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

Section 45.2
Disposition versions

Full text
45.2. A contract of lease with guaranteed residual value must contain, in addition to the clauses prescribed by section 69.4.1 and the clauses prescribed in sections 45.1 and 45.3 or 45.4, as the case may be, the following compulsory clause appearing on the first page of the contract in a box measuring 25 mm by 150 mm and having a 14-point upper-case title:
“IMPORTANT NOTICE
The consumer may be required to pay a large sum at the end of the contract if the value of the goods is less than the residual value mentioned in the contract.”.
O.C. 600-92, s. 5; O.C. 994-2018, s. 30.
45.2. A contract of lease with guaranteed residual value must contain, in addition to the clauses prescribed in Schedule 7.3 of the Act and the clauses prescribed in sections 45.1 and 45.3 or 45.4, as the case may be, the following compulsory clause appearing on the first page of the contract in a box measuring 25 mm by 150 mm and having a 14-point upper-case title:
“IMPORTANT NOTICE
The consumer may be required to pay a large sum at the end of the contract if the value of the goods is less than the residual value mentioned in the contract.”.
O.C. 600-92, s. 5.
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