However, one of the complexities associated with regulated leases is that some of the CCA rules put in place in 2010 do not apply to them, which could pose a problem for some rental companies and brokers. Entrepreneurs generally fall into two broad categories: individual entrepreneurs and businesses. But the Consumer Lease Act treats an individual entrepreneur as a “consumer” when the amount due is less than £25,000; these include individuals, partnerships of 2 or 3 people, and unregistered associations of individuals (such as some clubs). If, under the lease, the contractor owes a total of more than £25,000 and terminates the lease for commercial purposes, the contract is an “exempt” contract (which, however, remains largely regulated, as explained below). What will happen if you resign from a credit agreement? No problem, say the Continentals, we reimburse the money, and that`s it. Not so fast, my friend. What about the security of the agreement? What about related transactions? What about partial exchange operations? Deafening silence. a credit agreement that has been terminated in accordance with Consumer Protection (Distance Selling) Regulations 2000 15(1) or in accordance with Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 (consequences of revocation or termination on ancillary contracts)3; The CSF allows the consumer to terminate the contract before the expiry of the term of the contract. If the consumer opts for voluntary termination, he or she agrees: 1.A regulated contract is not properly executed, unless [note 6(1) of the Distance Selling Directive concerning distance contracts that are consumer credit agreements] `initial service contract` includes the opening of a bank account or the conclusion of a loan-token agreement; and3 Voluntary termination rights do not apply to rental or personal rental agreements….