Acts and Regulations

2013, c.30 - Financial and Consumer Services Commission Act

Full text
Ongoing hearings
2023, c.6, s.1
84.5(1)On and after the commencement of this section, the Financial and Consumer Services Tribunal or a hearing panel abolished under subsection 84.1(1) shall complete any hearing that it began before the commencement of this section despite that the Tribunal would hold the hearing if it was begun after the commencement of this section.
84.5(2)Subject to subsection (6), a hearing referred to in subsection (1) shall be completed in accordance with the law as it existed immediately before the commencement of this section.
84.5(3)If the Financial and Consumer Services Tribunal or a hearing panel abolished under subsection 84.1(1) completes a hearing referred to in subsection (1), its members shall be compensated in accordance with the law as it existed immediately before the commencement of this section.
84.5(4)A decision, order, temporary order or direction made or action taken under subsection (1) by the Financial and Consumer Services Tribunal or a hearing panel abolished under subsection 84.1(1) shall be deemed to be a decision, order, temporary order or direction made or action taken by the Tribunal.
84.5(5)Despite subsection (1), on and after the commencement of this section, the Minister of Finance and Treasury Board may direct the Tribunal to complete a hearing referred to in subsection (1).
84.5(6)A hearing completed under subsection (5) shall be conducted in accordance with the procedures with respect to hearings held by the Tribunal.
2023, c.6, s.1