http://www.legislation.gov.uk/uksi/2012/1745/regulation/2/made
The Consumer Credit (Total Charge for Credit) (Amendment) Regulations 2012
Credit licences
Money lenders
en
King's Printer of Acts of Parliament
2017-07-19
CONSUMER CREDIT
These Regulations implement Directive 2011/90/EU amending Part II of Annex I to Directive 2008/48/EC of the European Parliament and of the Council providing additional assumptions for the calculation of the annual percentage rate of charge (“the 2011 Directive”) (OJ No L296, 15.11.2011, p35). They amend certain provisions of the Consumer Credit (Total Charge for Credit) Regulations 2010 (S.I. 2010/1011) (“the 2010 Regulations”) which set out assumptions for the purposes of calculating the total charge for credit and the annual percentage rate of charge.
Amendments to the 2010 Regulations2
The 2010 Regulations are amended as specified in regulations 3 to 5.