P-40.1 - Consumer Protection Act

Full text
98. If the parties to a contract of credit wish to amend certain provisions of the contract and if the credit rate or the credit charges are thereby increased, they must execute a new contract containing
(a)  the identification of the original contract;
(b)  the amount exacted from the consumer to discharge, before maturity, his obligation under the original contract;
(c)  the net capital, the credit charges and the credit rate; and
(d)  the amount of the consumer’s total obligation and the terms and conditions of payment.
1978, c. 9, s. 98.