Hometime

Hometime · Alberta legislation

MHHS Minimum Housing and Health Standards

MHHS · Consumer Protection Act

Part 9 — Cost of Credit Disclosure Division 1 Interpretation and Application

95 Division 6 Compliance Interpretation

Current to 2026-07-14 · Official PDF

(1) In this Division, "borrower", "credit grantor" and "credit
agreement" include a lessee, lessor and lease, respectively, and
"credit grantor" also includes a loan broker.
(2) For the purposes of this Division, a credit grantor is considered
to have a compliance procedure if the credit grantor
(a) requires its employees and a gents to follow procedures, or
has implemented automated procedures, designed to ensure
that borrowers receive the information to which they are
entitled at the time and in the form required by this Part, and
RSA 2000

(b) monitors the effectiveness of the measures referred to in
clause (a) and promptly remedies any deficiencies it
discovers in their design or implementation.
1998 cF-1.05 s95