Order Designating Newfoundland and Labrador for the Purposes of Section 347.1 of the Criminal Code
P.C. 2018-1439 2018-11-22
Whereas Newfoundland and Labrador 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;
And whereas the Lieutenant Governor in Council of Newfoundland and Labrador has requested that the Governor in Council designate that province for the purposes of section 347.1Footnote a of the Criminal CodeFootnote b;
Therefore, Her Excellency the Governor General in Council, on the recommendation of the Minister of Justice and the Attorney General of Canada and the Minister of Industry, pursuant to subsection 347.1(3)Footnote a of the Criminal CodeFootnote b, makes the annexed Order Designating Newfoundland and Labrador for the Purposes of Section 347.1 of the Criminal Code.
Coming into Force
(a) An Act to Amend the Consumer Protection and Business Practices Act, S.N.L. 2016, c. 46;
(b) Payday Loans Regulations;
(c) Payday Loans Licensing Regulations.
Return to footnote *[Note: Order not in force.]
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