(1) The loss exposure on outstanding loans at the end of the fiscal year, shall be calculated in accordance with Schedule 3.
(2) For the purpose of these Regulations “overdue loans” means personal, mortgage or other types of loans on which the member is in default for more than 90 days on a payment of principal or interest according to any agreement he or she has with the credit union.
(Substituted by S.I. 72/2001)