SOR-2010-21 Order Designating Alberta for the Purposes of the Criminal Interest Rate Provisions of the Criminal Code

Current to 2019-06-21 · last amended 2010-03-01

Contents
Provision

Whereas Alberta has legislative measures that protect recipients of payday loans and that provide for limits on the total cost of borrowing under a payday loan agreement;

Provision

And whereas the Lieutenant Governor in Council of Alberta has requested that the Governor in Council designate that province for the purposes of section 347.1 a of the Criminal Code b; S.C. 2007, c. 9, s. 2 R.S., c. C-46

Provision

Therefore, Her Excellency the Governor General in Council, on the recommendation of the Minister of Justice and the Minister of Industry, pursuant to subsection 347.1(3) a of the Criminal Code b, hereby makes the annexed Order Designating Alberta for the Purposes of the Criminal Interest Rate Provisions of the Criminal Code.

Province Designated

s. 1

Alberta is designated for the purposes of section 347.1 of the Criminal Code.

Coming into Force

*2

This Order comes into force at 12:00 a.m. Mountain time on the first day on which section 17 of the Payday Loans Regulation, Alta. Reg. 157/2009, is in force.[Note: Order in force March 1, 2010.]