2.
A Member State may, in consultation with the Commission, exempt from the application of this Directive certain types of credit which fulfil the following conditions: they are granted at rates of charge below those prevailing in the market, and they are not offered to the public generally.
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Source: EUR-Lex (Cellar) · retrieved 2026-10-11 · Text as adopted (Official Journal); later amendments are not incorporated in this text.