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Paragraph 5 LoansI1

United Kingdom

A loan is treated as falling due for repayment, and an instalment of a loan is treated as falling due for payment, on the earliest date on which the lender could require repayment or (as the case may be) payment, if he exercised all options and rights available to him.

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Commencement

I1

Sch. 9 para. 5 in force at 1.9.1994, see reg. 1