Queensland Consolidated Regulations Queensland Consolidated RegulationsFor the purposes of section 139(2) of the Code, the information given to the debtor by the credit provider is to be a written statement in form 10.
Note--
Section 139 of the Code provides that if a credit contract is terminated before the end of the term of a credit-related insurance contract over mortgaged property financed under the credit contract, the debtor may terminate the insurance contract and recover from the insurer a proportionate rebate of premium. Section 139(2) provides that a credit provider must inform the debtor, in accordance with the regulations, of the debtor's rights under section 139. The information is to be given on the termination of the credit contract.