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  1. I was just going over my court bundle and found this section in my 1st witness statement. Do I need to change my POC or can I proceed with the letter to the district judge? 33. Further under the UTCCR, Regulation 5 provides: "5. - (1) A contractual term which has not been individually negotiated shall be regarded as unfair if, contrary to the requirement of good faith, it causes a significant imbalance in the parties' rights and obligations arising under the contract, to the detriment of the consumer. (2) A term shall always be regarded as not having been individually negotiated where it has been drafted in advance and the consumer has therefore not been able to influence the substance of the term. (3) Notwithstanding that a specific term or certain aspects of it in a contract has been individually negotiated, these Regulations shall apply to the rest of a contract if an overall assessment of it indicates that it is a pre-formulated standard contract. (4) It shall be for any seller or supplier who claims that a term was individually negotiated to show that it was.” Schedule 2 also includes such clauses (to define examples of unfair clauses) as: (i) irrevocably binding the consumer to terms with which he had no real opportunity of becoming acquainted before the conclusion of the contract; (j) enabling the seller or supplier to alter the terms of the contract unilaterally without a valid reason which is specified in the contract; (m) giving the seller or supplier the right to determine whether the goods or services supplied are in conformity with the contract, or giving him the exclusive right to interpret any term of the contract." 34. It is submitted that the charges are unfair under regulation 5 because contrary to the requirement of good faith they cause a significant imbalance in the parties’ rights and obligations under the banking contract. The charges are most likely to penalise those customers with little or no credit and the charges could be imposed repeatedly with interest levied on top at the higher rate. The cumulative effect is therefore to substantially increase the debt burden on the customer who incurs the charges making it increasingly likely that further and repeated charges and interest would be charged. 35. The defendant is a powerful multi-national corporation. The term regarding charges was inserted unilaterally in contract. The contract was pre and mass produced and I had no opportunity to negotiate the clause, or indeed any part of the contract. 36. The cost of the Defendant's charges have increased substantially and indiscriminately during the period in which my account has been in operation, neither time was I given the opportunity to negotiate, or even notified of this increase. This means the bank, a powerful financial institution, has unilaterally altered the terms of my account contract to my significant detriment, and to their advantage. 37. It is submitted that the account contract is within the ambit of the Regulation 5 as it was not individually negotiated. The requirement of good faith was described by Lord Bingham in Director General of Fair Trading v First National Bank[2001] UKHL 52 [exhibit SPM07] as: "Good faith in this context is not an artificial or technical concept... It looks to good standards of commercial morality and practice. It lays down a composite test, covering both the making and the substance of the contract, and must be applied bearing clearly in mind the objective which the regulations are designed to promote. Fair dealing requires that a supplier should not, whether deliberately or unconsciously, take advantage of the consumer's necessity, indigence, lack of experience, unfamiliarity with the subject matter of the contract, weak bargaining position" 38. The Claimant submits that the charging regime operated by the Defendant by charging those who can least afford it to subsidise free banking of other customers takes advantage of the Claimant’s necessity indigence and weak bargaining power. The objectives which the Regulations are designed to promote include the protection of Consumers from commercial entities. 39. The Defendant may assert that the charges are within the requirement of good faith as they were in the published terms and conditions and the Claimant was aware of them. However, this is a purely procedural argument and according to Lord Steyn in Director General of Fair Trading v First National Bank: "Any purely procedural or even predominantly procedural interpretation of the requirement of good faith must be rejected." 40. I thus assert that the substance of the clause is of paramount importance in looking at the requirement of good faith also the way it was packaged so as to deceive the consumer into believing it was a legitimate charge to compensate loss.
  2. You all need to check the wording on your stays, i am sure the onus was with us to progress the claim in a limited amount of time once a descision was finally made
  3. my son is big on swp and revolution i used to argue against him. no more i will be joining him on the next demo
  4. we need to mobilise, glue up the locks on bank doors. Yet again great british jutice supports the few privilaged over the plebs
  5. some money would be handy, having to bail out my daughter at uni coz of the student loans company fiasco
  6. I will have to check my Stay documentation, I think the onus was on me to contact the court once a descision was made
  7. Can anyone explain to me what happened regarding the Abbey "Breach of conract defence" and what was the verdict regarding historical T&C's?
  8. No matter what emphasis you put on your statement I still find it smug, simplistic and downright offensive. Best you just concentrate on your job at the bank.
  9. If you have read my thread you will be in little doubt that I am more than a little cynical regarding our chances of getting justice in the UK when taking on an institution like the British banking system. However "the jury is out" on this latest twist. From my understanding the banks had 8 weeks to put their arguements to the Law Lords, on past record they would have waited 7 weeks 6 days 23 hours and 59 minutes before submitting, they would be hoping that the process would then take sufficient time that no decsion would have been made before the Lords summer recess. We would then not have a decision untill October at the earliest, yet more time wasted. What the Law Lords have done is blow the whistle on the banks time wasting antics. They have stipulated that the petition of appeal be lodged by 15 April. How long it will take for the hearing to be listed remains to be seen but I hope that it will be listed quickly to be heard before the Lords summer break. I believe that we have to get this hurdle out the way so that, if/when the banks lose their appeal they will take the it to the European Law courts enabling us to get a final decission sometime in 2010. Then again we will see the closing of ranks and not see a plugged nickle.
  10. it took a heart attack to make me give up. in the first few weeks i was telling people i am giving up smoking, I also counted the days. Then it dawned on me that a) by counting the days i was thinking about smoking. b) By keep using the term giving up, I was reminding myself i was depriving myself of something which brought it into sharper focus. If you are seriously giving up smoking you are a NON SMOKER now, no need to count days or describe yourself as someone who is giving up. It is all in the mind.
  11. psm

    PSM V Abbey PLC

    Hi all I have a quick query, following the High Court ruling that refused the banks leave to appeal, how long do they have to petition the House of Lords to be allowed an appeal to them?
  12. how sad are we to allow this to happen, our vote seems worthless, they (the bankers) seem to do what they want when they want with impunity and prosper into the bargain
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