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National Consumer Credit Protection Regulations 2010
92Rebate of consideration
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#### 92 Rebate of consideration
For subsection 136(4) of the Code, the proportionate rebate of consideration is calculated using the formula:

where:
> C is the amount of the charges under the maintenance services contract financed under the credit contract.
> S is the number of whole months in the unexpired portion of the period for which maintenance was agreed to be provided.
> T is the number of whole months for which maintenance was agreed to be provided.
> Note 1: Subsection 136(1) of the Code provides that, if a debtor terminates a linked maintenance services contract because of the termination of the credit contract, the debtor is entitled to a proportionate rebate of consideration under the maintenance services contract.
> Note 2: Subsection 136(4) of the Code provides that the regulations may prescribe the manner of calculating that proportionate rebate of consideration.