If a loan-affiliated installment seller concludes a contract under which it will sell designated goods or designated rights or provide designated services in a way that involves a loan-affiliated installment sale as prescribed in Article 2, paragraph (2), item (i), the loan-affiliated installment seller must deliver a document to the purchaser or service recipient which makes clear the details of the contract with respect to the following matters, without delay, pursuant to the provisions of Order of the Ministry of Economy, Trade and Industry and Cabinet Office Order:
the total amount payable by the purchaser or service recipient (meaning the total price of goods or rights sold or services provided in a way that involves a loan-affiliated installment sale (including guarantee fees and other fees), and the interest on the loan connected with that loan-affiliated installment sale);
購入者又は役務の提供を受ける者の支払総額(ローン提携販売の方法により商品若しくは権利を販売し又は役務を提供する場合の価格(保証料その他の手数料を含む。)及びローン提携販売に係る借入金の利息の合計額をいう。)
the amount of the amortized repayments (meaning the amount of the loan to be repaid on each occasion in respect of the loan-affiliated installment sale (including the amount to be paid in interest); the same applies below);
分割返済金(ローン提携販売に係る各回ごとの借入金の返還分(利息の支払分を含む。)をいう。以下同じ。)の額
the timing and method of repayment in respect of the amortized repayments;
分割返済金の返済の時期及び方法
the timing for the delivery of the goods, the timing for the transfer of the rights, or the timing for the provision of the services;
商品の引渡時期若しくは権利の移転時期又は役務の提供時期
information about cancellation of the contract;
契約の解除に関する事項
if there are provisions concerning the transfer of ownership, their details; and
所有権の移転に関する定めがあるときは、その内容
matters specified by Order of the Ministry of Economy, Trade and Industry and Cabinet Office Order, beyond what is stated in the preceding items.
前各号に掲げるもののほか、経済産業省令・内閣府令で定める事項
If a loan-affiliated installment seller concludes a contract under which it will sell designated goods or designated rights or provide designated services in a way that involves a loan-affiliated installment sale as prescribed in Article 2, paragraph (2), item (ii), the loan-affiliated installment seller must deliver a document to the purchaser or service recipient which makes clear the details of the contract with respect to the following matters, without delay, pursuant to the provisions of Order of the Ministry of Economy, Trade and Industry and Cabinet Office Order:
the amount of the loan engaged by the purchaser or service recipient under the contract for the loan-affiliated installment sale;
購入者又は役務の提供を受ける者の当該ローン提携販売の契約に係る借入金の額
the method of repayment in respect of the payment money;
弁済金の返済の方法
the timing of the delivery of the goods, the timing of the transfer of the rights, or the timing of the provision of the services;
商品の引渡時期若しくは権利の移転時期又は役務の提供時期
information about cancellation of the contract;
契約の解除に関する事項
if there are provisions concerning the transfer of ownership, their details; and
所有権の移転に関する定めがあるときは、その内容
matters specified by Order of the Ministry of Economy, Trade and Industry and Cabinet Office Order, beyond what is stated in the preceding items.
前各号に掲げるもののほか、経済産業省令・内閣府令で定める事項
loan-affiliated installment sale
「ローン提携販売」
Selling designated goods or rights (指定商品, 指定権利), or providing designated services (指定役務), to a user who has been given a card or similar means (カード等) and borrows the price, with the seller guaranteeing the user's loan (or having a professional guarantor do so), where the loan is repaid over two months or more in three or more installments, or in amounts worked out at set intervals from the total borrowed.
Defined inArticle 2, paragraph (2)· applies throughout the law
designated good
「指定商品」
Goods suited to being sold on standard terms that a Cabinet Order (政令) specifies.
Defined inArticle 2, paragraph (5)· applies throughout the law
designated service
「指定役務」
Except in Article 2, paragraph (6), Articles 35-3-61 and 35-3-62, and Articles 41 and 41-2, services provided for payment in transactions of people's everyday lives that a Cabinet Order (政令) specifies.
Defined inArticle 2, paragraph (5)
designated right
「指定権利」
A right to use facilities or to receive services, sold in transactions of people's everyday lives, that a Cabinet Order (政令) specifies.
Defined inArticle 2, paragraph (5)
loan-affiliated installment seller
「ローン提携販売業者」
A person whose business is loan-affiliated installment sales (ローン提携販売).
Short name set inArticle 29-2, paragraph (1)
amortized repayments
「分割返済金」
Each installment of repayment, including interest, of the money borrowed in a loan-affiliated installment sale (ローン提携販売).
Defined inArticle 29-3, paragraph (1), item (ii)
cancellation
解除
Ending a contract by one party's notice to the other, where the contract or the law gives that party a right to cancel (Civil Code, Article 540, paragraph (1)). The Civil Code lets a party cancel for the other's failure to perform: after a demand to perform within a reasonable time that is not met, unless what is still missing is minor (Article 541), or at once where performance has become wholly impossible, or the other party has clearly refused to perform, among other cases where performance clearly will not come (Article 542, paragraph (1)). On cancellation each party must put the other back in the position before the contract, and damages can still be claimed (Article 545, paragraphs (1) and (4)); a lease, though, ends only from then on (Article 620). Cancellation differs from rescission (取消し), after which the act is treated as void from the start (Article 121).
Written by AI using Civil Code, Arts. 121, 540, 541, 542, 545, 620 as a reference.