Regulation 12 Schedule 2, paragraph 21 (additional assumptions for the calculation of the annual percentage rate of charge)

In paragraph 21 of Schedule 2—

(a)

in sub-paragraph (17)—

(i)

for “central bank” substitute “Bank of England”;

(ii)

for “the EEA State where the property is located” substitute “the United Kingdom”;

(b)

insert after sub-paragraph (17)—

“(18)
In this paragraph “total amount of credit” has the meaning given in paragraph 9(6).”.