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Paragraph 2 Interpretation

Original text. Later amendments are not shown.

In this Schedule—

  • “alternative finance payments” has the meaning given in paragraph 6 of Schedule 1;

  • “joint owner-occupier” has the meaning given in paragraph 1(2);

  • “loan interest payments” has the meaning given in paragraph 5 of Schedule 1;

  • “owner-occupier” means a single owner-occupier within the meaning of paragraph 1(2) or each of joint owner-occupiers;

  • “qualifying period” has the meaning given in paragraph 5(2);

  • “relevant payments” has the meaning given in paragraph 3;

  • “standard rate” has the meaning given in paragraph 12.