Consumer Credit Act 2025 · Updated to 31 Dec 2025 · Part V · Licensing and Registration
79. Non-application of Part V
Feedback & supportPart V of this Act shall not apply to—
this Act
“this Act” includes any subsidiary legislation, standard or guidelines and notification made under this Act;
a person who is set out in Schedule 5; and
any person who is carrying on a credit business or credit service business under the Hire-Purchase Act 1967,
Consumer Protection Act 1999, Moneylenders Act 1951
and Pawnbrokers Act 1972, unless such person intends to carry on any credit business or credit service business as set out in Schedule 4.
Where a person is carrying on a credit business or credit service business as set out in paragraph 1 or paragraph 3 of
person
“person” includes an individual, any sole proprietorship, corporation, statutory body, local authority, society, trade union, co-operative society, partnership and any other body, organization, association or group of persons, whether corporate or unincorporate;
Schedule 4 that does not involve a credit consumer, such person shall submit a declaration to the Commission of such fact, in the form and manner as may be specified by the Commission.
credit consumer
“credit consumer” means any person as set out in subsection 5(1);
A person referred to in subsection (2) shall submit the declaration to the Commission together with such document or information as may be specified by the Commission.
Commission
“Commission” means the Consumer Credit Commission established under section 6;
Consumer Credit 71
credit
“credit” means any arrangement, agreement or facility as set out in subsection 5(2);