s 34
In forceDebtor to be given prescribed statement
Part IIIRegulated contracts
Division 1Credit sale contracts and loan contracts
34 Debtor to be given prescribed statement
(1)
Where a credit sale contract or a loan contract is made, the credit provider shall, not later than fourteen days after the contract is made, give to the debtor a statement in or to the effect of the form prescribed for the purposes of this section.
- 20 penalty units.
(2)
Subsection (1) does not apply if the credit provider, an agent of the credit provider or a supplier in relation to whom the credit provider is a linked credit provider gives to the debtor at or before the time when the credit sale contract or loan contract is made the statement referred to in that subsection.
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