Consumer Protection Act - Finlex

Authority to issue ordersSection 21(1) If it is necessary to limit the granting of consumer credit in order to preventindebtedness detrimental to consumers, the Government may order that:(1) in granting lump-sum credit, at least a certain portion of the cash price ofcertain types of consumer goods or services or of consumer goods orservices with a price exceeding a certain cash price shall be charged beforedelivery of the goods or performance of the service;(2) it shall be agreed that the price in the lump-sum credit referred to insubparagraph (1) shall be paid in full within a certain maximum period atregular intervals and primarily by equal instalments; or that(3) in running account credit agreements it shall be agreed that at least acertain portion of the respective balance of the credit shall be paid atregular intervals.(2) If an order given on the basis of paragraph (1) has not been complied with, aterm in the agreement on retention of ownership or repossession of the goodssold on the basis of a breach of contract by the consumer shall be void.Section 22The Ministry of Trade and Industry may issue more detailed orders on theproviding of the information referred to in sections 6—11 and on the calculationof the annual percentage rate of charge.Supervision and sanctionsSection 23A business that violates the provisions of this chapter on marketing or onconsumer credit agreements or the provisions issued on the basis of section 21or 22 may, if this is necessary for consumer protection, be enjoined fromcontinuing such measures or repeating these or comparable measures. Theissuing of the injunction and its enforcement by the threat of a fine shall begoverned by the provisions of chapters 2 and 3.47