Credit Act 1984

in relation to a credit sale contract or a loan contract in respect of which the annual percentage rate has not been disclosed to the debtor or has been so disclosed otherwise than in accordance with section 38, is a reference to the lowest percentage rate per annum that can be determined in accordance with that section in relation to the contract;

in relation to a credit sale contract or a loan contract under which the annual percentage rate has been disclosed in accordance with section 38, is a reference to the rate disclosed; and

in relation to a continuing credit contract, is a reference to the annual percentage rate within the meaning of section 55.