23 These Regulations apply to the renewal or ongoing administration of a credit agreement that was entered into before these Regulations came into force.
25 These Regulations come into force on September 1, 2001.
2 These Regulations apply to credit agreements, other than a credit agreement entered into
[...]
6 (1) For the purpose of subsection 480(1) of the Act, a company that grants credit must, in writing, provide the borrower with a disclosure statement that provides the information required by these Regulations to be disclosed.
(4) Any disclosure that is required to be made by a company under these Regulations must be made in language, and presented in a manner, that is clear, simple and not misleading.