s. 36 (i) a statement whether any mortgage relating to the contract has been or is agreed to be entered into. (2) A credit provider shall not include in the amount financed under a loan contract— (a) an amount payable by the debtor to the credit provider in respect of a risk under a contract of insurance other than a risk specified in clause 1(b) of Schedule 4; (b) where a mortgage relating to the contract has S. 36(2)(b) amended by been entered into, an amount in respect of No. 15/1987 insurance against loss of the security interest s. 31(1)(c). of the mortgagee in any goods subject to the mortgage by reason of section 7 of the exceeding an Chattel Securities Act 1987 amount calculated by applying the prescribed rate for title insurance in relation to goods of that class; or (c) an amount in respect of the discharge of a liability of the debtor to the credit provider under a regulated contract that exceeds the amount of the net balance due to the credit provider calculated in accordance with section 103 immediately before the discharge of the liability. (2A) Subject to subsection (2B), a loan contract is not S. 36(2A) inserted by to be taken to be not in accordance with this No. 84/1997 section only because, in relation to the whole or s. 14. any part of the credit charge, it includes a statement of an estimated credit charge that is greater than that required or permitted to be stated under this Part (including section 79). (2B) Subsection (2A) applies only if the amount of the S. 36(2B) inserted by credit charge paid or to be paid under the contract No. 84/1997 is not greater than the amount that would have s. 14. been required to be paid had the estimated credit
(i) a statement whether any mortgage relating to the contract has been or is agreed to be entered into. s. 36 (2) A credit provider shall not include in the amount financed under a loan contract— (a) an amount payable by the debtor to the credit provider in respect of a risk under a contract of insurance other than a risk specified in clause 1(b) of Schedule 4; S. 36(2)(b) amended by No. 15/1987 s. 31(1)(c). (b) where a mortgage relating to the contract has been entered into, an amount in respect of insurance against loss of the security interest of the mortgagee in any goods subject to the mortgage by reason of section 7 of the Chattel Securities Act 1987 exceeding an amount calculated by applying the prescribed rate for title insurance in relation to goods of that class; or (c) an amount in respect of the discharge of a liability of the debtor to the credit provider under a regulated contract that exceeds the amount of the net balance due to the credit provider calculated in accordance with section 103 immediately before the discharge of the liability. S. 36(2A) inserted by No. 84/1997 s. 14. (2A) Subject to subsection (2B), a loan contract is not to be taken to be not in accordance with this section only because, in relation to the whole or any part of the credit charge, it includes a statement of an estimated credit charge that is greater than that required or permitted to be stated under this Part (including section 79). S. 36(2B) inserted by No. 84/1997 s. 14. (2B) Subsection (2A) applies only if the amount of the credit charge paid or to be paid under the contract is not greater than the amount that would have been required to be paid had the estimated credit
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