Office of Fair Trading

CONSUMER CREDIT ACT 1974

General Notice No: 1120

Group Licence for Bodies Approved for Specific Purposes

I, Ray Hall, Director of Enforcement and Credit Licensing in the Office of Fair Trading (‘the OFT’) and a member of the OFT’s staff, being authorised in that behalf in writing by the OFT pursuant to paragraph 7 of Schedule 1 to the Fair Trading Act 1973, hereby give general notice pursuant to section 29(6) of the Consumer Credit Act 1974 that under section 29 of that Act the OFT has, renewed the group licence issued under section 22(1)(b) of the Consumer Credit Act granted on 1 August 2005 to the following group:

The governing bodies of institutions (Higher Education Institutions) at which students eligible under section 1 of the Education (Student Loans) Act 1990 (“the Act”) or, in the case of Northern Ireland, the Education (Student Loans) (Northern Ireland) Order 1990 (“the Order”) to receive loans towards their maintenance are attending courses and which are from time to time recorded on a list maintained by, in the case of England and Wales, the Secretary of State for Education and Skills; in the case of Scotland, the Scottish Minister; and in the case of Northern Ireland, the Department for Employment and Learning, to carry on the business of credit brokerage.

Limited to the exercise of duties prescribed for them in the Regulations made under the Act or Order.

The group licence is valid for a period of 5 years and commences on 1 August 2005.

OFFICE OF FAIR TRADING, FLEETBANK HOUSE, 2-6 SALISBURY SQUARE, LONDON EC4Y 8JX

Ray Hall, Director, Enforcement and Credit Licensing, Office of Fair Trading

Date of issue: 28 July 2005