Bill 261 — Second Session, 20Th Legislature, 33 Elizabeth Ii the Legislative Assembly of Alberta Bill 261 An Act To Amend the Mortgage Brokers Regulation Act (Legislature 20, Session 2)

L20 S2 3601

Alberta — Bills

1984 BILL Second Session, 20th Legislature, 33 Elizabeth II 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 T TlL:i"tJ''!\ W If BiU Mr. Zip BILL 261

AN ACT TO AMEND THE MORTGAGE BROKERS REGULATION ACT (Assented to , 1984) 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 Interpre tation 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(1 )(

a) presendy reads: (

a) the repayment terms of each mortgage. Title: 1984 (20th, 2nd) Bill 261,

An Act to Amend the Mortgage Brokers Regulation Act

Document details

Collection	Alberta — Bills
Citation	L20 S2 3601
Type	bill
Volume / chapter	L20 S2 3601
Language	en
Format	json
Source	PROVINCIAL
Identifier	c259fef64974cca699a6c047eaa3305c92e1be29

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