CM-A.2.8

Past version: Effective from 01 Jul 2011 to 31 Mar 2014
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The CBB requires that licensees only provide a new consumer facility (or renew, extend or otherwise modify an existing consumer facility) for an amount such that the counterparty's total monthly repayments on all his consumer finance commitments do not exceed 50% of his monthly gross income.

Amended: July 2011
October 2007