Order Designating Manitoba for the Purposes of the Criminal Interest Rate Provisions of the Criminal Code (SOR/2008-212)
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Regulations are current to 2024-11-26 and last amended on 2010-10-18. Previous Versions
Order Designating Manitoba for the Purposes of the Criminal Interest Rate Provisions of the Criminal Code
SOR/2008-212
Registration 2008-06-12
Order Designating Manitoba for the Purposes of the Criminal Interest Rate Provisions of the Criminal Code
P.C. 2008-1091 2008-06-12
Whereas Manitoba has legislative measures that protect recipients of payday loans and that provide for limits on the total cost of borrowing under a payday loan agreement;
And whereas the Lieutenant Governor in Council of Manitoba has requested that the Governor in Council designate that province for the purposes of section 347.1Footnote a of the Criminal CodeFootnote b;
Return to footnote aS.C. 2007, c. 9, s. 2
Return to footnote bR.S., c. C-46
Therefore, Her Excellency the Governor General in Council, on the recommendation of the Minister of Justice and the Minister of Industry, pursuant to subsection 347.1(3)Footnote a of the Criminal CodeFootnote b, hereby makes the annexed Order Designating Manitoba for the Purposes of the Criminal Interest Rate Provisions of the Criminal Code.
Province Designated
1 Manitoba is designated for the purposes of section 347.1 of the Criminal Code.
Coming into Force
Footnote *2 This Order comes into force at 12:00 a.m. on the first day on which the following are in force:
(a) section 147 of The Consumer Protection Act, C.C.S.M. c. C200, as enacted by section 3 of The Consumer Protection Amendment Act (Payday Loans), S.M. 2006, c. 31; and
(b) the Payday Loans Regulation, Man. Reg. 99/2007 as amended by Payday Loans Regulation, amendment, Man. Reg. 50/2010.
Return to footnote *[Note: Order in force October 18, 2010.]
- SOR/2010-136, s. 1
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