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In This Volume

  • 305 (1) The minister, without a proceeding being brought, may admit or compromise a claim made under this Part against the assurance fund, and may authorize payment of all or part of the claim.
  • (2) Despite subsection (1), the registrar, with the approval of the director, may admit or compromise a claim by payment of the claim or an amount not exceeding $5,000, whichever is less, and authorize payment from the assurance fund.
  • (3) The minister charged with the administration of the Financial Administration Act, on receipt of authorization from the minister or the director, as the case may be, must pay out of the assurance fund the amount so authorized to the person entitled to it.

1979-219-285; 2003-66-35, 45.

CROSS REFERENCES AND OTHER SOURCES OF INFORMATION

See Di Castri, Registration of Title to Land, vol. 3, para. 994.