Legislative Dictionary - E

Judicial Dictionary


Legislative Dictionary


Excessive

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CategoryE
TitleExcessive
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 OnJune 28, 2011, 10:04 AM
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