(1) A supplier who, having no reasonable cause to believe that there is a right to payment, in the course of carrying on a business makes a demand for payment, or asserts a present or prospective right to payment, for what the supplier knows to be an unsolicited financial service supplied to a consumer commits an offence.
(2) A supplier who, having no reasonable cause to believe there is a right to payment, in the course of any business and with a view to obtaining payment for what the supplier knows to be an unsolicited financial service supplied to a consumer -
(a) threatens to bring legal proceedings, or
(b) places, or causes to be placed, the name of the consumer on a list of defaulters or debtors, or threatens to do so, or
(c) invokes, or causes to be invoked, any other collection procedure, or threatens to do so,
commits an offence.
(3) A consumer to whom an unsolicited financial service is supplied is under no obligation to pay for the service, unless the consumer has, either in
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