17.3. The agency may cancel the right to obtain insurance under the first paragraph of section 4 with respect to interest accrued on any amount claimed if, within 60 days from the date of a request in writing by the agency to that effect, the lender fails to file
(1) a claim for repayment of losses and expenses;
(2) a provisional claim;
(3) any other document or information necessary for assessing the merits of a claim.
Accrued interest is computed from the date of expiry of the period of 60 days to the date of filing, in accordance with the conditions prescribed by this Act, of the claim for repayment, the provisional claim or any other document or information requested.
1991, c. 11, s. 7; 1992, c. 32, s. 43; 2000, c. 53, s. 66.