Paragraph 3 I1
United Kingdom
The following information shall be contained in the statement—
A statement of the order or proportions in which any amount paid by the debtor which is not sufficient to discharge the total debt then due under the agreement will be applied or appropriated by the creditor towards the discharge of the sums due in respect of:
(a)
the amounts of credit provided for different purposes; or
(b)
different parts of the agreement.
Annotations
Commencement
- I1
Sch. 2 para. 3 in force at 1.10.2008, see reg. 1(3)