Government of Canada / Gouvernement du Canada
Symbol of the Government of Canada

Search

This Web page has been archived on the Web.

Financial Consumer Agency of Canada Act (S.C. 2001, c. 9)

Assented to 2001-06-14

R.S., c. 32 (2nd Supp.)Pension Benefits Standards Act, 1985

583. Subsection 38(4) of the Pension Benefits Standards Act, 1985 is replaced by the following:

  • Marginal note:Limitation period

    (4) Proceedings in respect of an offence under this Act may be commenced at any time within, but not later than, two years after the day on which the subject-matter of the proceedings became known to the Superintendent.

  • Marginal note:Certificate of Superintendent

    (4.1) A document appearing to have been issued by the Superintendent, certifying the day on which the subject-matter of any proceedings became known to the Superintendent, is admissible in evidence without proof of the signature or official character of the person appearing to have signed it and is, in the absence of evidence to the contrary, proof of the matter asserted in it.

CONSEQUENTIAL AMENDMENTS

R.S., c. A-1Access to Information Act

584. Schedule I to the Access to Information Act is amended by adding the following in alphabetical order under the heading “Other Government Institutions”:

  • Financial Consumer Agency of Canada

    Agence de la consommation en matière financière du Canada

Marginal note:

585. Schedule II to the Act is amended by replacing the reference to “subsections 29(1) and 29.1(5)” opposite the reference to the Competition Act with a reference to “subsections 29(1), 29.1(5) and 29.2(5)”.

R.S., c. B-4Bills of Exchange Act

586. Section 164 of the Bills of Exchange Act is replaced by the following:

Definition of “bank”

164. In this Part, “bank” includes every member of the Canadian Payments Association established under the Canadian Payments Act and every local cooperative credit society, as defined in that Act, that is a member of a central, as defined in that Act, that is a member of the Canadian Payments Association.

1998, c. 36Canada Small Business Financing Act

587. Paragraphs (a) and (b) of the definition “lender” in section 2 of the Canada Small Business Financing Act are replaced by the following:

  • (a) a member of the Canadian Payments Association, established by subsection 3(1) of the Canadian Payments Act,

    • (i) referred to in paragraph 4(1)(b) or (c) or any of paragraphs 4(2)(a) to (c) of that Act, or

    • (ii) referred to in any of paragraphs 4(2)(d) to (h) of that Act if the member meets the prescribed conditions;

  • (b) a local cooperative credit society, within the meaning of subsection 2(1) of the Canadian Payments Act, that is a member of a central cooperative credit society, within the meaning of that subsection, if that central cooperative credit society is a member of the Canadian Payments Association; or

R.S., c. F-11Financial Administration Act

588. Schedule I.1 to the Financial Administration Act is amended by adding the following in alphabetical order in column I:

  • Financial Consumer Agency of Canada

    Agence de la consommation en matière financière du Canada

and a corresponding reference in column II to the “Minister of Finance”.

R.S., c. 28 (1st Supp.)Investment Canada Act

Marginal note:1991, c. 46, s. 600

589. Paragraph 10(1)(h) of the Investment Canada Act is replaced by the following:

  • (h) any transaction to which section 522.28 of the Bank Act applies;

R.S., c. P-21Privacy Act

590. The schedule to the Privacy Act is amended by adding the following in alphabetical order under the heading “Other Government Institutions”:

  • Financial Consumer Agency of Canada

    Agence de la consommation en matière financière du Canada

R.S., c. P-35Public Service Staff Relations Act

Marginal note:

591. Part II of Schedule I to the Public Service Staff Relations Act is amended by adding the following in alphabetical order:

  • Financial Consumer Agency of Canada

    Agence de la consommation en matière financière du Canada

R.S., c. P-36Public Service Superannuation Act

Marginal note:

592. Part I of Schedule I to the Public Service Superannuation Act is amended by adding the following in alphabetical order:

  • Financial Consumer Agency of Canada

    Agence de la consommation en matière financière du Canada

COMING INTO FORCE

Marginal note:Coming into force

593. The provisions of this Act, other than subsections 120(2), 122(2), 155(2), 157(2), 424(2) and 444(2), section 473 and subsections 545(2) and 547(2), or the provisions of any Act enacted or amended by this Act, come into force on a day or days to be fixed by order of the Governor in Council.

Marginal note:Authority to substitute actual date

594. The Governor in Council may, by regulation, amend any provision of the Bank Act, the Cooperative Credit Associations Act, the Insurance Companies Act or the Trust and Loan Companies Act that contains a reference to the coming into force of any provision of any of those Acts, or a reference to the coming into force of any provision of this Act, by replacing that reference with a reference to the actual date of the coming into force of the provision.

Table of Contents

 

Date modified: