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Canadian Payments Act (R.S.C., 1985, c. C-21)

Full Document:  

Act current to 2024-10-30 and last amended on 2024-06-20. Previous Versions

PART 3General (continued)

Marginal note:Offence and punishment

 Every person who, without reasonable cause, contravenes any provision of this Act is guilty of an offence and

  • (a) in the case of a natural person, liable on summary conviction to a fine not exceeding $100,000 or to imprisonment for a term not exceeding twelve months, or to both; or

  • (b) in the case of any other entity, liable on summary conviction to a fine not exceeding $500,000.

  • 2001, c. 9, s. 244

Marginal note:Delegation

 The Minister may delegate any of the Minister’s powers, duties and functions under this Act to any Minister of State appointed under the Ministries and Ministers of State Act to assist the Minister.

  • 2007, c. 6, s. 434

 [Repealed, 2024, c. 15, s. 229]

Marginal note:Review

 On the fourth anniversary of the day on which this section comes into force, the Minister shall cause to be conducted a review of this Act and its operation and cause a report on the review to be laid before each House of Parliament on any of the first 15 days on which that House is sitting after the review is completed.

 

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