British Columbia Order in Council — Order under Mortgage Brokers Effective March 1, 2002: B (O.C. 906/2001)

O.C. 906/2001

British Columbia — Orders in Council

j Ministet Finance • Presiding ouncil (This

part is for administrative purposes only and is not p of the Order.) PROVINCE OF laRITISH COLUMBIA ORDER OF THE LIEUTENANT GOVERNOR IN COUNCIL Order in Council No 906 , Approved and Ordered OCT 1 1 2001 -tenant overna Executive Council Chambers, Victoria On the recommendation of the undersigned, the Lieutenant Governor, by and with the advice and consent of the Executive Council, orders that, effective March 1, 2002, the Mortgage Brokers Act Regulations, B.C. Reg. 100/73, is amended by adding the following section: Cost of Consumer Credit Disclosure Act powers 8.2

(1) For the purposes of

section 9.1 (2) of the Mortgage Brokers Act, sections to 8, 12 to 18, 19 and 20, 22 tc 30, 32 to 36, 38 to 41, 48, 49 and of the Cost of Consumer Credit Disclosure Act are prescribed.

(2) Without limiting any other rights and powers of the registrar under the Act, the registrar may, in relation tc the provisions referred to in subsection (1), exercise the rights and powers referred to in sections 4 (

c) and to 8.1 of the Mortgage Brokers Act and the rights and powers of the director under sections to and 71 (1) to (3) of the Consumer Protection Act.

(3) Sections 9, 10, 20 and 22 (1) (a), (

c) and (d), (2) and (4) to (8) of the Mortgage Brokers Act apply to the exercise by the registrar of any of the rights or powers referred to in subsection (2).

(4) Nothing in this

section precludes the application of sections to and of the Cost of Consumer Credi, Disclosure Act in relation to any matter in relation to which the registrar exercises any of the rights and powers referred to in subsection (2).

(5) Sections to 70, 71 (4) and to of the Consumer Protection Act apply to the exercise by the registrar of any of the rights or powers referred to in subsection (2). Authority under which Order is made: Act and section:- Mortgage Brokers Act, ss. 9.1 and Other (specify):- OIC 1421/73 August 3,2001 /0/ S /2001/33/ca

Document details

Collection	British Columbia — Orders in Council
Citation	O.C. 906/2001
Type	order_in_council
Volume / chapter	arc oic 0906 2001
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	403c88875916847f72203d151af5fde22a32ad20

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