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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Published date: 24 October 1983

Consumer Credit (Rebate on Early Settlement) Regulations 1983 [SI 1983 No. 1562]

Comparing proposed amendment...
Introductory Text
Revoked
Regulation 1 Citation, commencement and interpretation
Revoked
Regulation 2 Entitlement to rebate
Revoked
Regulation 3 Items included in the calculation of rebate
Revoked
Regulation 4 Formulae for calculating rebate
Revoked
Regulation 5 Deferment of settlement date
Revoked
Regulation 6 Settlement date
Revoked
Regulation 7 Variation of rates and amounts
Revoked
Regulation 8 Old agreements
Revoked
Schedule 1 Pro Rata Rule
Schedule 2 Rule of 78
Revoked
Schedule 2, Part I Simple formula for calculation of rebate where credit is repayable in equal instalments at equal intervals.
Revoked
Schedule 2, Part II General formula for calculation of rebate where credit is repayable in unequal instalments or in instalments at unequal intervals.
Revoked
Schedule 3 Formula for calculation of rebate where settlement takes place between two instalment dates and credit is repayable by instalments at other than monthly or shorter intervals.
Revoked
Schedule 4 Formula for calculation of rebate where a sum less than the total remaining indebtedness of the debtor is required to be paid early.
Revoked
Schedule 5 Provisions relating to determining whether repayments of credit are in equal instalments or at equal intervals for the purpose of calculation of rebate.
Signature
Explanatory Note