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Marginal note:S.C. 2014, c. 20

Footnote ^*27 These Regulations come into force on the day on which Division 30 of Part 6 of the Economic Action Plan 2014 Act, No. 1 comes into force, but if they are registered after that day, they come into force on the day on which they are registered.

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Marginal note:Definitions — Act and Regulations

• 1 (1) The following definitions apply in the Act and in these Regulations.

• Marginal note:Definitions — Regulations

  (2) The following definitions apply in these Regulations.

• Marginal note:Schedule 1 — Eligible trades

  (3) For the purposes of subsection 2(1) of the Act, eligible trades are those that are listed in Schedule 1 to these Regulations.

[...]

Marginal note:Definitions — Act and Regulations

• 1 (1) The following definitions apply in the Act and in these Regulations.

• Marginal note:Definitions — Regulations

  (2) The following definitions apply in these Regulations.

• Marginal note:Schedule 1 — Eligible trades

  (3) For the purposes of subsection 2(1) of the Act, eligible trades are those that are listed in Schedule 1 to these Regulations.

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Marginal note:Denial of loan

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• Definition of applicable day

  (2) For the purposes of this section, applicable day means

  • (a) if the Minister is informed that the borrower has failed to make a payment within the two-month period after the day on which the payment is required under their apprentice loan agreement or these Regulations and they do not fulfil the conditions of section 2, the day following the day on which the borrower must begin to repay the principal amount of any apprentice loan made to them, and any interest, in accordance with section 4;

  • [...]

  • (m) if five disbursements have already been made to the borrower under these Regulations, the day after the day on which the borrower received the last disbursement under an apprentice loan agreement; or

[...]

Marginal note:Denial of loan

• [...]

• Definition of applicable day

  (2) For the purposes of this section, applicable day means

  • (a) if the Minister is informed that the borrower has failed to make a payment within the two-month period after the day on which the payment is required under their apprentice loan agreement or these Regulations and they do not fulfil the requirements either of section 2, or of section 3 in respect of an interest-free period, the day following the day on which interest starts accruing in accordance with section 3;

  • [...]

  • (m) if five disbursements have already been made to the borrower under these Regulations, the day after the day on which the borrower received the last disbursement under an apprentice loan agreement; or