Optimum quantity of loan
18. (1) No payday loan provider shall produce a loan that is payday an individual in a sum this is certainly higher than 25 % of,
(a) the net wages that the individual will get on their next regularly recurring pay time that falls following the time the mortgage is created; or
(b) the income that is net the individual will get from another supply in the next regularly recurring day for getting that income that falls following the time the mortgage is created.