ontario regulation 167/19

made under the

Mortgage Brokerages, Lenders and Administrators Act, 2006

Made: May 30, 2019
Filed: June 5, 2019
Published on e-Laws: June 5, 2019
Printed in The Ontario Gazette: June 22, 2019

Amending O. Reg. 193/08

(REPORTING REQUIREMENTS FOR LICENSEES)

1. Sections 2 to 14 of Ontario Regulation 193/08 are amended by striking out “the Superintendent” wherever it appears and substituting in each case “the Chief Executive Officer”.

2. Section 3 of the Regulation is amended by adding the following subsection:

(4) References in this section to a form approved by the Chief Executive Officer are deemed to include the last form approved by the Superintendent for the purposes of the relevant provision prior to the day section 1 of Schedule 17 to the Plan for Care and Opportunity Act (Budget Measures), 2018 came into force until the Chief Executive Officer approves a subsequent form for the purposes of the relevant provision. 

3. Section 16 of the Regulation is revoked and the following substituted:

Transition

Transition

16. Any notice provided to the Superintendent under this Regulation, as it read prior to the day section 1 of Schedule 17 to the Plan for Care and Opportunity Act (Budget Measures), 2018 came into force, is deemed to have been provided to the Chief Executive Officer.

Commencement

4. This Regulation comes into force on the later of the day section 1 of Schedule 17 to the Plan for Care and Opportunity Act (Budget Measures), 2018 comes into force and the day this Regulation is filed.