Requirements for loan brokering agreements
 44. (1) For the purpose of section 49 of the Act, a consumer agreement for loan brokering shall be signed by the consumer and the loan broker and shall set out the following information: 1.  The name of the consumer. 2.  The name of the loan broker and, if different, the name under which the loan broker carries on business. 3.  The telephone number of the loan broker, the address of the premises from which the loan broker conducts business, and information respecting other ways, if any, in which the loan broker can be contacted by the consumer, such as the fax number and e-mail address of the loan broker. 4.  The names of, i.  the person, if any, who solicited the consumer in connection with the agreement, ii.  the person, if any, who negotiated the agreement with the consumer, and iii.  the person who concluded the agreement with the consumer. 5.  An itemized list of the services and goods that the loan broker is to supply to the consumer, that fairly and accurately describes each service and good and that includes, i.  if known, the names of the persons from whom the loan broker will attempt to obtain credit or a loan of money for the consumer, and ii.  the amount of the credit or loan of money that the loan broker will attempt to obtain for the consumer. 6.  As applicable, the date or dates on which delivery, commencement of performance, ongoing performance and completion of performance are to occur. 7.  The date by which the consumer is to receive the credit or the loan of money. 8.  The total amount payable by the consumer to the loan broker and the terms and methods of payment. 9.  The portion, expressed in dollars and cents, of the total amount payable that is attributable to each service or good to be supplied under the agreement. 10.  The statement set out in subsection (2), i.  which shall be in at least 10 point type, except for the heading which shall be in at least 12 point bold type, and ii.  which shall appear on the first page of the agreement, unless there is a notice on the first page of the agreement in at least 12 point bold type indicating where in the agreement the statement appears. 11.  The date on which the agreement is entered into. 12.  If the agreement includes a trade-in arrangement, a description of the trade-in arrangement and the amount of the trade-in allowance. 13.  The currency in which amounts are expressed, if it is not Canadian currency. 14.  Any other restrictions, limitations and conditions that are imposed by the loan broker.  O. Reg. 17/05, s. 44 (1). (2) The statement mentioned in paragraph 10 of subsection (1) is as follows: Your Rights under the Consumer Protection Act, 2002 You may cancel this agreement at any time during the period that ends ten (10) days after the day you receive a written copy of the agreement.  You do not need to give the loan broker a reason for cancelling during this 10-day period. In addition, there are grounds that allow you to cancel this agreement.  You may also have other rights, duties and remedies at law.  For more information, you may contact the Ministry of Consumer and Business Services. To cancel this agreement, you must give notice of cancellation to the loan broker, at the address set out in the agreement, by any means that allows you to prove the date on which you gave notice.  If no address is set out in the agreement, use any address of the loan broker that is on record with the Government of Ontario or the Government of Canada or is known by you. It is an offence for the loan broker to require or accept payment or security for payment before you receive the credit or the loan of money that the loan broker is assisting you to obtain.  If, before you receive the credit or the loan of money, the loan broker requires or accepts payment, or security for payment, from you, you may, within one (1) year after the date of providing the payment or security, demand that it be returned. If you cancel this agreement, the loan broker has fifteen (15) days to refund any payment you have made and return to you all goods delivered under a trade-in arrangement (or refund an amount equal to the trade-in allowance). O. Reg. 17/05, s. 44 (2).