(a) Public-utilities credit.
(1) Definition. Public-utilities credit refers to extensions of credit that
involve public-utility services provided through pipe, wire, or other
connected facilities, or radio or similar transmission (including
extensions of such facilities), if the charges for service, delayed
payment, and any discount for prompt payment are filed with or regulated
by a government unit.
(2) Exceptions. The following provisions
of this regulation do not apply to public- utilities
credit:
(i) section 202.5(d)(1) concerning information
about marital status; and
(ii) section 202.12(b) relating to record
retention.
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(b) Securities credit.
(1) Definition. Securities credit refers to extensions of credit subject
to regulation under section 7 of the Securities Exchange Act of 1934
or extensions of credit by a broker or dealer subject to regulation
as a broker or dealer under the Securities Exchange Act of 1934.
(2) Exceptions. The following provisions of this regulation do not
apply to securities credit:
(i) section 202.5(b) concerning information
about the sex of an applicant;
(ii) section 202.5(c) concerning information
about a spouse or former spouse;
(iii) section 202.5(d)(1) concerning
information about marital status;
(iv) section 202.7(b) relating to designation
of name to the extent necessary to comply with rules regarding an
account in which a broker or dealer has an interest, or rules regarding
the aggregation of accounts of spouses to determine controlling interests,
beneficial interests, beneficial ownership, or purchase limitations
and restrictions;
(v) section 202.7(c) relating to action concerning open-end accounts,
to the extent the action taken is on the basis of a change of name
or marital status;
(vi) section 202.7(d) relating to the signature of a spouse or other
person;
(vii) section
202.10 relating to furnishing of credit information; and
(viii) section 202.12(b)
relating to record retention.
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(c) Incidental credit.
(1) Definition. Incidental credit refers to extensions of consumer credit other
than credit of the types described in paragraphs (a) and (b) of this
section—
(i) that are not made pursuant to the
terms of a credit card account;
(ii) that are not subject to a finance
charge (as defined in Regulation Z, 12 CFR 226.4); and
(iii) that are not payable
by agreement in more than four installments.
(2) Exceptions. The following provisions of this regulation do not
apply to incidental credit:
(i) section 202.5(b) concerning information
about the sex of an applicant, but only to the extent necessary for
medical records or similar purposes;
(ii) section 202.5(c) concerning information
about a spouse or former spouse;
(iii) section 202.5(d)(1) concerning
information about marital status;
(iv) section 202.5(d)(2) concerning
information about income derived from alimony, child support, or separate
maintenance payments;
(v) section 202.7(d) relating to the signature of a spouse or other
person;
(vi) section
202.9 relating to notifications;
(vii) section 202.10 relating to furnishing
of credit information; and
(viii) section 202.12(b) relating to
record retention.
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(d) Government credit.
(1) Definition. Government credit
refers to extensions of credit made to governments or governmental
subdivisions, agencies, or instrumentalities.
(2) Applicability
of regulation. Except for section 202.4(a), the general rule
against discrimination on a prohibited basis, the requirements of
this regulation do not apply to government credit.
