Government of Canada / Gouvernement du Canada
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National Housing Act

Version of section 5 from 2002-12-31 to 2012-06-28:

Marginal note:Designation

  •  (1) The Corporation may designate any person as an approved lender for the purposes of this Act.

  • Marginal note:Term of designation

    (2) The designation of an approved lender and any renewal of that designation are in force for any period that the Corporation may specify.

  • Marginal note:Conditions and restrictions

    (3) The Corporation may, at any time, establish conditions and restrictions applicable to an approved lender.

  • Marginal note:Suspension

    (4) The Corporation may, at any time, suspend or cancel the designation of an approved lender.

  • Marginal note:Fees

    (5) The Corporation may establish schedules of fees payable by approved lenders in relation to their designation and supervision.

  • R.S., 1985, c. N-11, s. 5
  • R.S., 1985, c. 25 (4th Supp.), s. 2
  • 1999, c. 27, s. 3

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