Hong Kong Regulations

LEGAL AID (CHARGE ON PROPERTY)(RATE OF INTEREST) REGULATION - SECT 2

Interpretation

In this Regulation— "BLR" (最優惠利率), in relation to a day, means the
arithmetic mean of the best lending rate quoted by each note-issuing bank on
that day;

"HKDISR" (港元利息結算率), in relation to a quotation day, means the
12-month Hong Kong Dollar Interest Settlement Rate quoted by The Hong Kong
Association of Banks in respect of that day;

"interest period" (利率期) means any 12-month period commencing on 1 June
in a year;

"Monthly BLR" (當月最優惠利率), in relation to a month, means the
arithmetic mean of the BLR on all days within that month;

"Monthly HKDISR" (當月港元利息結算率), in relation to a month, means
the arithmetic mean of the HKDISR on all quotation days within that month;

"note-issuing bank" (發鈔銀行) has the meaning assigned to it in section 2
of the Legal Tender Notes Issue Ordinance ( Cap 65);

"quotation day" (公布日) means a day on which The Hong Kong Association of
Banks makes a quotation for the 12-month Hong Kong Dollar Interest Settlement
Rate in respect of that day. "BLR" (最優惠利率)

"HKDISR" (港元利息結算率)

"interest period" (利率期)

"Monthly BLR" (當月最優惠利率)

"Monthly HKDISR" (當月港元利息結算率)

"note-issuing bank" (發鈔銀行)

"quotation day" (公布日)