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=S=> BGB 492. 2 The effective annual rate of interest is the total charge per annum , to be expressed as a percentage of the net loan amount . The effective and the initial effective annual rate of interest are calculated in compliance with section 6 of the Statutory Order on Price Quotation [ Verordnung zur Regelung der Preisangaben ] .
=S=> BGB 492. 3 The lender must supply to the borrower a copy of the contract declarations .
=S=> BGB 492. 4 Subsections ( 1 ) and ( 2 ) also apply to a power of attorney granted by a borrower to enable the attorney to enter into a consumer loan contract . Sentence 1 does not apply to a power of attorney for legal proceedings and a power of attorney notarially recorded .
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