CREDIT REGULATIONS (AMENDMENT) (NO. 25 OF 1991) - REG 4 4. After regulation 17 of the Principal Regulations the following regulation is inserted:

Australian Capital Territory Numbered Regulations

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CREDIT REGULATIONS (AMENDMENT) (NO. 25 OF 1991) - REG 4

4. After regulation 17 of the Principal Regulations the following regulation is inserted:

Prohibited statement

“17A. For the purposes of section 121 of the Act, a statement of a rate of interest that is expressed otherwise than as an annual percentage rate is prescribed as a prohibited statement.”.

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