The Consumer Credit (Total Charge for Credit) (Amendment) Regulations 2012 take effect on 1 January 2013. The changes are limited and reflect a change in EU legislation relating to the calculation of the total charge for credit and annual percentage rate. (Source: The Consumer Credit (Total Charge for Credit) (Amendment) Regulations 2012)
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Amendment to credit regulations
- Dentons
- European Union
- July 13 2012
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Nadia Martel
Senior Legal Counsel
Bombardier Recreational Products Inc