Acts and Regulations

2011, c.126 - Collection and Debt Settlement Services Act

Full text
Application
2(1)Subject to subsection (2), this Act does not apply to
(a) a member of the Bar of the Province of New Brunswick,
(a.1) assignees, custodians, liquidators, receivers, trustees or other persons licensed or acting under the Business Corporations Act, the Companies Act, the Judicature Act, the Bankruptcy and Insolvency Act (Canada) and the Winding-up and Restructuring Act (Canada), in respect of the provision of debt settlement services,
(b) an insurance agent licensed under the Insurance Act in respect of the collection of insurance premiums,
(c) a bank listed in Schedule I or II of the Bank Act (Canada), or its officials or employees, in respect of any business of the bank,
(d) a loan company or a trust company licensed under the Loan and Trust Companies Act, or its officials or employees, in respect of any business of the company,
(e) a credit union incorporated under the Credit Unions Act, or its officials or employees, in respect of any business of the credit union,
(f) any body corporate operated on a not-for-profit basis, in respect of any business of the body corporate, or
(g) any person or class of persons exempted from the application of this Act by an order of the Director made under subsection 2.1(1).
2(2)This Act applies to a member of the Bar of any province who carries on a collection agency in a name other than his or her own.
R.S.1973, c.C-8, s.8; 2017, c.26, s.3; 2023, c.2, s.165
Application
2(1)Subject to subsection (2), this Act does not apply to
(a) a member of the Bar of the Province of New Brunswick,
(a.1) assignees, custodians, liquidators, receivers, trustees or other persons licensed or acting under the Business Corporations Act, the Companies Act, the Judicature Act, the Bankruptcy and Insolvency Act (Canada) and the Winding-up and Restructuring Act (Canada), in respect of the provision of debt settlement services,
(b) an insurance agent licensed under the Insurance Act in respect of the collection of insurance premiums,
(c) a bank listed in Schedule I or II of the Bank Act (Canada), or its officials or employees, in respect of any business of the bank,
(d) a loan company or a trust company licensed under the Loan and Trust Companies Act, or its officials or employees, in respect of any business of the company,
(e) a credit union incorporated under the Credit Unions Act, or its officials or employees, in respect of any business of the credit union,
(f) any body corporate operated on a not-for-profit basis, in respect of any business of the body corporate, or
(g) any person or class of persons exempted from the application of this Act by an order of the Director made under subsection 2.1(1).
2(2)This Act applies to a member of the Bar of any province who carries on a collection agency in a name other than his or her own.
R.S.1973, c.C-8, s.8; 2017, c.26, s.3
Application
2(1)Subject to subsection (2), this Act does not apply to
(a) a member of the Bar of the Province of New Brunswick,
(b) an insurance agent licensed under the Insurance Act in respect of the collection of insurance premiums, or
(c) a chartered bank organized under the laws of Canada, or its officials or servants, in respect of any business of the bank.
2(2)This Act applies to a member of the Bar of any province who carries on a collection agency in a name other than his or her own.
R.S.1973, c.C-8, s.8
Application
2(1)Subject to subsection (2), this Act does not apply to
(a) a member of the Bar of the Province of New Brunswick,
(b) an insurance agent licensed under the Insurance Act in respect of the collection of insurance premiums, or
(c) a chartered bank organized under the laws of Canada, or its officials or servants, in respect of any business of the bank.
2(2)This Act applies to a member of the Bar of any province who carries on a collection agency in a name other than his or her own.
R.S.1973, c.C-8, s.8