Consumer Creditors' Conduct Act

CHAPTER 91

OF THE

REVISED STATUTES, 1989


NOTE - This electronic version of this statute is provided by the Office of the Legislative Counsel for your convenience and personal use only and may not be copied for the purpose of resale in this or any other form. Formatting of this electronic version may differ from the official, printed version. Where accuracy is critical, please consult official sources.

An Act Respecting the
Conduct of Consumer Creditors

Short title

1 This Act may be cited as the Consumer Creditors' Conduct Act. R.S., c. 91, s. 1.

Interpretation

2 In this Act,

Supervision of Act

3 This Act shall be under the general supervision of the Minister of Consumer Affairs. R.S., c. 91, s. 3.

Rules of conduct

4 No creditor shall

Offence and penalty

5 (1) Every person who violates or fails to comply with any provision of this Act and every director of a corporation who knowingly concurs in a violation or failure to comply with any provision of this Act is guilty of an offence and liable on summary conviction to a penalty of not more than two thousand dollars or to imprisonment for a term of not more than one year, or both.

Penalty on corporation

(2) Where a corporation is convicted of an offence under subsection (1) it is liable to a penalty of not more than twenty-five thousand dollars.

Time limit for prosecution

(3) A prosecution under this Section may be commenced within one year from the date on which the offence is committed. R.S., c. 91, s. 5.

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