Section 15: Advertisements subject to control.

(1) This section applies to any advertisement of any goods as being available for disposal by way of hire-purchase or credit-sale, if the advertisement includes one or more of the elements mentioned in subsection (2) of this section and is not an advertisement falling within subsection (3) of this section.
(2) The elements required by the provisions of this section are-
(a) an indication that a deposit is payable, consisting of or including either an indication of the amount of the deposit or an indication that it is a fraction specified in the advertisement, whether the amount of which it is a fraction is specified in the advertisement or not;
(b) words indicating that no deposit is payable;
(c) an indication of the amount of any one or more of the instalments payable.
(3) An advertisement of goods as being goods available for disposal by way of credit-sale is not an advertisement to which this section applies, notwithstanding that it includes one or more of the elements mentioned in subsection (2) of this section, if-
(a) it does not advertise any goods as being available for disposal by way of hire-purchase; and
(b) the terms of credit-sale set out in the advertisement are such that no single article could be disposed of in accordance with those terms at a total price exceeding ten naira.