{
  "url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/schedule-2/paragraph-15",
  "json_url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/schedule-2/paragraph-15.json",
  "legislation": "ukdsi/2015/9780111130810",
  "legislation_title": "The Mortgage Credit Directive Order 2015",
  "legislation_url": "https://openlegislation.uk/draft-mortgage-credit-directive-order-2015",
  "path": "schedule/2/paragraph/15",
  "kind": "paragraph",
  "number": "15",
  "heading": "Variable rate credits",
  "text": "Where the contract provides for variable rate credit, the creditor must—\n(a) make any indexes or reference rates used to calculate the borrowing rate clear, accessible, objective and verifiable by the borrower and the FCA; and\n(b) maintain historical records of indexes used by the creditor for calculating the borrowing rates.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2015/9780111130810/schedule/2/paragraph/15",
    "retrieved_at": "2026-10-30T15:09:54.327491+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."
}