P-40.1, r. 3 - Regulation respecting the application of the Consumer Protection Act

Full text
61.0.15. A contract involving credit other than an instalment sale contract must comply with the following standard contract and provide as many lines as necessary to meet all the requirements:
CONTRACT INVOLVING CREDIT OTHER THAT AN INSTALMENT CONTRACT (where applicable, add HIGH-COST at the beginning)
(CONSUMER PROTECTION ACT, S. 150)
Date: ............................................................................
                 (date on which contract is entered into)
Place: .............................................................................
                  (place where contract is entered into)
....................................................................................
                            (name of merchant)
....................................................................................
....................................................................................
                          (address of merchant)
....................................................................................
(where applicable, technological address of merchant)
....................................................................................
(Where applicable, the merchant’s permit number)
....................................................................................
                           (name of consumer)
....................................................................................
....................................................................................
                         (address of consumer)
Description of the object of the contract ....................................................
1.(a) Cash sale price of the goods or service $........... 
 (b) Installation, delivery and other costs $........... 
2.(a) Total cash price  $===========
 (b) Cash payment  $...........
3.(a) Balance — Net capital $===========
 (b) Interest $...........
 (c) Other components of the credit charges $........... 
4.Total of credit charges for
the term of the contract
 $===========
5.Consumer’s total obligation  
Credit rate........... % 
The term of this contract is ………………………………………
Date on which the credit charges begin to accrue (or how that date is determined):
………………………………………………………………………………..
The consumer’s total obligation is payable at ............. (address) in .............. deferred payments of $.............. on .............. day (number) of each consecutive month as of ............. (due date of the first payment) and a final payment of $.............. on ............. (due date of the last payment).
(Where applicable, mention the nature of any optional contracts, the charge for such contracts, or how it is determined and that the consumer has a right of resiliation with respect to such contracts.)
(Where applicable, mention the existence and the subject matter of any security given by the consumer to guarantee the performance of the consumer’s obligations.)
The merchant performs the merchant’s principal obligation when entering into this contract.
 ⃞ Yes
⃞ No
  
if “no”,
on ..............
(date of the performance of the merchant’s principal obligation)
  
994-2018O.C. 994-2018, s. 37.