(1) A credit-sale agreement shall—
(a) be in writing in the prescribed form;
(b) be printed in type of a size no smaller than the type known as nine-point Times Roman;
(c) be made and signed by the buyer and by or on behalf of all other parties to the credit-sale agreement;
(d) subject to section 6, contain a statement of—
(i) the total purchase price,
(ii) the cash price of the goods to which the credit-sale agreement relates,
(iii) the amount of each of the installments by which the total purchase price is to be paid,
(iv) the date, or the method of determining the date, on which each installment is payable,
(v) the number of installments,
(vi) all other costs associated with the credit-sale agreement,
(vii) where applicable, the rate of interest charged and the rate per cent per annum and the conditions under which the rate per cent per annum may be charged,
(viii) a description of the goods to which the credit-sale agreement relates sufficient to identify such goods;
(e) contain in a prominent position the words “A Credit-Sale Agreement”.
(2) A credit-sale agreement or any contract of guarantee relating to the credit-sale agreement and any security given by the buyer in respect of money payable under the credit-sale agreement or contract of guarantee shall not be enforceable unless the requirements specified in subsection (1) are complied with.