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

Section 67 Disposition versions

2012-09-01

67. The statement of account prescribed in sections 65 or 66 must indicate the following information:

(a)  the date of the statement of account;

(b)  the balance of net capital at the date the contract was entered into or at the date of the preceding statement of account, as the case may be;

(c)  the sum required of the consumer to discharge his total obligation on the date of the preceding statement of account;

(d)  the date, nature and amount of each sum of money paid into the consumer’s account since the contract was entered into or since the date of the preceding statement of account, as the case may be;

(e)  the balance of net capital after each sum of money thus paid into the consumer’s account;

(f)  for each sum of money paid into the consumer’s account, the portion used to pay the net capital and the portion used to pay credit charges; and

(g)  the sum required from the consumer to discharge his total obligation on the date of the statement of account or, upon the consumer’s request, on the date determined by him.

However, in the case of a contract entered into before 10 September 1980, the statement of account can only indicate:

(a)  the date of the statement of account;

(b)  the amount required for payment of the consumer’s obligation; and

(c)  the manner in which such amount was calculated.

R.R.Q., 1981, c. P-40.1, r. 1, s. 67.