P-40.1 - Consumer Protection Act

Section 338.5 Disposition versions

1989-08-03

338.5. (Repealed).

1984, c. 47, s. 131; 1988, c. 45, s. 8.

1985-12-15

338.5. The provisional administrator shall have the necessary powers to carry out the mandate entrusted to him by the president.

Subject to the restrictions included in his mandate, he may, of his own initiative, in particular,

(a)  take possession of the sums of money held, as reserves or otherwise, by or for the merchant;

(b)  engage the sums of money contemplated in paragraph a to carry out the mandate entrusted to him by the president and enter into the contracts necessary for that purpose;

(c)  sue for the purposes of the carrying out of his mandate.

In no case may the provisional administrator be prosecuted by reason of acts performed in good faith in the discharge of his duties.

1984, c. 47, s. 131.