(1) Where the agreement provides for the credit to be repaid over, or at the end of, a period which is more than a year after the relevant date, the settlement date for calculation of the rebate may be deferred by -
(a) one month, or
(b) where the length of a month’s deferment would be more or less than 30 days and the creditor so elects, 30 days.
(2) Paragraph (1) does not apply where the agreement is a green deal plan and the creditor under that plan is claiming a payment under section 95B(2) of the Act.