Document ID: chunk:federal_register_of_legislation:F2024C00882:reg:26b
Version: federal_register_of_legislation:F2024C00882
Segment Type: reg
Provision Reference: reg 26B
Character Range: 151117–151847

26B  Credit guide of credit provider or lessor—information about mortgage managers and product designers
 (1) This regulation is made for the following provisions of the Act:
 (a) paragraph 126(2)(g) (credit guide of credit providers);
 (b) paragraph 149(2)(g) (credit guide of lessors).
 (2) If a licensee is likely to enter into a credit contract or consumer lease with a consumer as a result of a mortgage manager or a product designer providing credit assistance to the consumer, the licensee's credit guide must include the information in subregulation (3).
 (3) The licensee must include an explanation of the relationship between:
 (a) the licensee and the mortgage manager; or
 (b) the licensee and the product designer.