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C-73.2, r. 1 - Regulation respecting brokerage requirements, professional conduct of brokers and advertising

Section 56
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Full text
56. (Revoked).
O.C. 299-2010, s. 56; O.C. 173-2023, s. 31.
56. If an immovable hypothec secures the use of a credit card or line of credit, the cost of borrowing is expressed as an annual rate that is,
(1)  if the loan has a fixed annual interest rate, that annual interest rate; or
(2)  if the loan has a variable interest rate, the annual interest rate that applies on the date of the disclosure.
O.C. 299-2010, s. 56.
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