314. The president may accept a voluntary undertaking from a person with the object of governing the relations between a merchant, or group of merchants, and consumers, in particular in order to determine the information to be given to consumers, the quality of the goods or services with which they are to be provided, standard contracts, methods of settling disputes or rules of conduct.
Where he believes that a person has contravened or is contravening any Act or regulation the application of which is supervised by the Office, the president may also accept a voluntary undertaking from that person to comply with the Act or regulation in question.
1978, c. 9, s. 314; 1992, c. 58, s. 5.