91Informing debtor of rights

91 Informing debtor of rights

For subsection 136(2) of the Code, the information given by the credit provider to the debtor must be: (a) a written statement in accordance with Form 15; and (b) given to the debtor within 21 days after the termination of the tied loan contract or the tied continuing credit contract.

Note 1: Subsection 136(1) of the Code provides for the termination of a linked maintenance services contract if a credit contract is terminated.

Note 2: Subsection 136(2) of the Code requires the credit provider in that case to inform the debtor in accordance with the regulations of the debtor’s rights under section 136.