Skip to content
In force2026 Revised Edition

Part 2 · Regulation of Business of Moneylending

10A. Repayment instalments and intervals

Feedback & support
(1)

Every contract for a loan must provide for the payment of equal instalments at equal intervals of time.

(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.

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.

Report

Part 3

Unsecured Loans

Part 3A

Rules for Purposes of Part 3A of Act

Part 4

Miscellaneous Provisions