E-12.000001, r. 1 - Regulation under the Money-Services Businesses Act

Section 5 Disposition versions

2023-12-07

5. Where the money-services business is not constituted under the laws of Québec and has neither a head office nor an establishment in Québec, the licence application must be filed together with an official document in respect of each officer, director, partner and any person or entity who directly or indirectly owns or controls the money-services business issued by a competent authority in the country in which they reside, attesting to the absence of a judicial record or listing the complete judicial record.

The document described in the first paragraph need not be provided in respect of a person or entity resident in Canada in respect of whom or which a security clearance report has been issued by the Sûreté du Québec under section 8 of the Act.

Where the respondent of a money-services business referred to in the first paragraph is not a director, officer or partner of the money-services business, the licence application must also be filed together with the following documents:

(1)  a copy of the respondent’s photo identification issued by a government or a government department or agency and showing the respondent’s name and date of birth; and

(2)  a statement from the respondent containing the information in respect of the respondent for the purposes of sections 13 and 14 of the Act.

M.O. E-12.000001-2012-02, s. 5; S.Q. 2023, c. 30, s. 62.

2012-09-01

5. Where the money-services business is not constituted under the laws of Québec and does not have its head office or an establishment in Québec and its respondent is not a director, officer or partner of the money-services business, the licence application must also be filed together with the following documents:

(1)  a copy of photo identification issued by a government or a government department or agency and showing the respondent’s name and date of birth;

(2)  a statement from the respondent containing the information in respect of the respondent for the purposes of sections 13 and 14 of the Act.

M.O. E-12.000001-2012-02, s. 5.