shall, on and after that
day, be construed as references to the Commission.
(3) A reference in any Act of the Oireachtas passed before the establishment day or
in any instrument made before that day under an Act of the Oireachtas to the chief
executive of the National Consumer Agency shall, on and after that day, be construed
as a reference to the chairperson of the Commission.
C2
Application of Act restricted (1.10.1997) by
Credit Union Act 1997
(15/1997), s. 184(c), S.I. No. 403 of 1997, as substituted (1.08.2013) by
Credit Union and Co-operation with Overseas Regulators Act 2012
(40/2012), s. 34, S.I. No. 280 of 2013.
Certain enactments not to apply to credit unions etc.
[184.
— The following enactments, namely— ...
(
c
) the
Consumer Credit Act 1995
,
shall not apply to a credit union or to a body the members of which are credit unions
and the principal objects of which are the promotion of the credit union movement
and the provision of services to credit unions.
]
Editorial Notes
E1
Offences under Act excluded from application of
Criminal Justice (Forensic Evidence and DNA Database System) Act 2014
(11/2014), s. 11 (20.11.2015) by
Criminal Justice (Forensic Evidence and DNA Database System) Act 2014 (Section 11)
Order 2015
(S.I. No. 527 of 2015), arts. 3, 4 and sch., in effect as per art. 1(2).
E2
Exemption of Act from application of
Electronic Commerce Act 2000
by
Electronic Commerce Act 2000
(27/2000), s. 11 removed (1.08.2013) by
Central Bank (Supervision and Enforcement) Act 2013
(26/2013), s. 89, S.I. No. 287 of 2013.
E3
Competent authorities designated for purpose of Act (30.05.2006) by
European Communities (Cooperation between National Authorities Responsible for the
Enforcement of Consumer Protection Laws) Regulations 2006
(S.I. No. 290 of 2006), reg. 4(1) and sch. ref. no. 3.
E4
Act included in definition of designated enactments for purposes of
Central Bank Act 1942
(22/1942), s. 2(1) and sch. 2 part 1 item 22, as
substituted (1.05.2003) by
Central Bank and Financial Services Authority of
Ireland Act 2003
(12/2003), s. 31, S.I. No. 160 of 2003, and as
subsequently substituted (1.10.2010) by
Central Bank Reform Act 2010
(23/2010), s. 14(1) and sch. 1 part 1 item 82, S.I. No. 469 of 2010.
E5
Previous affecting provision: functions of Director of Consumer Affairs transferred
and references construed (1.05.2007) by
Consumer Protection Act
(19/2007), ss. 2, 37 and sch. 1 part 1, S.I. No. 178 of 2007; repealed (31.10.2014)
by
Competition and Consumer Protection Act 2014
(29/2014), s. 7(2), S.I. No. 366 of 2014.
E6
Previous affecting provision: functions of Central Bank transferred and references
construed by
Central Bank Act
(22/1942), s. 33C(1) and sch. 2, as inserted (1.05.2003) by
Central Bank and Financial Services Authority of Ireland Act 2003
(12/2003), s. 26, S.I. No. 160 of 2003; substituted and deleted (1.10.2010) by
Central Bank Reform Act 2010
(23/2010), s. 14(1) and sch. 1 part 1 item 39, S.I. No. 469 of 2010.
Annotations
Modifications (not altering text)
C1
Functions of National Consumer Agency re-transferred and references construed (31.10.2014)
by
Competition and Consumer Protection Act 2014
(29/2014), s. 39, S.I. No. 366 of 2014. Functions were previously transferred from
Director of Consumer Affairs to National Consumer Agency, see E-note below.
Transfer of functions to Commission
39.
(1) All functions that, immediately before the establishment day, were vested in
the dissolved bodies are transferred to the Commission.
(2) References in any Act of the Oireachtas passed before the establishment day or
in any instrument made before that day under an Act of the Oireachtas to—
(
a
) the National
Consumer Agency, or
...
shall, on and after that
day, be construed as references to the Commission.
(3) A reference in any Act of the Oireachtas passed before the establishment day or
in any instrument made before that day under an Act of the Oireachtas to the chief
executive of the National Consumer Agency shall, on and after that day, be construed
as a reference to the chairperson of the Commission.
C2
Application of Act restricted (1.10.1997) by
Credit Union Act 1997
(15/1997), s. 184(c), S.I. No. 403 of 1997, as substituted (1.08.2013) by
Credit Union and Co-operation with Overseas Regulators Act 2012
(40/2012), s. 34, S.I. No. 280 of 2013.
Certain enactments not to apply to credit unions etc.
[184.
— The following enactments, namely— ...
(
c
) the
Consumer Credit Act 1995
,
shall not apply to a credit union or to a body the members of which are credit unions
and the principal objects of which are the promotion of the credit union movement
and the provision of services to credit unions.
]
Editorial Notes
E1
Offences under Act excluded from application of
Criminal Justice (Forensic Evidence and DNA Database System) Act 2014
(11/2014), s. 11 (20.11.2015) by
Criminal Justice (Forensic Evidence and DNA Database System) Act 2014 (Section 11)
Order 2015
(S.I. No. 527 of 2015), arts. 3, 4 and sch., in effect as per art. 1(2).
E2
Exemption of Act from application of
Electronic Commerce Act 2000
by
Electronic Commerce Act 2000
(27/2000), s. 11 removed (1.08.2013) by
Central Bank (Supervision and Enforcement) Act 2013
(26/2013), s. 89, S.I. No. 287 of 2013.
E3
Competent authorities designated for purpose of Act (30.05.2006) by
European Communities (Cooperation between National Authorities Responsible for the
Enforcement of Consumer Protection Laws) Regulations 2006
(S.I. No. 290 of 2006), reg. 4(1) and sch. ref. no. 3.
E4
Act included in definition of designated enactments for purposes of
Central Bank Act 1942
(22/1942), s. 2(1) and sch. 2 part 1 item 22, as
substituted (1.05.2003) by
Central Bank and Financial Services Authority of
Ireland Act 2003
(12/2003), s. 31, S.I. No. 160 of 2003, and as
subsequently substituted (1.10.2010) by
Central Bank Reform Act 2010
(23/2010), s. 14(1) and sch. 1 part 1 item 82, S.I. No. 469 of 2010.
E5
Previous affecting provision: functions of Director of Consumer Affairs transferred
and references construed (1.05.2007) by
Consumer Protection Act
(19/2007), ss. 2, 37 and sch. 1 part 1, S.I. No. 178 of 2007; repealed (31.10.2014)
by
Competition and Consumer Protection Act 2014
(29/2014), s. 7(2), S.I. No. 366 of 2014.
E6
Previous affecting provision: functions of Central Bank transferred and references
construed by
Central Bank Act
(22/1942), s. 33C(1) and sch. 2, as inserted (1.05.2003) by
Central Bank and Financial Services Authority of Ireland Act 2003
(12/2003), s. 26, S.I. No. 160 of 2003; substituted and deleted (1.10.2010) by
Central Bank Reform Act 2010
(23/2010), s. 14(1) and sch. 1 part 1 item 39, S.I. No. 469 of 2010.
PART I
Preliminary and General
Section
1.
Short title and
commencement.
2.
Interpretation.
3.
Application.
4.
Functions of
Director.
5.
Powers of Director in respect
of investigations.
6.
Direction of Director in
respect of statements and notices.
7.
Authorised
officers.
8.
Prohibition on unauthorised
disclosure of information.
PART IA
Responsibilities and Powers
of Director of Consumer Affairs
4.
Interpretation: Part
IA.
5.
Functions of
Director.
6.
Director to report and provide
information to Minister.
7.
Powers of Director in respect
of investigations.
8.
Directions of Director in
respect of statements and notices.
8A.
Appointment of authorised
officers for purposes of this Part.
8B.
Powers of authorised officers
under this Part.
8C.
Issue of search
warrants.
8D.
Obstruction of authorised
officer when exercising powers.
8E.
Authorised officers may be
accompanied by other persons when exercising powers.
8F.
Prohibition on unauthorised
disclosure of information.
PART IB
Functions and Powers of
Central Bank of Ireland
8G.
Interpretation: Part
IB.
8H.
Functions of Bank under this
Act.
8I.
Bank to provide information to
Minister.
8J.
Bank to prepare annual report
of its activities under this Act.
8K.
Powers of Bank in respect of
investigations.
8L.
Directions of Bank in respect
of statements and notices.
8M.
Appointment of authorised
officers for purposes of this Part.
8N.
Powers of authorised
officers.
8O.
Issue of search
warrants.
8P.
Obstruction of authorised
officer when exercising powers.
8Q.
Authorised officers may be
accompanied by other persons when exercising powers.
PART IC
Provisions applicable to Director and Bank
9.
APR.
10.
Criteria for calculation of
APR.
11.
Laying of regulations before
Houses of Oireachtas.
12.
Offences.
13.
Penalties.
14.
Prosecution of
offences.
15.
Cost of
prosecution.
16.
Director and Bank to be immune
from certain civil proceedings.
17.
Transitional
provision.
18.
Expenses incurred in
administering this Act.
19.
Repeals.
PART II
Advertising and Offering of Financial Accommodation
20.
Application of
Part
II
.
21.
Credit
advertisements.
22.
Advertising of financial
accommodation related to goods or services.
23.
Advertising of consumer-hire
agreements.
24.
Comparative
advertising.
25.
Advertising of credit as being
without charge.
26.
Advertising of financial
accommodation to comply with this Part.
27.
Obligation on provider of
financial accommodation to ensure advertisements comply with
Part.
28.
Regulations relating to
advertising availability and cost of credit.
PART IIA
Annual Percentage Rate
28A.
Maximum APR: credit
agreements.
28B.
Maximum APR: hire-purchase
agreements.
PART III
Requirements Relating to Credit Agreements and Form and Contents
thereof
29.
Application of
Part
III
.
30.
General requirements relating
to contents of credit agreements.
31.
Contents of credit agreements
for cash loans.
32.
Requirements relating to
credit-sale agreements.
33.
Avoidance of certain
provisions in credit-sale agreements.
34.
Requirements relating to
contents of contracts for services.
35.
Advances on current
account.
36.
Notice of important
information to be included in credit agreements.
37.
Regulations relating to form
and content of credit agreements.
38.
Enforceability.
39.
Obligations on creditors to
comply with
Part III
.
PART IV
Matters Arising During Currency of Agreements
40.
Assignment of creditor's or
owner's rights.
41.
Use of bills of exchange,
etc.
42.
Liability regarding goods and
services.
43.
Duty to supply documents and
information.
44.
Appropriation of
payments.
45.
Restrictions on written
communications.
46.
Visits and telephone
calls.
47.
Excessive rates of charge for
credit.
48.
Power of court to re-open
credit agreement where charge is excessive.
49.
Making demands and threats in
relation to unenforceable agreements.
50.
Cooling-off period.
PART V
Matters Arising on Termination of Agreements or on Default
51.
Application of
Part
V
.
52.
Consumer entitle to discharge
agreement early.
53.
Reduction where amount owed
becomes payable before time fixed by agreement.
54.
Limitation on right of
enforcement.
55.
Unjustified
enrichment.
PART VI
Hire-Purchase Agreements
56.
Application of
Part
VI
.
56A.
Sections 73A
to
73X
: Interpretation.
57.
Requirement to state cash
price.
58.
Contents of hire-purchase
agreements.
59.
Enforceability.
60.
Regulations relating to form
and content of hire-purchase agreements.
61.
Obligation on owners to comply
with
sections 58
and
60
.
62.
Avoidance of certain
provisions in hire-purchase agreements.
63.
Rights of hirer to determine
hire-purchase agreement.
64.
Restriction on right of owner
to recover possession of goods otherwise than by proceedings.
65.
Hire-purchase
price.
66.
Powers of court in actions for
recovery of possession of goods.
67.
Liability for failure to take
reasonable care of goods.
68.
Liability of guarantor where
goods are returned to the owner.
69.
Duty of hirer to give
information as to whereabouts of goods.
70.
Sale by dealer of goods let to
him under a hire-purchase agreement.
71.
Evidence of adverse detention
in actions by owners to recover possession of the goods.
72.
Successive hire-purchase
agreements between the same parties.
73.
Hirer's refusal to surrender
goods not to be conversion in certain cases.
73A.
Goods to be in conformity with
hire purchase agreement at time of delivery.
73B.
Owner to have right to sell
goods etc.
73C.
Subjective requirements for
conformity with hire-purchase agreement.
73D.
Objective requirements for
conformity with hire-purchase agreement.
73E.
Incorrect installation of
goods.
73F.
Implied terms of hire-purchase
agreement.
73G.
Liability of owner.
73H.
Burden of proof.
73I.
Right to remedies under
sections 73J
and
73K
.
73J.
Short-term right to terminate
hire-purchase agreement.
73K.
Repair or replacement of
goods.
73L.
Right to proportionate
reduction in price or final termination of hire‑purchase
agreement.
73M.
Price reduction.
73N.
Obligations of hirer in event
of termination of hire-purchase agreement.
73O.
Obligations of owner where
hire-purchase agreement terminated.
73P.
Time limits and means of
reimbursement by owner.
73Q.
Effect of termination of
hire-purchase agreement on ancillary contract.
73R.
Representations purporting to
restrict rights of hirer: offences.
73S.
Exclusion or limitation of
liability of owner.
73T.
Liability for commercial
guarantee.
73U.
Liability of owner for
another’s commercial guarantee.
73V.
Liability under commercial
guarantee to subsequent hirers.
73W.
Provision and content of
commercial guarantee statement.
73X.
Exclusion or limitation of
rights of hirer under commercial guarantee.
74.
Implied terms as to
title.
(Repealed)
75.
Letting by description.
(Repealed)
76.
Implied undertakings as to
quality or fitness.
(Repealed)
77.
Samples.
(Repealed)
78.
Statements purporting to
restrict rights of hirer.
(Repealed)
79.
Exclusion of implied terms and
conditions.
(Repealed)
80.
Liability of persons
conducting negotiations antecedent to hire-purchase
agreements.
81.
Application of sections 12 and
15 to 19 of Act of 1980 to hire-purchase agreements.
(Repealed)
82.
Application of section 13 of
Act of 1980 to hire-purchase of motor vehicles.
83.
Antecedent negotiations and
representations.
PART VII
Consumer-Hire Agreements
84.
Contents of consumer-hire
agreements.
85.
Enforceability.
86.
Regulations relating to form
and content of consumer-hire agreements.
87.
Obligation on owners to comply
with
sections 84
and
86
.
88.
Application of
sections
73A
to
83
to consumer-hire
agreements.
89.
Right of hirer to determine
consumer-hire agreement.
90.
Hirer to take reasonable care
of goods.
91.
Duty of hirer to give
information as to whereabouts of goods.
PART VIII
Provisions Relating to Moneylending
92.
Application and interpretation
of
Part VIII
.
93.
Moneylender's
licence.
94.
Obligation on moneylender to
display licence.
94A.
Term of loan under high cost
credit agreement.
95.
“Moneylending
agreement” to be stated in agreement.
96.
High cost credit provider's
licence not to be altered or falsified.
97.
Moneylender to issue
authorisation to persons engaging in moneylending on his behalf off
business premises.
98.
Prohibition on engaging in the
provision of high cost credit without licence.
98A.
Maximum interest
rates.
99.
Loan or other credit to be
advanced in full.
100.
Repayment book.
101.
Records to be maintained by
high cost credit provider.
102.
Prohibition on charges for
expenses on loans by moneylenders.
103.
Moneylending agreements which
include a collection charge.
(Repealed)
104.
Presumption.
105.
Powers of entry of Garda
Síochána.
106.
Search warrants.
107.
Prohibition on possession of
documents belonging to another person for moneylending.
108.
Obligation to produce to
member of Garda Síochána moneylender's licence or
authorisation.
109.
Powers of arrest.
110.
Prohibition on collecting
repayments at certain times.
111.
Prohibition on selling goods
while collecting repayments.
112.
Prohibition on increased
charges for credit on default.
113.
Continuity of licences granted
under Moneylenders Act, 1933.
114.
Certain persons not to be
regarded as moneylenders.
114A.
Provision of
information by Bank to Minister.
114B.
Transitional
provisions arising from Consumer Credit (Amendment) Act 2022.
PART IX
Housing Loans Made by Mortgage Lenders
115.
Application of, definitions,
Part IX
.
116.
Mortgage
intermediaries.
116A.
Non-application of
section 116
and deemed application of certain
provisions.
117.
Obligation to display copy of
mortgage intermediaries authorisation.
118.
Mortgage intermediaries
authorisation not to be altered or falsified.
119.
Amendment of mortgage
intermediaries authorisation.
120.
Certain persons not to be
regarded as mortgage intermediaries.
121.
Redemption of housing
loans.
122.
Criteria for calculation of
APR in relation to housing loans.
123.
Valuation reports.
124.
Insurance of mortgaged
property.
125.
Costs of legal investigation
of title.
126.
Mortgage protection
insurance.
127.
Prohibition on linking of
services.
128.
Warning on loss of
home.
129.
Notice of important
information to be included in a housing loan agreement.
130.
Duties of mortgage lender to
supply documents and information.
131.
Disclosure of charges, agency
introduction fees, commissions and expenses.
132.
Disclosure of other
fees.
133.
Endowment loans.
134.
Disclosure of interest rate
and penalties to be applied to arrears on housing loans.
135.
Advertising of housing
loans.
136.
Protection of borrower on a
winding-up.
PART X
Miscellaneous
137.
Regulations relating to
display of information.
138.
Restrictions as to use of
inertia selling provisions in agreements.
139.
Circulars to
minors.
140.
Prohibition on exclusion of
obligations or rights in agreements.
141.
Statements purporting to
exclude or restrict liabilities or rights.
142.
Duty to disclose information
concerning financial standing of consumer.
143.
Correction of incorrect
information.
PART XI
Credit Intermediaries
144.
Credit
intermediaries.
145.
Obligation to display copy of
credit intermediaries authorisation.
146.
Prohibition on alteration or
falsification of credit intermediaries authorisation.
147.
Amendment of credit
intermediaries authorisation.
148.
Nature of “finance
arranged” to be explained to consumer.
PART XII
Obligation on Credit Institutions to Notify Director of all Customer
Charges
149.
Customer charges, etc., by
credit institutions that are subject to regulation by the
Bank.
149A.
Customer
charges, etc. payable by persons authorised to carry on business of a
bureau de change.
150.
Disclosure of information by
Director.
PART XIII
Moneylenders, Credit and Mortgage Intermediaries Registers
151.
Credit intermediaries
register.
151A.
Register of
high cost credit providers and mortgage intermediaries.
151B.
Certified copy
of register to be admissible in evidence.
PART XIV
Amendment of Sale of Goods and Supply of Services Act,
1980
152.
Amendment of Act of
1980.
PART XV
Amendment of Pawnbrokers Act, 1964
153.
Licensing of
pawnbrokers.
154.
Amendment of Pawnbrokers Act,
1964.
155.
Continuity of licences granted
by Revenue Commissioners.
PART XVI
Amendment of Consumer Information Act, 1978
156.
Amendment of section 9 of
Consumer Information Act, 1978.
FIRST SCHEDULE
SECOND SCHEDULE
THIRD SCHEDULE
FOURTH SCHEDULE
FIFTH SCHEDULE
SIXTH SCHEDULE
SEVENTH SCHEDULE
EIGHTH SCHEDULE