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Canada Student Loans Act (R.S.C., 1985, c. S-23)

Act current to 2024-04-01 and last amended on 2023-04-01. Previous Versions

AMENDMENTS NOT IN FORCE

  • — 2022, c. 19, s. 146

    • 146 Subsection 5.1(1) of the Act is replaced by the following:

      • Agreement to pay interest
        • 5.1 (1) The Minister may enter into an agreement with a lender respecting the payment of interest, or a province respecting the payment of interest on provincial student loans, by borrowers who are referred to in a regulation that is made under paragraph 17(s.2).

  • — 2022, c. 19, s. 147

    • 147 Section 5.2 of the Act is replaced by the following:

      • Personal information

        5.2 Personal information, as defined in section 3 of the Privacy Act, that is under the control of a government institution, as defined in that section, shall, on request, be made available to the Minister for the purposes of a regulation that is made under paragraph 17(s.2) or (s.3).

  • — 2022, c. 19, s. 150

    • 150 The heading before section 10 and sections 10 and 11 of the Act are repealed.

  • — 2022, c. 19, s. 151

      • 151 (1) Subparagraph 16(2)(a)(i) of the Act is replaced by the following:

        • (i) subject to subsection (3), the aggregate of all amounts paid by the Minister in that loan year to lenders under sections 6, 7 and 8, paragraph 10(b), as that paragraph read from time to time before April 1, 2023, and sections 12 and 13, and to collection agencies, in respect of guaranteed student loans made on the basis of certificates of eligibility issued or caused to be issued by the appropriate authorities for participating provinces that issued or caused to be issued such certificates in that loan year, minus all amounts collected by or on behalf of His Majesty in that loan year in respect of those loans,

      • (2) Subsection 16(3) of the Act is replaced by the following:

        • Exception

          (3) The amounts described in subparagraph (2)(a)(i) that were paid or collected in respect of a loan made to a part-time student or that were paid under paragraph 10(b), as it read from time to time before April 1, 2023, shall be included in the calculation set out in subparagraph (2)(a)(i) only if the government of the province satisfies the Minister that the provincial student loan plan includes provisions having substantially the same effect as the provisions of this Act relating to loans to part-time students or to the granting of special interest-free periods to borrowers respectively.

      • (3) Paragraph (a) of the definition net costs in subsection 16(6) of the Act is replaced by the following:

        • (a) the estimated aggregate of all amounts paid by the Minister in that loan year to lenders under sections 6, 7 and 8, paragraph 10(b), as that paragraph read from time to time before April 1, 2023, and sections 12 and 13, and to collection agencies, in respect of guaranteed student loans made on the basis of certificates of eligibility issued or caused to be issued in any loan year by the appropriate authority for that province

      • (4) Paragraph (a) of the definition total program net costs in subsection 16(6) of the Act is replaced by the following:

        • (a) the aggregate of all amounts paid by the Minister in that loan year to lenders under sections 6, 7 and 8, paragraph 10(b), as that paragraph read from time to time before April 1, 2023, and sections 12 and 13, and to collection agencies, in respect of guaranteed student loans made on the basis of certificates of eligibility issued or caused to be issued in any loan year by the appropriate authorities for participating provinces

      • (5) Subsection 16(7) of the Act is replaced by the following:

        • Exception

          (7) The amounts described in paragraphs (a) and (b) of the definition net costs in subsection (6) that were paid or received in respect of a loan made to a part-time student or that were paid under paragraph 10(b), as it read from time to time before April 1, 2023, shall be included in the calculation described in that definition only if the government of the province satisfies the Minister that the provincial student loan plan includes provisions having substantially the same effect as the provisions of this Act relating to loans to part-time students or to the granting of special interest-free periods to borrowers respectively.

  • — 2022, c. 19, s. 152

      • 152 (1) Paragraph 17(m) of the Act is repealed.

      • (2) Paragraph 17(s.1) of the Act is repealed.


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