An Entity of Type: Supreme Court of the United States case, from Named Graph: http://dbpedia.org, within Data Space: dbpedia.org

Director General of Fair Trading v First National Bank plc [2001] UKHL 52 is the leading case on the Unfair Terms in Consumer Contracts Regulations 1999. It was an action to test the fairness of clauses in loan agreements which secured a bank's commercial interest rates after a debtor that had defaulted and they had been to court to determine their repayment scheme. The House of Lords held that the clause did not fall within the ambit of reg 6(2) and that it was valid in accordance with the fairness test (reg 5(1)). The case was brought by the Director General of Fair Trading (now the Competition and Markets Authority) on behalf of consumers.

Property Value
dbo:abstract
  • Director General of Fair Trading v First National Bank plc [2001] UKHL 52 is the leading case on the Unfair Terms in Consumer Contracts Regulations 1999. It was an action to test the fairness of clauses in loan agreements which secured a bank's commercial interest rates after a debtor that had defaulted and they had been to court to determine their repayment scheme. The House of Lords held that the clause did not fall within the ambit of reg 6(2) and that it was valid in accordance with the fairness test (reg 5(1)). The case was brought by the Director General of Fair Trading (now the Competition and Markets Authority) on behalf of consumers. (en)
dbo:thumbnail
dbo:wikiPageExternalLink
dbo:wikiPageID
  • 20744941 (xsd:integer)
dbo:wikiPageLength
  • 5275 (xsd:nonNegativeInteger)
dbo:wikiPageRevisionID
  • 1088507532 (xsd:integer)
dbo:wikiPageWikiLink
dbp:citations
  • [2001] UKHL 52, [2002] 1 AC 481, [2002] 1 All ER 97, [2002] 1 Lloyd's Rep 489, [2001] 3 WLR 129 (en)
dbp:court
  • House of Lords (en)
dbp:fullName
  • DIRECTOR GENERAL OF FAIR TRADING Appellant - and - FIRST NATIONAL BANK PLC Respondent (en)
dbp:judges
dbp:keywords
  • Unfair terms, bank overdrafts (en)
dbp:name
  • DGFT v First National Bank plc (en)
dbp:opinions
  • Lord Bingham, Lord Steyn, Lord Hope, Lord Millett and Lord Rodger (en)
dbp:priorActions
  • [2000] EWCA Civ 27 (en)
dbp:transcripts
dbp:wikiPageUsesTemplate
dcterms:subject
gold:hypernym
rdf:type
rdfs:comment
  • Director General of Fair Trading v First National Bank plc [2001] UKHL 52 is the leading case on the Unfair Terms in Consumer Contracts Regulations 1999. It was an action to test the fairness of clauses in loan agreements which secured a bank's commercial interest rates after a debtor that had defaulted and they had been to court to determine their repayment scheme. The House of Lords held that the clause did not fall within the ambit of reg 6(2) and that it was valid in accordance with the fairness test (reg 5(1)). The case was brought by the Director General of Fair Trading (now the Competition and Markets Authority) on behalf of consumers. (en)
rdfs:label
  • Director General of Fair Trading v First National Bank plc (en)
owl:sameAs
prov:wasDerivedFrom
foaf:depiction
foaf:isPrimaryTopicOf
is dbo:wikiPageRedirects of
is dbo:wikiPageWikiLink of
is foaf:primaryTopic of
Powered by OpenLink Virtuoso    This material is Open Knowledge     W3C Semantic Web Technology     This material is Open Knowledge    Valid XHTML + RDFa
This content was extracted from Wikipedia and is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License