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Office of the Superintendent of Financial Institutions Act

Version of section 19 from 2003-01-01 to 2012-12-18:


Marginal note:Ownership

 No member of the committee referred to in section 18, person appointed under subsection 5(5) or Deputy Superintendent shall beneficially own, directly or indirectly, any shares of any financial institution, bank holding company, insurance holding company or of any other body corporate, however created, carrying on any business in Canada that is substantially similar to any business carried on by any financial institution.

  • R.S., 1985, c. 18 (3rd Supp.), s. 19
  • 2001, c. 9, s. 470

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