Credit Union Act 1997
F62[Definition and calculation of "APR" for the purposes of sections 37C and 37D.
F63[37E.—(1) For the purposes of sections 37C and 37D "annual percentage rate of charge", in relation to a credit agreement entered into between a credit union and a member, means the annual percentage rate of charge as defined under Regulation 6 of the European Communities (Consumer Credit Agreements) Regulations 2010.
(2) The annual percentage rate of charge specified in a credit agreement shall be in accordance with Part 5 of the European Communities (Consumer Credit Agreements) Regulations 2010.]]
Annotations
Amendments:
F62
Inserted (1.01.2005) by Central Bank and Financial Services Authority of Ireland Act 2004 (21/2004), s. 33 and sch. 3 pt. 14 item 1, S.I. No. 455 of 2004.
F63
Substituted (11.10.2013) by Central Bank and Financial Services Authority of Ireland Act 2004 (40/2012), s. 35 and sch. 1 item 26, S.I. No. 393 of 2013.