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S-29.01 - Act respecting trust companies and savings companies

Section 247
Disposition versions

Full text
247. The Authority shall, before ordering the cancellation or suspension of a licence, notify the holder in writing as prescribed by section 5 of the Act respecting administrative justice (chapter J‐3) and allow the holder at least 10 days to present observations. The Authority shall also give notice in writing of its decision to the holder, with the reasons on which it is based.
1987, c. 95, s. 247; 1997, c. 43, s. 770; 2002, c. 45, s. 611; 2004, c. 37, s. 90.
247. The Agency shall, before ordering the cancellation or suspension of a licence, notify the holder in writing as prescribed by section 5 of the Act respecting administrative justice (chapter J-3) and allow the holder at least 10 days to present observations. The Agency shall also give notice in writing of its decision to the holder, with the reasons on which it is based.
1987, c. 95, s. 247; 1997, c. 43, s. 770; 2002, c. 45, s. 611.
247. The Inspector General shall, before ordering the cancellation or suspension of a licence, notify the holder in writing as prescribed by section 5 of the Act respecting administrative justice (chapter J-3) and allow the holder at least 10 days to present observations. He shall also give notice in writing of his decision to the holder, with the reasons on which it is based.
1987, c. 95, s. 247; 1997, c. 43, s. 770.
247. The Inspector General shall, before ordering the cancellation or suspension of a licence, give its holder an opportunity to be heard. He shall also give notice in writing of his decision to the holder, with the reasons on which it is based.
1987, c. 95, s. 247.
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