Investor Presentaiton

[Rev. 2016] No. 46 of 2012 Consumer Protection (2) Despite subsection (1), a court may order that a consumer is bound by all or a portion or portions of a consumer agreement, even if the agreement has not been made in accordance with this Act or the Regulations, if the court determines that it would be inequitable in the circumstances for the consumer not to be bound. (3) The provisions of this section shall not apply to those agreements made before the coming into force of this section. 78. Cancellation of consumer agreement (1) If a consumer has a right to cancel a consumer agreement under this Act, the consumer may cancel the agreement by giving notice in accordance with section 76. (2) The cancellation takes effect when the consumer gives notice. 79. Effect of cancellation (1) The cancellation of a consumer agreement in accordance with this Act operates to cancel, as if they never existed- (a) the consumer agreement; (b) all related agreements; (c) all guarantees given in respect of money payable under the consumer agreement; (d) all security given by the consumer or a guarantor in respect of money payable under the consumer agreement; and (e) all credit agreements, as defined in Part VII, and other payment instruments, including promissory notes― (i) (ii) extended arranged or facilitated by the person with whom the consumer reached the consumer agreement; or otherwise related to the consumer agreement. (2) The provisions of this section shall not apply to those agreements made before the coming into force of this section. 80. Obligations on cancellation (1) If a consumer cancels a consumer agreement, the supplier shall, unless the contrary is provided for in the agreement, in accordance with the prescribed requirements- (a) refund to the consumer any payment made under the agreement or any related agreement; and (b) return to the consumer in a condition substantially similar to when they were delivered all goods delivered under a trade-in arrangement or refund to the consumer an amount equal to the trade- in allowance. (2) Upon canceling a consumer agreement, the consumer, in accordance with the prescribed requirements and in the prescribed manner, shall permit the goods that came into the consumer's possession under the agreement or a related agreement to be repossessed, shall return the goods or shall deal with them in such manner as may be prescribed. (3) If a consumer cancels a consumer agreement, the consumer shall take reasonable care of the goods that came into the possession of the consumer under the agreement or a related agreement for the prescribed period. 33

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