162. The Minister must also send a 30-day notice of the Minister’s intention not to renew a right referred to in section 15 or of the Minister’s intention to revoke it to creditors who have registered an act referred to in subparagraph 1 of the first paragraph of section 150.
If the right expires during the 30-day period, the notice postpones the expiry of the right by suspending its term for the time that remains to run by virtue of the notice.
2016, c. 35, s. 232016, c. 35, s. 23.