Budget Implementation Act, 2006
Version of section 192 from 2006-06-22 to 2012-12-31:
Marginal note:Interpretation
192 The following definitions apply in sections 193 and 194.
mortgagee
créancier hypothécaire
mortgagee means a mortgagee or hypothecary creditor that holds a mortgage or hypothec insurance policy with a mortgage insurer. (créancier hypothécaire)
mortgage insurer
assureur hypothécaire
mortgage insurer means a corporation to which subsection 13(1) of the Insurance Companies Act applies and that is approved by the Superintendent of Financial Institutions to sell mortgage or hypothec insurance policies in Canada. (assureur hypothécaire)
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