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Division Section ‘7 Illustrative repayment table’

United Kingdom

Original text. Later amendments are not shown.

  1. (1)This section shall be included where the credit is a deferred interest credit under which interest due is not fully repaid by the instalments and is added to the total amount of credit outstanding or where the borrowing rate is fixed for the duration of the credit agreement. Member States may provide that the illustrative amortisation table is compulsory in other cases.
  2. (2)Division (2)
  3. (3)Division (3)
  4. (4)Division (4)
  5. (5)Division (5)