National Housing Act (R.S.C., 1985, c. N-11)

RELATED PROVISIONS

• — 1992, c. 32, s. 7(2)

  • Transitional

    • 7 (2) Every lender who immediately before the coming into force of subsection (1) was an approved lender is deemed to have been designated as such pursuant to section 4.1 of the said Act, as enacted by subsection (1).

• — 1992, c. 32, s. 20(3)

  • Transitional

    • 20 (3) Any loan referred to in paragraph 97(2)(a) of the said Act, as that paragraph read immediately before July 21, 1988, shall, for the purposes of section 17 of the said Act, be deemed to have been made under subsection 15.1(1) of the said Act.

• — 1992, c. 32, s. 51

  • Transitional

    • 51 (1) Subsections 82(2) and 82.1(1) of the National Housing Loan Regulations, as those subsections read immediately before the coming into force of this section, shall continue in force until an amount is specified, or a manner of determining an amount is specified, under paragraph 51(2)(b) of the said Act, as enacted by section 36 of this Act.

    • Idem

      (2) Subsections 82(3) and 82.1(2) of the National Housing Loan Regulations, as those subsections read immediately before the coming into force of this section, shall continue in force until an amount is specified, or a manner of determining an amount is specified, under section 52 of the said Act, as enacted by section 37 of this Act.

    • Idem

      (3) Section 82.2 of the National Housing Loan Regulations, as that section read immediately before the coming into force of this section, shall continue in force until an amount is specified, or a manner of determining an amount is specified, under subsection 54(2) of the said Act, as amended by section 38(2) of this Act.

    • Idem

      (4) Subsection 82(1) of and Schedule III to the National Housing Loan Regulations, as that subsection and Schedule read immediately before the coming into force of this section, shall continue in force only so long as any of subsections 82(2) and (3) and 82.1(1) and (2) and section 82.2 of the said Regulations are in force.

• — 1995, c. 47, s. 2

  • Application

    2 This Act applies in respect of the 1994 calendar year and each subsequent calendar year.

• — 1999, c. 27, s. 38

  • Provisions continue — agreements

    38 The provisions of the National Housing Act and of the National Housing Loan Regulations that are in effect immediately before those provisions are amended or repealed by this Act continue to apply in respect of agreements entered into before those provisions are so amended or repealed by this Act, except to the extent that the requirements of those provisions are waived by the Canada Mortgage and Housing Corporation.

• — 1999, c. 27, s. 39

  • Provisions continue — obligations to pay or reimburse

    39 The provisions of the National Housing Act that are amended or repealed by this Act, and that relate to payments or reimbursements to the Canada Mortgage and Housing Corporation by the Minister designated for the purposes of the National Housing Act out of money appropriated from time to time by Parliament or out of the Consolidated Revenue Fund, continue to apply, as they read immediately before being amended or repealed by this Act, in respect of any obligation to make a payment or reimbursement arising under the National Housing Act as it reads immediately before those provisions are amended or repealed by this Act.

• — 1999, c. 27, s. 40

  • Deemed designation

    40 Every lender who was an approved lender immediately before the day on which this Act is assented to is deemed to have been designated as an approved lender under section 5 of the National Housing Act, as enacted by section 3 of this Act.

• — 1999, c. 27, s. 41

  • Continuation of funds

    • 41 (1) Notwithstanding section 3 of this Act, the Canada Mortgage and Housing Corporation may continue, in the manner described in subsection (2), to operate the Mortgage Insurance Fund and the Mortgage-backed Securities Guarantee Fund referred to in sections 16 and 21.3, respectively, of the National Housing Act as they read immediately before the day on which this Act is assented to.

    • Authority to pay

      (2) The Corporation may make any payments and transfer any assets into and out of the Funds referred to in subsection (1) for the purposes of the National Housing Act or the conduct of the business of the Corporation.

• — 2012, c. 19, s. 365

  • Guarantees made before section 352 comes into force

    365 A guarantee made by the Canada Mortgage and Housing Corporation under section 14 of the National Housing Act before the day on which section 352 of this Act comes into force does not require the Minister’s approval.