Having regard to the deliberation of the Council of Government dated January 16th, 2019, relating to the determination of the rate of wear – it has been amended.
For the year 2019, the average rate determined under the conditions referred to in the preceding article is set at:
- Discoveries: 17.53%
- Personal loans: 3.88%
- Mortgages: 2.19%
For companies and individual entrepreneurs:
- Discovered: 5.13% “.
Our Secretary of State, Our Director of Judicial Services and Our Minister of State are responsible, each for his own part, for the execution of this order.