Updated: Since the Government response was published in August, further stakeholder representations have been received with regards to this amendment. In response to this feedback the approach has been fine-tuned and this addendum sets out how the approach has been adjusted.
The purpose of this consultation is to propose a very specific amendment to the definition of “debtor” in the Consumer Credit Act 1974, to provide confidence to creditors as to the identity of the “debtor” under a regulated Green Deal Plan. This amendment does not change policy or the way in which the Green Deal works.
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