Economic Action Plan 2014 Act, No. 1 (S.C. 2014, c. 20)

Consequential Amendments

R.S., c. B-3; 1992, c. 27, s. 2Bankruptcy and Insolvency Act

Marginal note:1997, c. 12, s. 105(2)

• 484. (1) Subsection 178(1) of the Bankruptcy and Insolvency Act is amended by striking out “or” at the end of paragraph (g) and by replacing paragraph (h) with the following:

  • (g.1) any debt or obligation in respect of a loan made under the Apprentice Loans Act where the date of bankruptcy of the bankrupt occurred

    • (i) before the date on which the bankrupt ceased, under that Act, to be an eligible apprentice within the meaning of that Act, or

    • (ii) within seven years after the date on which the bankrupt ceased to be an eligible apprentice; or

  • (h) any debt for interest owed in relation to an amount referred to in any of paragraphs (a) to (g.1).

• Marginal note:2005, c. 47, s. 107(3)

  (2) The portion of subsection 178(1.1) of the Act before paragraph (a) is replaced by the following:

  • Marginal note:Court may order non-application of subsection (1)

    (1.1) At any time after five years after the day on which a bankrupt who has a debt referred to in paragraph (1)(g) or (g.1) ceases to be a full- or part-time student or an eligible apprentice, as the case may be, under the applicable Act or enactment, the court may, on application, order that subsection (1) does not apply to the debt if the court is satisfied that

2005, c. 34; 2013, c. 40, s. 204Department of Employment and Social Development Act

485. Section 70.1 of the Department of Employment and Social Development Act is amended by adding the following after paragraph (e):

Coming into Force

Marginal note:Order in council

486. This Division comes into force on a day to be fixed by order of the Governor in Council.