The AUC is seeking feedback on a number of proposed amendments to Rule 023
: Rules Respecting Payment of Interest
. Rule 023 provides guidance regarding the payment of interest on outstanding balances.
The proposed amendments simplify Rule 023 and ensure broad application of the rule. To participate in the consultation, please register on the Rule 023 AUC Engage project page
. The deadline for submitting comments was Thursday, October, 7, 2021.