Use of the Word “Bank” by Non-financial Businesses (Excluded Entities) Regulations (SOR/2001-408)
Full Document:
- HTMLFull Document: Use of the Word “Bank” by Non-financial Businesses (Excluded Entities) Regulations (Accessibility Buttons available) |
- XMLFull Document: Use of the Word “Bank” by Non-financial Businesses (Excluded Entities) Regulations [6 KB] |
- PDFFull Document: Use of the Word “Bank” by Non-financial Businesses (Excluded Entities) Regulations [105 KB]
Regulations are current to 2024-11-26 and last amended on 2010-03-25. Previous Versions
Use of the Word “Bank” by Non-financial Businesses (Excluded Entities) Regulations
SOR/2001-408
Registration 2001-10-04
Use of the Word “Bank” by Non-financial Businesses (Excluded Entities) Regulations
P.C. 2001-1779 2001-10-04
Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to section 983(16)Footnote a of the Bank ActFootnote b, hereby makes the annexed Name Use by Non-financial Businesses (Excluded Entities) Regulations.
Return to footnote aS.C. 2001, c. 9, s. 183
Return to footnote bS.C. 1991, c. 46
Interpretation
- SOR/2008-157, s. 2(F)
Definition of Act
1 In these Regulations, Act means the Bank Act.
- SOR/2008-157, s. 3
Prescribed Entities
Marginal note:Prescribed entities
2 For the purpose of subsection 983(5.1) of the Act, the following entities are prescribed:
(a) an entity in which a bank has a substantial investment;
(b) a financial institution;
(c) an authorized foreign bank;
(d) any other foreign bank;
(e) an entity that is affiliated with a bank or a bank holding company;
(f) an entity in which a bank holding company has a substantial investment;
(g) an entity associated with a foreign bank;
(h) an entity in which a foreign bank has a substantial investment;
(i) an entity in which an entity associated with a foreign bank has a substantial investment;
(j) an entity that has a substantial investment in a bank or a bank holding company; and
(k) an entity that is affiliated with an entity that has a substantial investment in a bank or a bank holding company.
- SOR/2002-107, s. 1
- SOR/2008-157, s. 4
- SOR/2010-71, s. 3
Coming into Force
Marginal note:Coming into force
Footnote *3 These Regulations come into force on the day on which subsection 983(2) of the Bank Act, as enacted by section 183 of the Financial Consumer Agency of Canada Act, chapter 9 of the Statutes of Canada, 2001, comes into force.
Return to footnote *[Note: Regulations in force October 24, 2001, see SI/2001-102.]
- Date modified: