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Legislative Assembly of Ontario. Bill 193, Pay Day Loans Act

Legislative Assembly of Ontario. Bill 193, Pay Day Loans Act

31. absolutely absolutely absolutely absolutely Nothing in this Act will be interpreted to restrict any right or remedy that the debtor might have in legislation.

No waiver of substantive and procedural legal rights

32. (1) The substantive and rights that are procedural under this Act use despite any contract or waiver into the contrary.

Limitation on aftereffect of term arbitration that is requiring

(2) Without restricting the generality of subsection (1), any term or acknowledgment in an understanding between a payday loan provider and a debtor that needs or gets the effectation of requiring that disputes arising out from the contract be submitted to arbitration is invalid in as far as it stops a customer from working out the right that a debtor might have to make a software to the Tribunal under section 34 for the purchase requiring a payday loan provider to unlawfully refund an charged cost. Continue reading

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