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Business Development Bank of Canada Act

Version of section 2 from 2014-12-16 to 2024-03-06:


Marginal note:Definitions

 In this Act,

Bank

Bank means the Business Development Bank of Canada continued by subsection 3(1); (Banque)

bill of lading

bill of lading has the same meaning as in subsection 425(1) of the Bank Act; (connaissement)

Board

Board means the Board of Directors of the Bank; (conseil)

by-law

by-law means a by-law of the Bank; (règlement administratif)

Chairperson

Chairperson means the Chairperson of the Board; (président du conseil)

Crown

Crown means Her Majesty in right of Canada; (Version anglaise seulement)

debt obligation

debt obligation means a bond, debenture, note, investment certificate or other evidence of indebtedness or a guarantee of a corporation, whether secured or unsecured; (titre de créance)

Designated Minister

Designated Minister means such member of the Queen’s Privy Council for Canada as may be designated by the Governor in Council as the Minister for the purposes of this Act; (ministre compétent)

director

director means a member of the Board; (administrateur)

enterprise

enterprise means an organized economic activity carried on by one or more persons; (entreprise)

Executive Committee

Executive Committee[Repealed, 2014, c. 39, s. 211]

goods, wares and merchandise

goods, wares and merchandise has the same meaning as in subsection 425(1) of the Bank Act; (effets, denrées ou marchandises)

joint venture

joint venture means an association of persons, when the relationship among those associated persons does not, under the laws of Canada, constitute a corporation, partnership or trust; (coentreprise)

person

person includes a trust, a partnership, a joint venture and an association of natural persons or corporations; (personne)

President

President means the President of the Bank; (président)

resolution

resolution means a resolution of the Board; (résolution)

securities

securities means the shares of any class or series of shares or the debt obligations of a corporation and includes certificates evidencing those shares or debt obligations; (valeurs mobilières)

subsidiary

subsidiary has the same meaning as in subsection 83(6) of the Financial Administration Act; (filiale)

warehouse receipt

warehouse receipt has the same meaning as in subsection 425(1) of the Bank Act. (récépissé d’entrepôt)

  • 1995, c. 28, s. 2
  • 2014, c. 39, s. 211

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