250 payday loan

Legislative Assembly of Ontario. Bill 193, Payday Advances Act

Legislative Assembly of Ontario. Bill 193, Payday Advances Act


Bill 193

An Act respecting pay day loans

Her Majesty, by along with the advice and permission associated with Legislative set up for the Province of Ontario, enacts the following:

Interpretation and Application


1. (1) In this Act,

«Minister» means the Minister of customer and company Services or such other person in the Executive Council to who management because of this Act is assigned beneath the Executive Council Act; («ministre»)

«officer» includes the seat and any vice-chair associated with the board of directors, the president and any vice-president, the assistant and associate secretary, the treasurer and treasurer that is assistant the overall supervisor and associate general supervisor associated with the business or a partner or basic manager and associate general supervisor of a partnership, virtually any specific designated as an officer by by-law or quality or just about any other person who does functions typically done by a person occupying such workplace; («dirigeant»)

«payday lender» means someone who is certified under this Act to help make loans that are payday («prГЄteur sur salaire»)

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