Notice of cancellation and obligations on cancellation
2017, c.26, s.5
9.07(1)A debt settlement services agreement is cancelled under section 9.06 when the debtor gives a notice of cancellation in accordance with this section.
9.07(2)A debtor may give a notice of cancellation to a collection agency by
(a)
delivering it personally to the collection agency, or
(b)
sending it to the collection agency by registered mail, prepaid courier, telephone transmission producing a facsimile or any other method that permits the debtor to provide evidence of the cancellation.
9.07(3)A notice of cancellation that is given in accordance with paragraph (2)(b) shall be deemed to be given when it is sent.
9.07(4)Subject to subsections (2) and (3), a notice of cancellation is adequate if it indicates the intention of the debtor to cancel the debt settlement services agreement.
9.07(5)If a debt settlement services agreement is cancelled under section 9.06, within 15 days after the notice of cancellation has been delivered or sent, the collection agency shall refund the money received under the agreement to the debtor.