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National Consumer Credit Protection Regulations 2010
105Explanation about rights and obligations of consumer lessees
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#### 105 Explanation about rights and obligations of consumer lessees
(1) For subsection 175(1) of the Code, a statement must:
(a) be in writing; and
(b) be in accordance with Form 17.
(2) The statement may be in the form of a separate document or a part of the consumer lease document.
> Note: Section 175 of the Code requires a lessor under a consumer lease to give a lessee a statement in the form required by the regulations explaining the lessee’s rights and obligations.
> Note: The statement must be given within 14 days after entering into the lease.