Acts and Regulations

C-28.3 - Cost of Credit Disclosure and Payday Loans Act

Section 19
Disposition versions

Full text
Delivery of documents by credit grantors or lessors
19(1)Where a credit grantor or lessor is required under this Act to deliver a disclosure statement, statement of account, notice or other document to a borrower or lessee, any of the following methods may be used:
(a) personal delivery;
(b) ordinary mail;
(c) registered mail;
(d) prepaid courier;
(e) telephone transmission producing a facsimile; or
(f) with the consent of the borrower or lessee, any other method that allows the borrower or lessee to retain the disclosure statement, statement of account, notice or other document for future reference.
19(2)Where there is more than one borrower under a credit agreement or more than one lessee under a lease, the credit grantor or lessor may, with the consent of all the borrowers or lessees, deliver a disclosure statement, statement of account, notice or other document to any one of the borrowers or lessees.
19(3)Subsection (2) does not apply to a notice or other document prescribed by regulation.
19(4)Where the consent referred to in subsection (2) is given and delivery of a disclosure statement, statement of account, notice or other document is made to one of the borrowers under the credit agreement or one of the lessees under the lease, any other borrower under the credit agreement or any other lessee under the lease may request a separate disclosure statement, statement of account, notice or other document, and the credit grantor or lessor shall provide it free of charge within 30 days after the request.
Delivery of documents by credit grantors or lessors
19(1)Where a credit grantor or lessor is required under this Act to deliver a disclosure statement, statement of account, notice or other document to a borrower or lessee, any of the following methods may be used:
(a) personal delivery;
(b) ordinary mail;
(c) registered mail;
(d) prepaid courier;
(e) telephone transmission producing a facsimile; or
(f) with the consent of the borrower or lessee, any other method that allows the borrower or lessee to retain the disclosure statement, statement of account, notice or other document for future reference.
19(2)Where there is more than one borrower under a credit agreement or more than one lessee under a lease, the credit grantor or lessor may, with the consent of all the borrowers or lessees, deliver a disclosure statement, statement of account, notice or other document to any one of the borrowers or lessees.
19(3)Subsection (2) does not apply to a notice or other document prescribed by regulation.
19(4)Where the consent referred to in subsection (2) is given and delivery of a disclosure statement, statement of account, notice or other document is made to one of the borrowers under the credit agreement or one of the lessees under the lease, any other borrower under the credit agreement or any other lessee under the lease may request a separate disclosure statement, statement of account, notice or other document, and the credit grantor or lessor shall provide it free of charge within 30 days after the request.