Acts and Regulations

95-57 - General

Full text
Deemed Damages
13(1)For the purposes of subsection 66(3) of the Act, the debtor, or the person named as debtor, shall be deemed to have suffered damages of not less than three hundred dollars.
13(2)For the purposes of subsection 66(4) of the Act, the secured party shall be deemed to have suffered damages of not less than three hundred dollars.