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A-8.2 - Credit Assessment Agents Act
Section 69
Disposition versions
69. A monetary administrative penalty of $1,000 may be imposed on a credit assessment agent that,
(1) in contravention of section 45, fails to send the Authority a report on its complaint processing and dispute resolution policy; or
(2) in contravention of section 49, fails to send the Authority an annual statement of the position of its affairs.
The penalties prescribed in the first paragraph also apply if the document concerned is incomplete or is not sent before the specified time limit.
In force: 2021-02-01
69. A monetary administrative penalty of $1,000 may be imposed on a credit assessment agent that,
(1) in contravention of section 45, fails to send the Authority a report on its complaint processing and dispute resolution policy; or
(2) in contravention of section 49, fails to send the Authority an annual statement of the position of its affairs.
The penalties prescribed in the first paragraph also apply if the document concerned is incomplete or is not sent before the specified time limit.
