Legislative Dictionary - E
Judicial Dictionary
Legislative Dictionary
Excessive
Category | E |
---|---|
Title | Excessive |
Details | "excessive" means in excess of that which the Court deems to be reasonable having regard to the risk incurred as it appeared, or must be taken to have appeared, to the creditor at the date of the loan. [See, section 3 (2)(a), the Usurious Loans Act, 1918 (Act No. X of 1918)]. |
Created On | June 28, 2011, 10:04 AM |
Hits | 326 |