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Section 13 Amount of loan.

England and Wales

It shall not be lawful for any such society to lend to any person at the same time a greater sum than fifteen pounds; and no second or other loan shall be made to the same person until the former loan shall have been repaid.

Notes on the whole Act

Textual amendments

F1

Act repealed (19.11.1998) by 1998 c. 43, s. 1(1), Sch. 1 Pt. IV Group 4