P-40.1 - Consumer Protection Act

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150.2. For the purposes of this Act, a contract of lease of goods which provides for a leasing period of four months or more is a long-term contract.
A contract which provides for a leasing period of less than four months is deemed to be a long-term contract where the period may be extended to a period of four months or more by way of a clause of renewal or continuation or another agreement to the same effect.
1991, c. 24, s. 3.