The cumulative effect of Section 20(3) of the Financial Services and Markets Act 2000 (Amendment) (No.2) Order 2013 (the Order of 2013) and Chapter 14A of Part 2 of the Regulated Activities Order is: regulated mortgage contracts are essentially derived from the regulation of the CCA and regulation as a regulated activity related to credit1(a) a debtor-supplier agreement is either – and refers to all calls Are applicable to loans and their interest rate or total charges for credits and their interest rate, calculated in accordance with the Consumer Credit Regulations 1980 (2) 1980 (2). (c) agreements secured by pledging (with the exception of pledging of title deeds or bearer bonds). (iii) there is no royalty which is part of the overall charge of the credits under the agreement, with the exception of interest at an interest rate that does not exceed the interest rate to be paid from time to time in accordance with the agreement referred to in point (i), (b) an agreement (whenever it is concluded) for the refinancing of an agreement granting the debtor credit for one of the above purposes; 2.- (1) The law does not regulate a consumer credit agreement falling under Article 16, paragraph 2, of the Law and to which this paragraph applies. 4. Where the creditor is a body within the meaning of Part II of Annex 1 to this Decision, paragraph 1 shall apply only to an agreement relating to a description of that body, as taken following an order or purpose so determined. However, creditors and credit intermediaries should be cautious when deciding to change their existing business models in order to benefit from the new derogation and avoid the authorisation of the ACF. If lenders and credit intermediaries wish to avoid ACF authorisation, they should carefully review their existing credit agreements. All existing credit agreements, hitherto considered to be regulated, should be replaced by non-regulated contracts and should not simply be amended so that these undertakings can renounce the authorisation of the ACF. Article 3(1)(a)(i) amends the old Regulation by exempting reimbursed agreements for a maximum period of twelve months from the date of the agreement, with a maximum of 4 payments, and brings this provision into line with Council Directive 87/102/EEC (OJ L 347, 12.12.2002, p. 1). (2) OJ L 42, 12.2.1987, p. . .