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Canada Student Financial Assistance Regulations

Version of section 21 from 2009-08-01 to 2020-07-28:

  •  (1) With the written authorization of the Minister, a lender

    • (a) who holds a borrower’s risk-shared loan agreement may exercise the powers given to the Minister under subsections 15(3) and (4) and sections 19 and 20; and

    • (b) who holds a borrower’s guaranteed student loan agreement may exercise the powers given to the Minister under sections 19 and 20 and subsections 9(4) and (5) of the Canada Student Loans Regulations.

  • (2) The Minister shall provide the lender any information that is necessary to enable the lender to act under subsection (1).

  • SOR/2000-290, s. 16
  • SOR/2009-212, s. 4
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