The Fair Trading Act and the Collection Practices Regulation do not apply to businesses or people collecting their own debt, a lawyer who is collecting a debt for a client, a civil enforcement bailiff or agency while seizing security, and people working while licensed under the Insurance Act. The Legislation Fair Trading Act Collection Practices Regulation General Licensing and Security Regulation Appeal Board Regulation Copies of Acts and regulations are available from Queen s Printer. See Other information. If you are applying in person, you can pay this fee using Visa, MasterCard or cash. This fee is for a one-year licence.
Licences take effect the date they are issued.
The department will send you a notice and the appropriate forms before your licence needs to be renewed. License holders must notify Alberta Government Services in writing if the address on their business licence changes. You may get this security in one of two ways. A cash security is a term deposit or similar instrument issued in favour of the Government of Alberta and is held on deposit for the Director of Fair Trading. The amount could increase at the discretion of the Director of Fair Trading.