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Newfoundland Regulation 1997


NEWFOUNDLAND REGULATION 58/97

NEWFOUNDLAND REGULATION 58/97

Mortgage Brokers Regulations (Amendment)
under the
Mortgage Brokers Act
(O.C. 97‑257)

(Filed May 21, 1997)

Under the authority of section 13 of the Mortgage Brokers Act, the Lieutenant‑Governor makes the following regulation.

Dated at St. John's, May 16, 1997.

John Cummings
for the Clerk of the Executive Council

REGULATION

Analysis


        1.   S.3 Amdt.
Application


CNR 1006/96

        1. (1) Subsection 3(1) of the Mortgage Brokers Regulations is amended by deleting the words "or renewal of registration".

             (2)  Subsection 3(2) is repealed and the following substituted:

             (2)  A registration remains in effect subject to the filing of annual reports and payment of an annual fee as prescribed by the minister until it is withdrawn by the registered person or is suspended or cancelled under the Act.