# The Housing (Service Charge Loans) Regulations 1992, Paragraph 1: The rate of interest


The rate of interest payable on the loan shall be such reasonable rate as may be determined by the lender except where the lender is a local authority in which case the provisions of Schedule 16 to the Act shall apply.

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Source: https://www.legislation.gov.uk/uksi/1992/1708/schedule/2/paragraph/1 (the official version)
Page: https://openlegislation.uk/housing-service-charge-loans-regulations-1992/schedule-2/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.