25(1)Where a credit grantor or lessor invites a borrower or lessee to defer making a payment that would otherwise be due under a credit agreement or lease, the credit grantor or lessor shall clearly disclose in the invitation whether or not interest will accrue on the unpaid amount during the period during which payment is deferred.

25(2)Where an invitation referred to in subsection (1) does not state whether or not interest will accrue on the unpaid amount during the period during which payment is deferred, the credit grantor or lessor shall be deemed to waive the interest that would otherwise accrue during the period.