8(1)The registration of a credit grantor remains in effect for the period of time prescribed by regulation unless the registration is withdrawn by the credit grantor, or is suspended or cancelled by the Director, in which case, at the time of the withdrawal, suspension or cancellation, the registration ceases to have effect and the credit grantor ceases to be registered under this Part.

8(2)Notwithstanding subsection (1), a credit grantor whose registration has been withdrawn, suspended or cancelled may, if the credit grantor does not extend any new credit, continue to collect accounts receivable owing to the credit grantor at the time of the withdrawal, suspension or cancellation and, for that purpose, may renew credit agreements and otherwise deal with credit transactions originating before the withdrawal, suspension or cancellation.

8(3)The registration of a lessor remains in effect for the period of time prescribed by regulation unless the registration is withdrawn by the lessor, or is suspended or cancelled by the Director, in which case, at the time of the withdrawal, suspension or cancellation, the registration ceases to have effect and the lessor ceases to be registered under this Part.

8(4)Notwithstanding subsection (3), a lessor whose registration has been withdrawn, suspended or cancelled may, if the lessor does not enter into any new leases, continue to collect accounts receivable owing to the lessor at the time of the withdrawal, suspension or cancellation and, for that purpose, may renew leases and otherwise deal with lease transactions originating before the withdrawal, suspension or cancellation.

8(5)The registration of a credit broker remains in effect for the period of time prescribed by regulation unless the registration is withdrawn by the credit broker, or is suspended or cancelled by the Director, in which case, at the time of the withdrawal, suspension or cancellation, the registration ceases to have effect and the credit broker ceases to be registered under this Part.

8(6)Notwithstanding subsection (5), a credit broker whose registration has been withdrawn, suspended or cancelled may, if the credit broker does not arrange, negotiate or facilitate or attempt to arrange, negotiate or facilitate an extension of new credit, collect accounts receivable owing to the credit broker at the time of the withdrawal, suspension or cancellation, and, for that purpose, may deal with brokerage transactions originating before the withdrawal, suspension or cancellation.

8(1)The registration of a credit grantor remains in effect for the period of time prescribed by regulation unless the registration is withdrawn by the credit grantor, or is suspended or cancelled by the Director, in which case, at the time of the withdrawal, suspension or cancellation, the registration ceases to have effect and the credit grantor ceases to be registered under this Part.

8(2)Notwithstanding subsection (1), a credit grantor whose registration has been withdrawn, suspended or cancelled may, if the credit grantor does not extend any new credit, continue to collect accounts receivable owing to the credit grantor at the time of the withdrawal, suspension or cancellation and, for that purpose, may renew credit agreements and otherwise deal with credit transactions originating before the withdrawal, suspension or cancellation.

8(3)The registration of a lessor remains in effect for the period of time prescribed by regulation unless the registration is withdrawn by the lessor, or is suspended or cancelled by the Director, in which case, at the time of the withdrawal, suspension or cancellation, the registration ceases to have effect and the lessor ceases to be registered under this Part.

8(4)Notwithstanding subsection (3), a lessor whose registration has been withdrawn, suspended or cancelled may, if the lessor does not enter into any new leases, continue to collect accounts receivable owing to the lessor at the time of the withdrawal, suspension or cancellation and, for that purpose, may renew leases and otherwise deal with lease transactions originating before the withdrawal, suspension or cancellation.

8(5)The registration of a credit broker remains in effect for the period of time prescribed by regulation unless the registration is withdrawn by the credit broker, or is suspended or cancelled by the Director, in which case, at the time of the withdrawal, suspension or cancellation, the registration ceases to have effect and the credit broker ceases to be registered under this Part.

8(6)Notwithstanding subsection (5), a credit broker whose registration has been withdrawn, suspended or cancelled may, if the credit broker does not arrange, negotiate or facilitate or attempt to arrange, negotiate or facilitate an extension of new credit, collect accounts receivable owing to the credit broker at the time of the withdrawal, suspension or cancellation, and, for that purpose, may deal with brokerage transactions originating before the withdrawal, suspension or cancellation.

8(1)The registration of a credit grantor remains in effect for the period of time prescribed by regulation unless the registration is withdrawn by the credit grantor, or is suspended or cancelled by the Minister, in which case, at the time of the withdrawal, suspension or cancellation, the registration ceases to have effect and the credit grantor ceases to be registered under this Part.

8(2)Notwithstanding subsection (1), a credit grantor whose registration has been withdrawn, suspended or cancelled may, if the credit grantor does not extend any new credit, continue to collect accounts receivable owing to the credit grantor at the time of the withdrawal, suspension or cancellation and, for that purpose, may renew credit agreements and otherwise deal with credit transactions originating before the withdrawal, suspension or cancellation.

8(3)The registration of a lessor remains in effect for the period of time prescribed by regulation unless the registration is withdrawn by the lessor, or is suspended or cancelled by the Minister, in which case, at the time of the withdrawal, suspension or cancellation, the registration ceases to have effect and the lessor ceases to be registered under this Part.

8(4)Notwithstanding subsection (3), a lessor whose registration has been withdrawn, suspended or cancelled may, if the lessor does not enter into any new leases, continue to collect accounts receivable owing to the lessor at the time of the withdrawal, suspension or cancellation and, for that purpose, may renew leases and otherwise deal with lease transactions originating before the withdrawal, suspension or cancellation.

8(5)The registration of a credit broker remains in effect for the period of time prescribed by regulation unless the registration is withdrawn by the credit broker, or is suspended or cancelled by the Minister, in which case, at the time of the withdrawal, suspension or cancellation, the registration ceases to have effect and the credit broker ceases to be registered under this Part.

8(6)Notwithstanding subsection (5), a credit broker whose registration has been withdrawn, suspended or cancelled may, if the credit broker does not arrange, negotiate or facilitate or attempt to arrange, negotiate or facilitate an extension of new credit, collect accounts receivable owing to the credit broker at the time of the withdrawal, suspension or cancellation, and, for that purpose, may deal with brokerage transactions originating before the withdrawal, suspension or cancellation.