Cost of Borrowing (Canadian Insurance Companies) Regulations (SOR/2001-102)
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Regulations are current to 2024-10-30 and last amended on 2020-03-16. Previous Versions
SCHEDULE 3(Subsections 6(2.1) and (2.2))
Information Box — Credit Agreement for a Line of Credit Referred to in Subsection 10(1)
| Initial Credit Limit | (Indicate the initial credit limit, if it is known on the date of the disclosure statement.) |
| Annual Interest Rate | (Indicate the applicable annual interest rate and, if it is a variable rate, provide a brief description of the method for determining it.) |
| Date from which Interest Is Charged | (Indicate the date on and after which interest accrues and provide information respecting the grace period or, if no grace period applies, an indication to that effect.) |
| Minimum Payment | (Indicate the amount of the minimum payment required in each payment period and provide a brief description of the method for determining the amount of the minimum payment.) |
| Foreign Currency Conversion | (Indicate the conversion rate for foreign currency, provide a brief description of how it is determined and indicate the date on which it is applied.) |
| Annual Fees | (Indicate the amount of any non-interest charges that are levied on an annual basis and the date on which they are levied or, if no annual charges are levied, an indication to that effect.) |
| Other Fees | (Provide a list of the types and amounts of any other non-interest charges and indicate the date on which they are applied.) |
- SOR/2009-262, s. 11
- Date modified: