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Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)

Art. 313

B. Ef­fect

I. In­terest

1. Li­ab­il­ity for in­terest

 

1 In nor­mal deal­ings, in­terest is pay­able on a fixed-term loan only where this has spe­cific­ally been agreed.

2 In com­mer­cial trans­ac­tions, in­terest is pay­able on fixed-term loans even where this has not been ex­pressly agreed.