Order Designating Newfoundland and Labrador for the Purposes of Section 347.1 of the Criminal Code

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Whereas Newfoundland and Labrador 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 Newfoundland and Labrador has requested that the Governor in Council designate that province for the purposes of section 347.1 of the Criminal Code;^note^noteTherefore, Her Excellency the Governor General in Council, on the recommendation of the Minister of Justice and the Attorney General of Canada and the Minister of Industry, pursuant to subsection 347.1(3) of the Criminal Code, makes the annexed Order Designating Newfoundland and Labrador for the Purposes of Section 347.1 of the Criminal Code.

Province Designated

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Newfoundland and Labrador is designated for the purposes of section 347.1 of the Criminal Code.

Coming into Force

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This Order comes into force on the first day on which the following Newfoundland and Labrador legislative measures are all in force:

(a)An Act to Amend the Consumer Protection and Business Practices Act, S.N.L. 2016, c. 46;

(b)Payday Loans Regulations;

(c)Payday Loans Licensing Regulations.

Federal laws of Canada reproduced under the Reproduction of Federal Law Order (SI/97-5); not the official version. Source: Justice Laws Website.

Province Designated

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Coming into Force

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