Part IV Seeking Business

Miscellaneous

52 Quotations.

1

Regulations may be made—

a

as to the form and content of any document (a “quotation ”) by which a person who carries on a consumer credit business or consumer hire business, or a business in the course of which he provides credit to individuals secured on land, gives prospective customers information about the terms on which he is prepared to do business;

b

requiring a person carrying on such a business to provide quotations to such persons and in such circumstances as are prescribed.

2

Regulations under subsection (1)(a) may in particular contain provisions relating to quotations such as are set out in relation to advertisements in section 44.