99Enforcement of consumer credit contract prohibited

1. If disclosure is required under section 17 or section 22, no person (other than a debtor under the consumer credit contract) may, before that disclosure is made,—

2. enforce the contract; or
3. enforce any right to recover property to which the contract relates; or
4. enforce any right in relation to the costs of borrowing; or
5. require the debtor or any other person to make a full prepayment or a part prepayment on the basis of a failure by the debtor or other person to pay the costs of borrowing; or
6. enforce any security interest taken in connection with the contract.

7. Neither the debtor nor any other person is liable for the costs of borrowing in relation to any period during which the creditor has failed to comply with section 17 or 22.

8. The period referred to in subsection (1A)—

9. starts on the date of the failure; and
10. ends only at the close of the day on which the disclosure under section 17 or 22 is made.

11. However, subsection (1A) does not apply in relation to fees or charges payable as referred to in section 45 unless the other person, body, or agency referred to in that section is an associated person of the creditor.

12. This section does not limit any rights that a person has in connection with a bill of exchange.