Bill 202 — Third Session, 20Th Legislature, 34 Elizabeth U the Legislative Assembly of Alberta Bill 202 An Act To Amend the Mortgage Brokers Regulation Act (Legislature 20, Session 3)

L20 S3 3419

Alberta — Bills

1985 BILL Third Session, 20th Legislature, 34 Elizabeth U THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL

AN ACT TO AMEND THE MORTGAGE BROKERS REGULATION ACT MR. ZIP First Reading Second Reading Committee of the Whole Third Reading Royal Assent Bill Mr. Zip BILL 202

AN ACT TO AMEND THE MORTGAGE BROKERS REGULATION ACT (Assented to , 1985) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1 The Mortgage Brokers Regulation Act is amended by this Act. 2 Section 8(1) is amended by repealing clause (

a) and sub stituting (

a) the total capital to be charged, the rate of interest, the period of amortization, the repayment terms and any pre payment option of each mortgage, In accordance with section 4(1) of the

Interpretation Act, this Bill comes into force on the date it receives Royal Assent. Explanatory Notes This Bill will amend

chapter M-19 of the Revised Statutes of Alberta 1980. 2

Section 8(l)(

a) presently reads: (

a) the repayment terms of each mortgage. Title: 1985 (20th, 3rd) Bill 202,

An Act to Amend the Mortgage Brokers Regulation Act

Document details

Collection	Alberta — Bills
Citation	L20 S3 3419
Type	bill
Volume / chapter	L20 S3 3419
Language	en
Format	json
Source	PROVINCIAL
Identifier	5c1031fea1deff99d3bae974f20cfd4f6e1532ab

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