The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

me TI Fund to protect deposit on cars An industry financed compensa- tion fund will safeguard the deposits and downpayments consumers make with the province's motor vehicle dealers after October 1, 1986 according to Ontario's Consumer Minister Monte Kwinter. The fund will reimburse con- sumers who are unable to recover downpayments or deposits on vehicles not delivered because of dealer insolvency or bankruptcy. Mr. Kwinter said the fund will cover individual claims up to $10,000 and will offer consumers con- siderably more protection than the $5,000 bond dealers have been re- quired to post by the Motor Vehicle Dealers Act. "As a result of inflation and the state of economy, a $5,000 bond is no longer sufficient to meet potential claims," he said. '"The compensation fund will pro- vide a maximum protection of $10,000 on each claim against a fail- ed dealership. Bonding only provid- ed a total of $5,000 which had to be shared by all claiments. After Oct. 1, 1986, consumers who have dealt with a registered dealer may claim against the fund to recover deposits on undelivered motor vehicles; settle unsatisfied court judgements based on a trade- in of a motor vehicle and recover proven claims against a dealer who has gone bankrupt or been con- victed of an offence involving fraud, theft or false pretenses. Consumer protection provided by the fund will also allow dealers to sell their own extended warranty plans. The fund will reimburse con- 'sumers who have purchased an ex- tended warranty contract from a dealership which fails. The premium amounts outstanding on warranty contracts will be reim- bursed, and repairs may be covered by the compensation plan once the consumer obtains a judgement against the dealer. Currently, dealers are prohibited from selling warranty plans because they are judged to be a form of insurance which individual dealers may not be in a position to back financially. The estimated 6,000 motor vehicle dealers in Ontario will be required to pay into the fund as a condition of registration. It has been calculated that a one-time contribu- tion of $300 by each registered dealer will generate $1.8 million and create a self sustaining fund. The fund will be held in trust and administered by a board of trustees. Mr. Kwinter said that the Ontario motor vehicle retailing industry has given its support to the compensa- tion fund. Chatterbox (continued) (From page 4) treated that way, I asked myself time and time again as I poured through the book. And yet, with each turn of the page, the answers grew clearer and clearer. Like Hefner himself, they were part of a myth. Bunny, the book, ex- poses that myth, and as far as I'm concerned, it's must reading for anybody who reads Playboy magazine -- and thinks, even minutely, that the myth is true. i : | PORT PERRY STAR -- Tuesday, March 4, 1986 -- 7 End-of-Winter Snow Scoops Reg. 2960... 21.95 Bagged Coal Reg. 8.25 24" Aluminum Scraper Reg. 18.95 12.95 HARD & SOFT - 45 Ib. bag Cr, 6.95 Hot & Cold Water Pipe Wrap FIBREGLAS PINK 18" Steel Scraper Reg 1035... : REG. 1.20 wor 89 INSULATION Hand Ice Scraper Reg 205... 1.49 Firewood Holders reg. 4429. 31.95 RIZXIG +50 52, caro Furnace Filters each 1.10 Snow Fence 50 Rolls - 5 wire... NeT 27.95 1 8 95 R20x15 - 50 sq.ft. carton v PINE & OAK | X ANWMVERSARY 8 manos | 17.95 H CE yr a || bi h Available in our Showroom! =r RS = 2, - RED OAK - COLUMN-STYLE PREMIUM QUALITY LATEX PANT 1 2G init1.75 | SUMP PUMP 1X8 ooo. lin.ft.2.45 59 2X6... lin. it.4. 10 /76 AND CEILINGS THOUSANDS OF BEAUTIFUL 2x8. E----. 1in.1£.95.50 WASHABLE COLOURS DRIES QUICKLY EASY WATER CLEAN UP ir REMIUM QUALITY RSD 5 CEDAR PACKAGE pg FOR KITCHENS, BATHROOMS, TRIM i a HARDWOOD | PANEL i PLYWOOD by Canfor AVAILABLE HERE! 14.5 sq.ft. per pkg. Reg. 15.95 een | 10.95 VINYL FLOORING ~ Spring Clearout m-- STORM DOORS GREAT HARDWARE ASTRL. 2" SALE CONTINUES! | TRI-LITE STYLE Reg. 190. - White or Brown Double Bowl Stainless Steel Sink 79.99 159.95 14/2 Wire 75 motes. 26.99 |Z IITAN STYLE Electric Tape Large Rolls ................................ .. each .69 139. 95 2 Pc. Wessan Toilet... 69.99 Bedroom Light Fixture 4.99 LAST WEEK 12" Square (holds 2 - 60 watt bulbs) .........cocoooo...... » GR E AT B UYS 4' Double Florescent Fixture 19.99 IN OUR PLUMBING & A LARGE SELECTION OF ELECTRICAL TAPS AT GREAT SAVINGS FLYER. 11 VANEDWARD DRIVE - (OSHAWA ROAD) 2d PORT PERRY - ONTARIO - PHONE 985-7391 ROOF TRUSS DIVISION - PHONE 985-3121 ® COMPETITIVE PRICING ® QUALITY PRODUCTS ® QUALIFIED SERVICE