18Payment for repairs

18 Payment for repairs

(1) Where the Corporation effects repairs in pursuance of subsection (2) of section 31 of the Act, the expenses thereby incurred, together with interest chargeable in accordance with the Act, shall be repayable by the purchaser or borrower by such weekly, fortnightly, or monthly instalments, and within such period, as the Corporation determines.

(2) The Corporation shall estimate the cost of the repairs prior to the repairs being effected, and shall notify the estimated cost to the purchaser or borrower.

(3) Any failure by the Corporation to notify the estimated cost of repairs to the purchaser or any notification of an estimated cost which is lower than the actual cost shall not relieve the purchaser or borrower from his liability to repay the expenses incurred in effecting the repairs, and the interest.