delete Repeals and revocations
Regulatory reform order that repeals the Trading Stamps Act 1964 and updates cross-references in the Consumer Transactions (Restrictions on Statements) Order 1976 and Supply of Goods and Services Act 1982. The Act governed trading stamps (loyalty schemes like S&H green stamps), which are now largely obsolete. The Order removes 'excepted contracts' language and replaces it with 'hire-purchase agreements', while preserving certain implied terms protections.
This Order is itself a deregulatory reform that repeals an obsolete Act and simplifies legislation. However, the Trading Stamps Act 1964 governed a voluntary commercial practice (trading stamp loyalty schemes) that has virtually disappeared from the market without government intervention. The regulatory burden being removed was minimal to nonexistent. The cross-referencing updates to the Supply of Goods and Services Act are merely technical. This Order represents bureaucratic tidying rather than substantive regulatory relief that would meaningfully increase British economic dynamism.