Debt Settlement Protection Act
Long title not yet sourced from the legislative registry.
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Legislative timeline
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Bill overview
Bill NS127, “Debt Settlement Protection Act”, is a Nova Scotia bill from session assembly-61-session-3.
Its latest recorded status is “Introduced”.
This overview is written automatically from the registry and vote records on this page and updates when they sync. It describes the bill's path, not its merits.
PLAIN-LANGUAGE SUMMARY
What you need to know
The Debt Settlement Protection Act, currently at First Reading in the Nova Scotia assembly, aims to establish a regulatory framework for debt settlement companies operating in the province. This bill would require these companies to register with the government, adhere to specific standards, and provide clear information to consumers about their services and fees.
AI-generated from official records and reviewed against our editorial guardrails.
Key provisions
- 01This Act may be cited as the Debt Settlement Protection Act.
- 02The Governor in Council may make regulations respecting the administration of this Act.
- 03No person shall engage in debt settlement services unless registered under this Act.
- 04A person who is registered under this Act shall pay the prescribed fee.
- 05The Registrar shall maintain a register of persons registered under this Act.
- 06The Registrar may cancel the registration of a person under this Act.
Vote roll
No division has been recorded for this bill yet.