Hometime

Hometime · Alberta legislation

CPA Condominium Property Act

CPA · Consumer Protection Act

Part 12 — .1

124.7 Consequence of failure to comply

Current to 2026-07-14 · Official PDF

If, in respect of section 124.2, 124.21, 124.3, 124.5(2) or
(4), 124.51(1), (2) or (4), 124.6 or 124.61, any requirement is not
complied with or any prohibition is contravened,
(a) all amounts in respect o f the payday loan except the
principal cease to be permissible charges, and
(b) the borrower is not liable to pay the payday lender any
amount that exceeds the principal of the payday loan.
2016 cE-9.5 s8