Regulation 10A
Repayment instalments and intervals
Subsidiary LegislationIn forceProvision 14 of 48
Regulation 10A
Subregulation 1
Every contract for a loan must provide for the payment of equal instalments at equal intervals of time.
Subregulation 2
Paragraph (1) does not apply to any of the following loans:
(a)
any revolving credit loan;
(b)
any secured loan;
(c)
any business loan.