Versions of s. 450(1)

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

2012-05-24 to 2022-06-30 View Source

A bank shall not make a loan to a natural person that is repayable in Canada unless the cost of borrowing, as calculated and expressed in accordance with section 451, and other prescribed information ~~have, in the prescribed manner and at the prescribed time,~~have been disclosed by the bank to the ~~borrower.~~borrower at the prescribed time and place and in the prescribed form and manner.

Full text

A bank shall not make a loan to a natural person that is repayable in Canada unless the cost of borrowing, as calculated and expressed in accordance with section 451, and other prescribed information have been disclosed by the bank to the borrower at the prescribed time and place and in the prescribed form and manner.
2003-01-01 to 2012-05-24 View Source

A bank shall not make a loan to a natural person that is repayable in Canada unless the cost of borrowing, as calculated and expressed in accordance with section 451, and other prescribed information have, in the prescribed manner and at the prescribed time, been disclosed by the bank to the borrower.