# The Credit Unions (Maximum Interest Rate on Loans) Order 2013, Article 2: Maximum interest rate


The rate specified for the purposes of section 11(5) of the Credit Unions Act 1979 is three per cent per month.

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Source: https://www.legislation.gov.uk/uksi/2013/2589/article/2 (the official version)
Page: https://openlegislation.uk/credit-unions-maximum-interest-rate-on-loans-order-2013/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.