Refusal to renew or cancellation or suspension
2008, c.3, s.1
37.21(1)The Director may refuse to renew or may cancel or suspend a payday lender’s licence
(a)
for any reason for which the Director may refuse to issue a licence under section 37.2,
(b)
if the payday lender fails to provide information or documents required by the Director or the regulations, or provides incomplete, false, misleading or inaccurate information to the Director,
(c)
if the payday lender contravenes or fails to comply with this Act or the regulations, or
(d)
if the payday lender contravenes or fails to comply with a term or condition of the licence.
37.21(2)The Director shall not refuse to renew nor cancel or suspend a licence without giving the licensee an opportunity to be heard.
2008, c.3, s.1; 2014, c.31, s.1; 2016, c.40, s.2