123 Restrictions on taking and negotiating instruments
Consumer Credit Act 1974 (1974 c 39) | Legislation

Negotiable instruments

123  Restrictions on taking and negotiating instruments

(1)     A creditor or owner shall not take a negotiable instrument, other than a bank note or cheque, in discharge of any sum payable—

(a)     by the debtor or hirer under a regulated agreement, or

(b)     by any person as

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