Form of disclosure statements and statements of account
18(1)A credit grantor or lessor who is required to provide a disclosure statement or a statement of account under this Act shall ensure that the statement
(a)
is in writing, or, with the consent of the borrower or lessee, in any other form that allows the borrower or lessee to retain the statement for future reference,
(b)
contains the information required under this Act, and
(c)
expresses the information referred to in paragraph (b) clearly, concisely, in a logical order and in a manner that is likely to bring the information to the attention of the borrower or lessee.
18(2)A disclosure statement or a statement of account may be a separate document or part of another document.
Form of disclosure statements and statements of account
18(1)A credit grantor or lessor who is required to provide a disclosure statement or a statement of account under this Act shall ensure that the statement
(a)
is in writing, or, with the consent of the borrower or lessee, in any other form that allows the borrower or lessee to retain the statement for future reference,
(b)
contains the information required under this Act, and
(c)
expresses the information referred to in paragraph (b) clearly, concisely, in a logical order and in a manner that is likely to bring the information to the attention of the borrower or lessee.
18(2)A disclosure statement or a statement of account may be a separate document or part of another document.