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Paragraph 4 Administrative expenses

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

The expenses so charged in accordance with paragraphs 2 and 3 above, may—

(a)

at the option of the borrower in the case of a loan under regulation 2 (the right to a loan), and

(b)

at the option of the lender in the case of a loan under regulation 5 (the power to make loan),

be added to the amount of the loan.