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An Act respecting payday advances
Her Majesty, by along with the advice and permission for the Legislative set up associated with Province of Ontario, enacts as follows:
Interpretation and Application
1. (1) In this Act,
«Minister» means the Minister of customer and company Services or such other person in the Executive Council to who management for this Act is assigned beneath the Executive Council Act; («ministre»)
«officer» includes the seat and any vice-chair associated with the board of directors, the president and any vice-president, the assistant and associate secretary, the treasurer and assistant treasurer and the typical supervisor and assistant general supervisor associated with organization or a partner or basic supervisor and associate general manager of the partnership, any kind of specific designated being an officer by by-law or quality or other person who executes functions ordinarily done by a person occupying such workplace; («dirigeant»)
«payday lender» means an individual who is certified under this Act in order to make payday advances; («prГЄteur sur salaire»)
«payday loan» means that loan of $3,000 or less with a phrase of 8 weeks or less; («prГЄt sur salaire»)
«prescribed» means prescribed by the laws made under this Act; («prescrit»)
«provincial offence» means an offense under an Act associated with the Legislature or under a legislation made under the authority Act associated with the Legislature; («infraction provinciale»)
«Tribunal» means such tribunal as is prescribed or founded by the regulations made under this Act. («Tribunal»)