SCHEDULES
SCHEDULE 17CONDITIONS RELATING TO HOUSE LOANS
4
—The heritable security shall provide for repayment of the principal—
a
by instalments (of equal or unequal amounts) beginning either on the date of the advance or at a later date, or
b
at the end of a fixed period (with or without a provision allowing the local authority to extend that period) or on the happening of a specified event before the end of that period.