37D. — (1) A credit union shall not enter into a credit agreement with a member, unless the agreement and the notice referred to in section 37A(1) display prominently on their respective front pages, in a form approved by the Bank, the following information:

( a ) the amount of the loan;

( b ) the period of the agreement;

( c ) the number of repayment instalments;

( d ) the total amount repayable to the credit union;

( e ) the cost of the loan to the member;

( f ) the APR in respect of the loan;

( g ) particulars of the cooling-off period.

(2) A credit union that contravenes subsection (1) commits an offence. ]

F56 [ (3) This section does not apply to credit agreements covered by the European Communities (Consumer Credit Agreements) Regulations 2010. ]