{
  "url": "https://openlegislation.uk/credit-unions-maximum-interest-rate-on-loans-order-2013/note",
  "json_url": "https://openlegislation.uk/credit-unions-maximum-interest-rate-on-loans-order-2013/note.json",
  "legislation": "uksi/2013/2589",
  "legislation_title": "The Credit Unions (Maximum Interest Rate on Loans) Order 2013",
  "legislation_url": "https://openlegislation.uk/credit-unions-maximum-interest-rate-on-loans-order-2013",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Order)\nThis Order increases the limit on the interest which a credit union may charge on loans made by it under the Credit Unions Act 1979 (c.34) from 2% to 3% per month.\nAn impact assessment has not been produced for this instrument as no impact on the costs of business or the voluntary sector is foreseen.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2013/2589/note",
    "retrieved_at": "2026-10-29T00:38:23.504708+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}