Seksyen 20

Akta ibu dipinda dengan menggantikan Jadual Keenam dengan jadual yang berikut:

“Sixth Schedule

[Section 30]

TERMS CHARGES

Where the terms charges are at a fixed or variable rate, the terms charges shall be calculated in accordance with the following formula:

Where

C represents the amount of terms charges expressed in ringgit and fractions of ringgit

R represents the terms charges calculated as an effective interest rate per centum per annum

T represents the number of scheduled payments per annum

N represents the total number of instalments for the hiring period

P represents the difference between the cash price of the goods comprised in the agreement and the amount of the deposit, together with—