§ 3-12. What the agreement must contain

The Financial Contracts Act (Finansavtaleloven)·LOV-2020-12-18-146

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The text of the law (unofficial translation)

§ 3-12. Requirements for the content of the agreement

(1) Information on terms that is to be given to the customer (kunde) under § 3-22 first paragraph before the agreement is entered into shall be considered part of the agreement insofar as the information is relevant to one or more of the agreed financial services (finansielle tjenester). The service provider (tjenesteyteren) shall ensure that the terms are included in the written agreement.
(2) For agreements under Chapter 4, 5 and 6, the service provider shall ensure that the written agreement contains information as referred to in the Anti-Money Laundering Act (hvitvaskingsloven) § 12 first paragraph when the customer is a natural person, and § 13 first paragraph when the customer is a legal person.
Source: Lovdata — Finansavtaleloven (the Financial Contracts Act) § 3-12

What does this mean?

The section says that the information on terms that the service provider was to give the customer before the agreement is considered part of the agreement as far as it is relevant. The service provider must also make sure that the terms are included in the written agreement.

For agreements under Chapters 4, 5 and 6, the written agreement must also include the information about the customer that the Anti-Money Laundering Act requires, with different provisions for natural persons and legal persons. The Anti-Money Laundering Act § 12 applies to customers who are natural persons and covers, among other things, name, national identity number or D number, and address.

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