Which of the following agreements are NOT subject to certain provisions under the Consumer Protection Code, 2012?

• A. Mary, who enters into a hire purchase agreement with her local garage.
• B. Sarah, who purchases a new sofa from Sofas-R-Us under an interest free credit agreement.
• C. A loan taken out by John from Bretton Bank for the purpose of buying a car.
• D. Peter, who arranges a mortgage at the standard variable rate.

Answer: (A)

The key idea is that the Consumer Protection Code 2012 does not apply equally to every type of consumer credit. Some agreements are carved out or treated differently under the code. In this case, hire purchase arrangements are not subject to the same provisions as other consumer credit agreements. A hire purchase contract with a local garage is governed by its own regime and is exempt from certain CPC requirements that would apply to typical loans or mortgages.

By contrast, the sofa bought on interest‑free credit still involves a credit facility extended by a lender, and the bank loan for a car and the mortgage at a standard variable rate are standard consumer credit products that fall squarely under CPC protections, requiring disclosures and protections under the code.