OFFICE OF FAIR TRADING v ABBEY NATIONAL PLC AND OTHERS

[2010] 1 Lloyd's Rep. 281

SUPREME COURT

Before Lord Phillips, President, Lord Walker, Lady Hale, Lord Mance and Lord Neuberger

Banking — Overdraft charges — Banks charged customers substantial charges for overdrafts on current accounts — Whether charges formed part of the price of the account or ancillary charges subject to assessment under the Unfair Terms in Consumer Contracts Regulations 1999, Regulation 6(2) — Council Directive 93/13/EEC on unfair terms in consumer contracts, article 4(2) — Whether preliminary reference to the European Court of Justice should be made — EC Treaty, article 234.