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Bank Act

Version of section 442 from 2003-01-01 to 2022-06-29:


Marginal note:Disclosure in advertisements

 No person shall authorize the publication, issue or appearance of any advertisement in Canada that indicates the rate of interest offered by a bank on an interest-bearing deposit or a debt obligation unless the advertisement discloses, in accordance with the regulations, how the amount of interest is to be calculated.


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