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March/April 2012 - Law Society of the Northwest Territories

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MARCH/APRIL 2012 | 25<br />

NWT LEGISLATIVE NEWS<br />

by Kelly McLaughlin, Acting Director, Legislation Division, GNWT Justice<br />

THE NWT LEGISLATIVE NEWS IS<br />

NOT A COMPREHENSIVE REPORT<br />

OF LEGISLATIVE ENACTMENTS.<br />

ONLY ITEMS CONSIDERED TO BE<br />

OF INTEREST TO THE BAR ARE<br />

LISTED.<br />

COST OF CREDIT DISCLOSURE<br />

ACT<br />

The Cost of Credit Disclosure<br />

Regulations were registered March 19,<br />

2012 as R-014-2012, and came into<br />

force on April 1, 2012. The regulations<br />

set out the information that must be<br />

disclosed by credit grantors in<br />

advertisements and disclosure<br />

statements made in respect of credit<br />

agreements to which the Cost of Credit<br />

Disclosure Act applies. The regulations<br />

also establish the calculations to be<br />

used in determining the annual<br />

percentage rate for credit agreements.<br />

Additionally, the regulations expand<br />

the classes of agreements that are<br />

exempt from the application of the<br />

Act.<br />

SOCIAL ASSISTANCE ACT<br />

The Social Assistance Appeals<br />

Regulations were registered March 19,<br />

2012 as R-016-2012, and will come<br />

into force on July 1, 2012. The<br />

regulations set out the process to be<br />

followed on appeal of a decision made<br />

under the Social Assistance Act by the<br />

Director of Social Assistance or by a<br />

Social Welfare Officer.<br />

IT’S ALL ONLINE!<br />

Find Certified Bills, Consolidations of Acts,<br />

Regulations and Court Rules, and the<br />

Northwest Territories Gazette at the GNWT<br />

website:<br />

http://www.justice.gov.nt.ca/<br />

Legislation/SearchLeg&Reg.shtml<br />

Good food,<br />

great company.<br />

On Tuesday, June 19, 2012, celebrate the warmth of the season with old<br />

friends and new colleagues during the spring sitting of the NWT Court of<br />

Appeal. Save the date, and watch your inbox for your invitation.<br />

Court of Appeal<br />

Barbeque

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