Regulation 6 Deferment of settlement dateI1
United Kingdom
Where the agreement provides for the credit to be repaid over, or at the end of, a period which is more than a year after the relevant date, the settlement date for calculation of the rebate may be deferred by—
one month, or
where the length of a month’s deferment would be more or less than 30 days and the creditor so elects, 30 days.
Paragraph (1) does not apply where the agreement is a green deal plan and the creditor under that plan is claiming a payment under section 95B(2) of the Act.
Annotations
Textual amendments
- F1
Reg. 6 renumbered as reg. 6(1) (E.W.S.) (28.1.2013) by The Consumer Credit (Green Deal) Regulations 2012 (S.I. 2012/2798), reg. 1(b), Sch. para. 3(3)
- F2
Reg. 6(2) inserted (E.W.S.) (28.1.2013) by The Consumer Credit (Green Deal) Regulations 2012 (S.I. 2012/2798), reg. 1(b), Sch. para. 3(4)(b)