(1) The debtor under a regulated consumer credit agreement is entitled at any time, by notice to the creditor and the payment to the creditor of all amounts payable by the debtor to him under the agreement and any amount which the creditor claims under section 95A(2) or section 95B(2) (less any rebate allowable under section 95), to discharge the debtor's indebtedness under the agreement.
(2) A notice under subsection (1) may embody the exercise by the debtor of any option to purchase goods conferred on him by the agreement, and deal with any other matter arising on, or in relation to, the termination of the agreement.
(3) The debtor under a regulated consumer credit agreement, other than an agreement secured on land, is entitled at any time to discharge part of his indebtedness by taking the steps in subsection (4).
(4) The steps referred to in subsection (3) are as follows -
(a) he provides notice to the creditor,
(b) he pays to the creditor some of the amount payable by him to the c
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