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Chapter Law Content

Chapter Two - Consumer Interests
Section Three – Special Transactions
Article 16
(Deleted)
Article 17
When the goods received are damaged, lost or altered due to necessary inspection or matters not attributable to the consumers, consumers shall still be entitled the right to rescind the contract pursuant to Paragraph 1, Article 19 of the Act.
Article 18
Before receiving the goods or accepting the services, consumers shall be entitled to rescind the contract by giving written notification to the trader pursuant to Paragraph 1, Article 19 of the Act as well.
Article 19
(Deleted)
Article 20
(Deleted)
Article 21
Traders shall provide originals of the contract to each contracting parties pursuant to paragraph 1, Article 21 of the Act, in case guarantors are required by the contract, traders shall provide the same.
Article 22
“The amount of each installment” as referred in Subparagraph 2, Paragraph 2, Article 21 of the Act shall mean the installment payments with interest charges.
The interest rate set forth in an installment contract shall specify the method of calculation thereof and the amount of interest calculated by using the rate.
Other incidental charges shall be specified clearly in the installment contract and not be included into the installment payment for interest calculation purposes. The same provision shall be applied if traders agree to postpone the payment or let the consumer pay in installments.