The Council of the European Communities,
Having regard to the Treaty establishing the European Economic Community, and in particular Article 100a thereof,
Having regard to the proposal from the Commission [OJ No C 155,14.6.1988, p. 10.],
In cooperation with the European Parliament [OJ No C 96, 17.4.1989, p. 87 and OJ No C 291, 20.11.1989, p. 50.],
Having regard to the opinion of the Economic and Social Committee [OJ No C 337, 31.12.1988, p. 1.],
Whereas Article 5 of Council Directive 87/102/EEC [OJ No L 42, 12.2.1987, p. 48.] provides for the introduction of a Community method or methods of calculating the annual percentage rate of charge for consumer credit;
Whereas it is desirable, in order to promote the establishment and functioning the internal market and to ensure tha
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