Consolidated Statutes and Regulations Consolidated Statutes Consolidated Regulations Annual Statutes and Regulations Annual Statutes Annual Regulations Additional information Québec Official Publisher What’s new? Information note Policy of the Minister of Justice Laws: Amendments Laws: Provisions not in force Laws: Provisions brought into force Annual Statutes: PDF versions since 1996 Regulations: Amendments Annual Regulations: PDF versions since 1996 Court Decisions

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

Section 52
Disposition versions

Full text
52. The credit charges must be computed at the end of a payment period by multiplying the credit rate applicable under section 83 of the Act by the balance of the capital outstanding at the commencement of that payment period and, where applicable, of the credit charges outstanding at the commencement of that period, and by multiplying the product thus obtained by the fraction represented by the payment period in relation to 365.
However, a merchant may exact credit charges that are less than those computed in accordance with the first paragraph.
R.R.Q., 1981, c. P-40.1, r. 1, s. 52.
© Gouvernement du Québec