Acts and Regulations

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

Section 58
Disposition versions

Full text
False advertising
Repealed: 2016, c.40, s.1
2016, c.40, s.1
58Repealed: 2016, c.40, s.1
2013, c.31, s.11; 2016, c.40, s.1
False advertising
58The Director may order the immediate cessation of the use of any advertisement published by or on behalf of a credit grantor, lessor or credit broker which, in the opinion of the Director,
(a) in the case of a credit grantor, contains false, misleading or deceptive statements relating to the extension of credit,
(b) in the case of a lessor, contains false, misleading or deceptive statements relating to the leasing of goods,
(c) in the case of a credit broker, contains false, misleading or deceptive statements relating to arranging, negotiating or facilitating or attempting to arrange, negotiate or facilitate an extension of credit, or
(d) is in violation of or fails to comply with this Act or the regulations.
2013, c.31, s.11
False advertising
58The Director may order the immediate cessation of the use of any advertisement published by or on behalf of a credit grantor, lessor or credit broker which, in the opinion of the Director,
(a) in the case of a credit grantor, contains false, misleading or deceptive statements relating to the extension of credit,
(b) in the case of a lessor, contains false, misleading or deceptive statements relating to the leasing of goods,
(c) in the case of a credit broker, contains false, misleading or deceptive statements relating to arranging, negotiating or facilitating or attempting to arrange, negotiate or facilitate an extension of credit, or
(d) is in violation of or fails to comply with this Act or the regulations.
2013, c.31, s.11
False advertising
58The Minister may order the immediate cessation of the use of any advertisement published by or on behalf of a credit grantor, lessor or credit broker which, in the opinion of the Minister,
(a) in the case of a credit grantor, contains false, misleading or deceptive statements relating to the extension of credit,
(b) in the case of a lessor, contains false, misleading or deceptive statements relating to the leasing of goods,
(c) in the case of a credit broker, contains false, misleading or deceptive statements relating to arranging, negotiating or facilitating or attempting to arrange, negotiate or facilitate an extension of credit, or
(d) is in violation of or fails to comply with this Act or the regulations.