MHHS · Consumer Protection Act
Part 6 — Wage Assignments
53 Assignments
person's wages to secure the payment of an existing or future
indebtedness
(a) is against public policy and void if it is made in favour of a
lender;
(b) is unenforceable by a lende r if it is originally made in favour
of a person other than a lender and is later acquired by a
lender.
(2) A lender or an officer, director, employee or agent of a lender
shall not attempt to induce a person to assign wages in favour of
the lender in contravention of subsection (1) or to enforce what
purports to be an assignment of wages in favour of or acquired by
the lender.
RSA 2000 cF-2 s53;2005 c9 s26
RSA 2000