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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 part 10 in which he or she considers it when you look at the interest that is public do this, the Registrar may by purchase straight away suspend the licence.

Expiration of purchase

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

Exact Exact Same

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

(a) in the event that hearing commences in the 15-day duration referred to in subsection (2), before the Tribunal makes its order; and