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Canada Deposit Insurance Corporation Act (R.S.C., 1985, c. C-3)

Act current to 2024-06-19 and last amended on 2024-04-30. Previous Versions


  • — 1992, c. 26, s. 14

    • Existing security interests

      14 Paragraphs 39.15(1)(b) to (d) and subsection 39.15(2) of the said Act do not apply in respect of a remedy under, or a stipulation of, a security agreement creating a security interest in property of a federal member institution if the security interest

      • (a) was created before the later of

        • (i) the coming into force of subsection 419(1) of the Trust and Loan Companies Act, in the case of a federal member institution that is a company to which that Act applies, or of subsection 419(1) of the Bank Act, chapter 46 of the Statutes of Canada, 1991, in the case of a federal member institution that is a bank, and

        • (ii) the coming into force of section 11 of this Act; and

      • (b) is exempted by the Superintendent from the application of those paragraphs and that subsection.

  • — 1996, c. 6, s. 45.1(2)

      •  (2) Subsection (1) applies only in respect of deposit moneys received by an institution after that subsection comes into force.

  • — 2007, c. 29, s. 118

  • — 2023, c. 26, s. 629

    • Review

      629 After April 30, 2024, the Minister of Finance must undertake a review of section 12.01 of the Canada Deposit Insurance Corporation Act, as that section reads on April 30, 2024. The Minister must publish a report on the review.

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