P-40.1 - Consumer Protection Act

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126.1. In the case of a credit card contract, the minimum payment required for a period may not be less than 5% of the outstanding balance at the end of the period.
For the purposes of the first paragraph, any debt paid in instalments determined according to special terms and conditions is not included in the balance of the account.
2017, c. 242017, c. 24, s. 31.
See transitional provision, 2017, c. 24, s. 82.