Any calculation of the total charge for credit under the rules of the Consumer Credit Sourcebook ('CONC') for certain agreements secured on land1 must be made on the following assumptions:
-
(1) the assumption that the borrower will normally not be entitled to any income tax relief relating to the transaction2;
-
(2) the assumption that no assistance is given under the relevant
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Any calculation of the total charge for credit under the rules of the Consumer Credit Sourcebook ('CONC') for certain agreements secured on land1 must be made on the following assumptions:
-
(1) the assumption that the borrower will normally not be entitled to any income tax relief relating to the transaction2;
-
(2) the assumption that no assistance is given under the relevant
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