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An Act respecting loans that are payday
Her Majesty, by and with the advice and permission for the assembly that is legislative of Province of Ontario, enacts as follows:
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 for this Act is assigned beneath the Executive Council Act; (“ministre”)
“officer” includes the seat and any vice-chair for 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 assistant general supervisor associated with business or a partner or basic manager and associate general supervisor of the partnership, just about any individual designated being an officer by by-law or quality or just about any other person who does functions generally done by an individual occupying such workplace; (“dirigeant”)
“payday lender” means somebody who is certified under this Act to create loans that are payday (“prГЄteur sur salaire”)
“payday loan” means that loan of $3,000 or less with a term of 8 weeks or less; (“prГЄt sur salaire”)
“prescribed” means prescribed by the laws made under this Act; (“prescrit”)
“provincial offense” means an offense under an Act associated with the Legislature or under a regulation made beneath the authority of a Act for the Legislature; (“infraction provinciale”)
“Tribunal” means tribunal that is such is recommended or founded by the laws made under this Act fast cash payday loans Jeffersonville. (“Tribunal”)