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Orderly Payment of Debts Regulations (C.R.C., c. 369)

Regulations are current to 2024-10-30 and last amended on 2015-04-01. Previous Versions

Miscellaneous (continued)

 For the purpose of defraying administrative expenses, the clerk shall deduct 15 per cent from each payment that is made to a registered creditor in respect of a claim of that creditor under a consolidation order.

  • SOR/89-158, s. 10
  • SOR/92-578, s. 6
  • SOR/98-239, s. 1

Interest on Consolidation Orders

 Every consolidation order shall bear interest at the rate of five per cent per annum.

  • SOR/92-578, s. 7
 

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