Skip to main content

In This Volume

24.1 In this Part:

  • “Homeowner Protection Office” means the corporation established under section 3 of this Act as that section read immediately before its repeal by the Budget Measures Implementation Act, 2010;
  • “initial application” does not include an application, based on a reassessment of the costs of home reconstruction, for an increase in the amount of financial assistance previously approved for an eligible homeowner under the reconstruction program;
  • “reconstruction loan portfolio” means, subject to an order under section 56(3) of the Budget Measures Implementation Act, 2010, the rights, property and assets and the obligations and liabilities, including contingent liabilities, of the Homeowner Protection Office related to the reconstruction program as of the date this section comes into force, and includes, without limitation, amounts received by the Minister of Finance, and liabilities incurred by, or accruing or accrued to, the Minister of Finance, for the purposes of this Part on and after that date;
  • “reconstruction program” means the program established under section 24 of this Act as that section read immediately before its repeal by the Budget Measures Implementation Act, 2010.

2010-2-32, effective April 1, 2010.