NEWFOUNDLAND AND LABRADOR REGULATION 5/23

This is an official version.

Important Information
(Includes details about the availability of printed and electronic versions of the Statutes.)

Newfoundland and Labrador
Regulation 2023

NEWFOUNDLAND AND LABRADOR
REGULATION 5/23

Payday Loans Regulations (Amendment)
under the
Consumer Protection and Business Practices Act
(O.C. 2023-028)

(Filed February 16, 2023)

Under the authority of section 83.11 of the Consumer Protection and Business Practices Act, the Lieutenant-Governor in Council makes the following regulations.

Dated at St. John’s, February 9, 2023.

Krista Quinlan
Clerk of the Executive Council

REGULATIONS

Analysis

1. S.8 Amdt.

Signs and notices

2. Commencement

NLR 10/19
as amended

1. Paragraph 8(2)(a) of the Payday Loans Regulations is repealed and the following substituted:

(a) the words "Maximum fees and charges permitted in Newfoundland and Labrador for a payday loan: $14 per $100 lent";

Commencement

2. These regulations are considered to have come into force on December 15, 2022.