Jobs and Economic Growth Act (S.C. 2010, c. 12)
Full Document:
Assented to 2010-07-12
Marginal note:R.S., c. C-3
Canada Deposit Insurance Corporation Act
Marginal note:1992, c. 26, s. 1(2)
2094. (1) The definition “share” in section 2 of the Canada Deposit Insurance Corporation Act is replaced by the following:
“share”
« action »
“share” includes
(a) a conversion or exchange privilege, issued by a member institution, that is convertible at any time into a share,
(b) an option or a right, issued by a member institution, to acquire a share or a privilege referred to in paragraph (a), and
(c) a membership share within the meaning of section 2 of the Bank Act;
(2) Section 2 of the Act is amended by adding the following in alphabetical order:
“federal credit union”
« coopérative de crédit fédérale »
“federal credit union” has the same meaning as in section 2 of the Bank Act;
“local cooperative credit society”
« société coopérative de crédit locale »
“local cooperative credit society” has the same meaning as in section 2 of the Bank Act;
“shareholder”
« actionnaire »
“shareholder” includes the holder of a membership share of a federal credit union;
Marginal note:R.S., c. 18 (2nd Supp.), s. 1(1)
2095. Paragraph 5(1.1)(c) of the Act is replaced by the following:
(c) a director, officer or employee of a federal institution, a provincial institution or a local cooperative credit society.
2096. Paragraph 6(3)(c) of the Act is replaced by the following:
(c) is a director, officer or employee of a federal institution, a provincial institution or a local cooperative credit society.
Marginal note:2009, c. 2, s. 235
2097. Paragraph 10.01(1)(a) of the Act is replaced by the following:
(a) sections 47.03, 47.04, 47.06, 47.09, 47.11, 47.15, 47.17, 47.18 and 60.1, subsection 79.2(1) and sections 372, 373, 374, 375, 376, 376.1, 376.2, 377, 377.1, 377.2 379, 382.1, 385, 401.11, 401.2 and 401.3 of the Bank Act;
- Date modified:
