Question

As per the Factoring Regulation Act what are the obligations of the debtor upon receiving a notice of assignment as referred to in section 8?

A The debtor must provide any information requested by the assignee about the receivable but is not obligated to make any payment to the assignee
B The debtor must make the payment due on an assigned receivable to the assignee but is not obligated to provide any information to the assignee
C The debtor must provide any information requested by the assignee about the receivable and must make the payment due on an assigned receivable to the assignee
D The debtor is not required to take any action upon receiving a notice of assignment
E The debtor must only inform the assignee about the deposits or payments made to the assignor
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