First

Session, 47th General Assembly

Elizabeth II, 2012

BILL 15

AN ACT TO AMEND THE

STUDENT FINANCIAL ASSISTANCE ACT

Received and Read the First Time ...................................................................................................

Second Reading .................................................................................................................................

Committee ............................................................................................................................................

Third Reading .....................................................................................................................................

Royal Assent ......................................................................................................................................

HONOURABLE

JOAN BURKE

Minister of Advanced Education and Skills

Ordered

to be printed by the Honourable House of Assembly

EXPLANATORY NOTE

This Bill would amend the Student Financial Assistance Act to remove all references to the

certificate of eligibility.

A BILL

AN ACT TO AMEND THE STUDENT FINANCIAL ASSISTANCE

ACT

Analysis

S.2 Amdt.

Definitions

S.7 R&S

Notice of financial assistance

S.14.15 Amdt.

Financial assistance

S.15 Amdt.

Ministerial regulations

S.18 R&S

Offence and penalty

Commencement

Be it enacted by the Lieutenant-Governor and

House of Assembly in Legislative Session convened, as follows:

SNL2002 cS-29.01

as amended

(1) Paragraph 2(

b) of the Student Financial Assistance Act is

repealed and the following substituted:

(b) "borrower" means a person to whom

financial assistance is given under this Act;

(2) Paragraph 2(

c) of the Act is repealed.

Section 7 of the Act is repealed and the

following substituted:

Notice of

financial assistance

(1) A

qualifying student may, in the form required by the minister, apply to the

minister for financial assistance.

(2) The minister may issue to a qualifying student

who applies under subsection (1) a notice of financial assistance provided that

the student complies with and meets the requirements established by the

regulations.

(3) A notice of financial assistance shall state

the social insurance number of the qualifying student and the maximum amount of

financial assistance that may be given to that student.

(4) The maximum amount of financial assistance

referred to in subsection (3) shall be set in accordance with the regulations.

3. Subsection 14.15(1) of the Act is repealed and

the following substituted:

Financial

assistance

14.15

(1) The

corporation shall, in accordance with this Act, provide financial assistance to

a qualifying student in an amount that shall not exceed the amount approved by

the minister.

4. (1) Paragraph 15(1)(

b) of the Act is

repealed and the following substituted:

(

b) respecting the assessment of need for financial

assistance under this Act;

(2) Paragraph 15(1)(

e) of the Act is repealed and

the following substituted:

(

e) respecting qualifying students, full time

students, assessments of need and requirements for receiving financial assistance;

Section 18 of the Act is repealed and the

following substituted:

Offence and

penalty

(1) A

person who, either orally or in writing, makes a false statement or

misrepresentation or gives false or misleading information for the purpose of

obtaining financial assistance under this Act or assisting another person in

obtaining financial assistance under this Act commits an offence.

(2) A person who contravenes this Act commits an

offence.

(3) A person who commits an offence under this Act

is liable on

summary conviction to a fine of not less than $500 and not more

than $5,000, and for a subsequent offence to a fine of not less than $1,000 and

not more than $10,000.

(4) A person who is convicted of an offence under

this Act shall not apply for and is not eligible to receive financial

assistance under this Act.

(5) Notwithstanding subsection (4), and not less

than 3 years after a person has been convicted of an offence under this Act,

the minister may, where he or she considers it appropriate, determine that the

person may apply for and be granted financial assistance.

Commencement

6. This Act comes into force on August 1, 2012.

William E. Parsons, Queen's Printer