Legislative Assembly of Ontario. Bill 193, Pay Day Loans Act

Legislative Assembly of Ontario. Bill 193, Pay Day Loans Act

13. (1) If the Registrar proposes to suspend or revoke a licence under area 10 in which he or she considers it into the interest that is public do this, the Registrar may by purchase instantly suspend the licence.

Expiration of purchase

(2) If a hearing is required under subsection 12 (3), a purchase made under subsection (1) expires 15 times following the written ask for a hearing is gotten because of the Tribunal.

Exact Exact Same

(3) Despite subsection (2), the Tribunal may expand an purchase made under subsection (1),

(a) in the event that hearing commences inside the 15-day period referred to in subsection (2), through to the Tribunal makes its purchase; and

(b) in the event that hearing will not commence in https://cashnetusaapplynow.com/payday-loans-tx/somerset/ the 15-day duration and the Tribunal is pleased that the conduct for the licensee delayed the commencement associated with the hearing,

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