# The Housing (Service Charge Loans) (Amendment) (Wales) Regulations 2011, Regulation 2: Terms of loan


The 1992 Regulations are amended in regulation 6 (terms of loans) by the substitution for paragraph (2) of—
“(2) A loan made by virtue of regulation 5 may be made on terms that—
(a) do not require the payment of interest; or
(b) require the payment of interest only on part of the loan;
and shall otherwise, subject to paragraph (3), be on such terms as the lender may determine.”.

---
Source: https://www.legislation.gov.uk/wsi/2011/1864/regulation/2 (the official version)
Page: https://openlegislation.uk/housing-service-charge-loans-amendment-wales-regulations-2011/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.