2012 Consumer Law for Motor Finance Providers
Date
8 Feb 2012 - 8 Feb 2012
Location
Imperial House, 15-19 Kingsway, London, WC2B 6UN
Information
An extensive legal framework gives considerable protection to consumers by, amongst other things, implying terms into contracts for the supply of goods. This framework is often confusing to both debtors and creditors alike with, in many cases, more than one statutory provision providing the debtor with protection. These problems are often compounded for motor finance lenders as, more often than not, a third party (usually a dealer) is involved.
This one day course offers lenders an opportunity to fully understand this legal framework, including the Consumer Credit Act 1974 (incorporating the requirements of the EU Consumer Credit Directive), the Hire Purchase Act 1964, the Sale of Goods Act 1979, the Supply of Goods and Services Act 1982 and the Supply of Goods (Implied Terms) Act 1973, and how these impact on the lender’s rights and obligations to their customers.
Course content includes:
- The different types of contracts that lenders enter into and the impact on their rights.
- The role of manufacturers’ warranties.
- Terms implied into contracts including satisfactory quality, fitness for purpose, description and ownership.
- Customers’ and Lenders’ Rights.
- An overview of the consumer credit legislation including terminating regulated agreements, issues affecting the recovery of assets and debts, connected lender liability and the impact of the debtor’s right to withdraw under Section 66A.
- Claims against third parties for the recovery of goods.
Event fee
FLA MEMBER = £440 + VAT. NON-MEMBERS = £595 + VAT.
Dress code
SMART CASUAL
