D.C. Mun. Regs. tit. 26, r. 26-C2500

Current through Register Vol. 71, No. 49, December 6, 2024

Rule 26-C2500 - GENERAL PROVISIONS

2500.1

The provisions of this chapter were adopted by the District of Columbia Council as the "District of Columbia Consumer Retail Credit Regulations," Regulation No. 71-18, approved June 11, 1971, under the Council's powers to make police regulations for the protection of lives, limbs, health, comfort and quiet of all persons and the protection of all property within the District of Columbia.

2500.2

The District of Columbia Council has determined that an effective program for the protection of consumers in connection with retail installment credit transactions is necessary for the protection of the health, comfort and quiet of all persons, and the protection of all property within the District of Columbia.

D.C. Mun. Regs. tit. 26, r. 26-C2500

Preamble of the District of Columbia Consumer Retail Credit Regulation, Regulation No. 71-18, approved June 11, 1971

Under Regulation No. 71-18, general administration and enforcement was vested in the Commissioner. Those functions were transferred to the Mayor under § 422 of the District Charter. The Mayor's functions under the Regulation were reassigned to the Office of Consumer Protection by § 4(b)(1) of the District of Columbia Consumer Protection Procedures Act, D.C. Law 1-76 (D.C. Official Code § 28-3903(b)(1) (2001)). Under § 2(d) of the District of Columbia Consumer Protection Procedures Act Amendment Act of 1990, D. C. Law 8-234, the word "Department" replaced the word "Office." The intent of the replacement was to transfer the functions under the Retail Credit Regulation from the Office of Consumer Protection to the Department of Consumer and Regulatory Affairs. In conformance with D.C. Law 8-234, the word "Department" appears throughout this chapter.

AUTHORITY: Unless otherwise noted, the authority for this chapter is § 2 of a Joint Resolution to regulate licenses to proprietors of theatres in the city of Washington, District of Columbia, and for other purposes, approved February 26, 1892, 27 Stat. 394, D.C. Official Code § 1-303.03 (2001).