Acts and Regulations

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

Full text
Application for registration
7(1)The Director may register under this Part a credit grantor, lessor or credit broker who submits an application for registration and who meets the requirements for registration under this Part and the regulations.
7(2)An application for registration shall be made to the Director on a form provided by the Director and shall be accompanied by
(a) in the case of a credit grantor, copies of all documents used by the credit grantor in relation to the extension of credit,
(b) in the case of a lessor, copies of all documents used by the lessor in relation to the leasing of goods,
(c) in the case of a credit broker, copies of all documents used by the credit broker in relation to arranging, negotiating or facilitating or attempting to arrange, negotiate or facilitate an extension of credit,
(d) any other information or document that the Director may require or that is prescribed by regulation, and
(e) the fee prescribed by regulation.
7(3)The Director may refuse to register under this Part a credit grantor, lessor or credit broker who fails to meet the requirements for registration under this Part and the regulations.
2013, c.31, s.11
Application for registration
7(1)The Director may register under this Part a credit grantor, lessor or credit broker who submits an application for registration and who meets the requirements for registration under this Part and the regulations.
7(2)An application for registration shall be made to the Director on a form provided by the Director and shall be accompanied by
(a) in the case of a credit grantor, copies of all documents used by the credit grantor in relation to the extension of credit,
(b) in the case of a lessor, copies of all documents used by the lessor in relation to the leasing of goods,
(c) in the case of a credit broker, copies of all documents used by the credit broker in relation to arranging, negotiating or facilitating or attempting to arrange, negotiate or facilitate an extension of credit,
(d) any other information or document that the Director may require or that is prescribed by regulation, and
(e) the fee prescribed by regulation.
7(3)The Director may refuse to register under this Part a credit grantor, lessor or credit broker who fails to meet the requirements for registration under this Part and the regulations.
2013, c.31, s.11
Application for registration
7(1)The Minister may register under this Part a credit grantor, lessor or credit broker who submits an application for registration and who meets the requirements for registration under this Part and the regulations.
7(2)An application for registration shall be made to the Minister on a form provided by the Minister and shall be accompanied by
(a) in the case of a credit grantor, copies of all documents used by the credit grantor in relation to the extension of credit,
(b) in the case of a lessor, copies of all documents used by the lessor in relation to the leasing of goods,
(c) in the case of a credit broker, copies of all documents used by the credit broker in relation to arranging, negotiating or facilitating or attempting to arrange, negotiate or facilitate an extension of credit,
(d) any other information or document that the Minister may require or that is prescribed by regulation, and
(e) the fee prescribed by regulation.
7(3)The Minister may refuse to register under this Part a credit grantor, lessor or credit broker who fails to meet the requirements for registration under this Part and the regulations.