Directive: Canada Debt .ca defines Directive

Bankruptcy Term Directive

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Canada Debt has the definition to the bankruptcy and debt term Directive. Finding answers to terms such as Directive can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Directive in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Directive' is used as follows:

Subsection 5(4) of the Act empowers the Superintendent to issue directives. Every person to whom a directive is issued must comply with the directive. Directives may be issued concerning