(1) For the purposes of section 199(2) of the Act, interest payments are not to be included in the credit union's income where the interest payment is with respect to a doubtful loan for which an allowance has been made under regulation 29.
(2) Subject to subregulation (3), a credit union may include in its income a maximum of 3 months accrued interest with respect to a loan.
(Amended by S.I. 72/2001)