Laws Information

法規資訊
Title: Consumer Protection Law
Am Date: 2005-02-05
Legislative History: Adding Articles 22-1 on 5 February 2005

Transaction

Amendment

Article 22-1
When engaging in transactions relating to credit with consumers, business operators must indicate in their advertisements the annual percentage rates of all the costs of borrowing over the term of the credit.
The scope of the “ costs of borrowing over the term of the credit ” and the methods of calculating the “annual percentage rates” as expressed in the previous paragraph are to be set by the competent authorities of each relevant industry.