The Consumer Credit (Total Charge for Credit) Regulations 2010 (revoked)
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CONSUMER CREDIT
Statute Law Database
2020-06-29
Expert Participation
2013-01-01
These Regulations implement article 19 of and Annex 1 to Directive 2008/48/EC of the European Parliament and of the Council on credit agreements for consumers (OJ No L133, 22.5.2008, p66) (“the Directive”). They set out the basis on which the annual percentage rate of charge (APR) and the total charge for credit must be calculated for the purpose of an actual or prospective regulated consumer credit agreement.
Kevin BrennanMinister for Further Education, Skills, Apprenticeships and Consumer AffairsDepartment for Business, Innovation and Skills