​KembaraXtra – Legal Terms – Multiple Agreement


Under the Consumer Credit Act 1974, a multiple agreement is an agreement containing terms that fall within more than one legal category.


Part of the agreement may fall within a category regulated by the Act, while another part may belong to a different category altogether.


In some cases, the same agreement may simultaneously fall within several regulated categories under consumer credit legislation.


The law treats each relevant part of the agreement separately for regulatory purposes.


This approach ensures that appropriate consumer protections apply to every regulated aspect of the agreement.