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Home > Government
Relations > Consumer Protection
Effective October 1, 2007 expiry dates on dollar-value
gift cards are prohibited, according to regulation 187/07 under the Consumer
Protection Act.
An expiry date on a card purchased on September 30, 2007
will continue to be valid and apply if the retailer chooses to enforce
this expiry. The provisions apply to cards purchased on or after October
1, when the regulation took effect. The Ontario government's Ministry of Consumer and Business Services has announced that new consumer protection regulations have been filed under the Consumer Protection Act, 2002 (CPA). Regulations under the CPA came into force on July 30, 2005 The new regulations under the Consumer Protection Act 2002 focus on establishing fair business practices in the delivery of goods and services and transactions between businesses and consumers. Some of the changes include: • New rules around disclosure in consumer agreements of special interest to:
• New rules about consumer remedies to include cooling-off periods i.e. businesses that are now subject to cooling-off periods should review their contracts as well as their business practices to ensure they are ready to comply; • New rules about amendments, renewal or extensions to consumer agreements and contracts. Businesses should examine the list of the types of agreements and contracts that are covered in the regulations. Time share and vacation clubs seem to be a hot new trend in the accommodation sector. It will behove hotel and motel management that are in the time-share business to review the new regulations and seek legal counsel to ensure that their business practices conform. For example, any time share agreement can be cancelled by the purchaser within 10 days of signing and be subject to a full refund from the provider. For a complete set of the new regulations,visit www.e-laws.gov.on.ca.
Click on Regulations As Filed. From the menu
select 2005 (Updated June, 2007) |
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