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reg 24

Customer service code to specify interest and fees payable on overdue accounts

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Part 8Payment of Arrears

24 Customer service code to specify interest and fees payable on overdue accounts

A customer service code may specify –

the circumstances in which a fee, or interest, or both, may be imposed or charged by a regulated entity for a failure to pay a debt due and payable to the regulated entity; and the amount of that fee or interest.

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