Related provisions for BIPRU 4.3.59

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To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004 (From field only).

The following provisions also apply with respect to the definition of default:(1) for overdrafts, days past due commence once an obligor has breached an advised limit, has been advised a limit smaller than current outstandings, or has drawn credit without authorisation and the underlying amount is material;(2) an advised limit means a limit which has been brought to the knowledge of the obligor;(3) days past due for credit cards commence on the minimum payment due date;(4) in