Section 134 — Credit Contracts and Consumer Finance Act 2003: Right to set-off

134 Right to set-off (1) A creditor, lessor, or transferee may set-off any entitlement of a debtor, guarantor, lessee, or occupier to statutory damages or to an amount that must be paid to a debtor, guarantor, lessee, or occupier under an order made under section 93 against any amount otherwise owing by the debtor, guarantor, lessee, or occupier to the creditor, lessor, or transferee. (2) Subsection (1) is subject to any order of the Court.