This is part of an archived statute consolidation that is current to February 9, 2004 and includes changes enacted and in force by that date.

"Point in Time" Act Content

MORTGAGE BROKERS ACT
[RSBC 1996] CHAPTER 313

NOTE: Links below go to act content as it was prior to the changes made on the effective date.
SECTION EFFECTIVE DATE
12 January 1, 2001
23 December 2, 2003

Section 12 BEFORE repealed by 1998-7-5 effective January 1, 2001 (BC Reg 192/00).

Deemed registration

12 (1) Subject to subsection (3), a person who holds a valid and subsisting licence under the Real Estate Act or registration under the Securities Act is deemed registered under this Act as a mortgage broker or submortgage broker.

(2) A person who is deemed a mortgage broker or submortgage broker under subsection (1) must, at the request of the registrar, file with the registrar information the registrar requires under this Act.

(3) The registrar may order, with respect to any person, that subsection (1) does not apply.

Section 23(2)(b) BEFORE amended by 2003-96-53 effective December 2, 2003 (Royal Assent).

(b) prescribing the fees payable, in each category, for registration and renewal of registration;

Section 23(2)(b.1), (b.2), (b.3) and (b.4) were added by 2003-96-53 effective December 2, 2003 (Royal Assent).

Copyright (c) 2004: Queen’s Printer, Victoria, British Columbia, Canada