New Judgment: Southern Pacific Securities 05-2 Plc (in substitution for Southern Pacific Personal Loans Ltd) v Walker & Anor [2010] UKSC 32
07 Wednesday Jul 2010
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On appeal from: [2009] EWCA Civ 1218
Considers (1) the correct definition of an “amount of credit” under the Consumer Credit Act 1974; and (2) whether the Act allows interest to be charged on a sum which is not the total amount of the credit, but is a charge for credit.
For judgment, please download: [2010] UKSC 32
For the Court’s press summary, please download: Press Summary
For a non-PDF version of the judgment, please visit: BAILII