(a) Authority. The regulation in this part, known as Regulation M, is issued by the Board of Governors of the Federal Reserve System to implement the consumer leasing provisions of the Truth in Lending Act, which is title I of the Consumer Credit Protection Act, as amended (15 U.S.C. 1601 et seq.). Information collection requirements contained in this regulation have been approved by the Office of Management and Budget under the provisions of 44 U.S.C. 3501 et seq. and have been assigned OMB control number 7100–0202.
CFR 12-213.1-2014 history
1997CFR 12-213.1-2014 Banks and banking. Part 213:Consumer leasing (regulation M). Section213.1:Authority, scope, purpose, and enforcement.