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The Housing (Service Charge Loans) Regulations 1992

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Administrative expenses

4.  The expenses so charged in accordance with paragraphs 2 and 3 above, may—

(a)at the option of the borrower in the case of a loan under regulation 2 (the right to a loan), and

(b)at the option of the lender in the case of a loan under regulation 5 (the power to make loan),

be added to the amount of the loan.

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