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Paragraph 3 Tolerance where repayments are nearly equalI1

United Kingdom

In the case of an agreement under which all repayments of credit but one are equal and that one repayment does not differ from any other repayment by more whole pence than there are repayments of credit, there may be included in a credit advertisement relating to the agreement a rate found under regulation 5 of the Total Charge for Credit Regulations as if that one repayment were equal to the other repayments to be made under the agreement.

Annotations

Commencement

I1

Sch. para. 3 in force at 1.2.2011, see reg. 1(1)