36TMeaning of extended warranty agreement and related definitions

1. In this subpart,—

   extended warranty agreement means an agreement—

   1. that is entered into—
      1. between a consumer and a warrantor in relation to the purchase by the consumer of goods or services; and
      2. at, or at about, the same time as those goods or services are purchased; and
   2. under which the warrantor provides specific warranties, guarantees, or undertakings (either directly or through a third person) in relation to those goods or services; and
   3. for which the consumer pays a price that is separate from, or additional to, the price at which the goods or services are offered for sale

   warrantor means both—

   1. the supplier, if that person arranges or provides the extended warranty agreement; and
   2. if the extended warranty agreement is entered into directly between the consumer and a person other than the supplier (for example, an insurer or manufacturer), that other person.

Notes

• Section 36T: inserted, on 17 June 2014, by section 23 of the Fair Trading Amendment Act 2013 (2013 No 143).