Document ID: chunk:federal_register_of_legislation:F2024C00882:reg:71:p3
Version: federal_register_of_legislation:F2024C00882
Segment Type: reg
Provision Reference: reg 71 (pt 3/3)
Character Range: 319335–320055

accordance with Part 10 of the Code must include a warning that the comparison rate is accurate only for the example given.
 (13) A warning under this regulation must be given immediately after the comparison rate is given.
Note 1: Subsection 16(3) of the Code provides that the credit provider may inform the debtor of the comparison rate before entering into the contract.
Note 2: Part 10 of the Code provides that a person who publishes an advertisement about the availability of credit may include in the advertisement the comparison rate. If the credit provider or person does so, the comparison rate must be calculated as prescribed by the regulations and be accompanied by the warnings set out in the regulations.