# The Housing (Service Charge Loans) (Amendment) (England) Regulations 2000, Regulation 2: Amendment to the Housing (Service Charge Loans) Regulations 1992


For paragraph 1 of Schedule 2 to the Housing (Service Charge Loans) Regulations 1992 there shall be substituted the following—
“1 (a) Except in a case falling within sub-paragraph (b), the rate of interest payable on the loan shall be such reasonable rate as may be determined by the lender.
(b) In the case of a loan under regulation 2 where the lender is a local authority, the provisions of Schedule 16 to the Act shall apply.”.

---
Source: https://www.legislation.gov.uk/uksi/2000/1963/regulation/2 (the official version)
Page: https://openlegislation.uk/housing-service-charge-loans-amendment-england-regulations-2000/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.