Acts and Regulations

C-28.3 - Cost of Credit Disclosure and Payday Loans Act

Full text
Application for licence or renewal of licence
2008, c.3, s.1
37.13(1)A person may apply to the Director, on a form provided by the Director, for
(a) a licence authorizing the person to offer, arrange or provide payday loans at a location specified on the licence or Internet payday loans from a website specified on the licence, or
(b) a renewal of a licence.
37.13(1.1)An application for a licence must specify
(a) the location from which the applicant wishes to offer, arrange or provide payday loans, or
(b) the website from which the applicant wishes to offer, arrange or provide Internet payday loans.
37.13(2)A person who wishes to offer, arrange or provide payday loans at more than one location shall apply for a separate licence for each location.
37.13(3)When applying for a licence or a renewal of a licence, the applicant shall provide the information or documents required by this section, the regulations, the application form and any other information or documents that the Director may require.
37.13(4)Before a licence is issued or renewed by the Director, the applicant shall pay the licence fee or licence renewal fee specified in the regulations.
2008, c.3, s.1; 2014, c.31, s.1