Canada Deposit Insurance Corporation Data and System Requirements By-law

Marginal note:Definitions

• 1 (1) The following definitions apply in this By-law.

  Act

  Loi

  Act means the Canada Deposit Insurance Corporation Act. (Loi)

  business day

  jour ouvrable

  business day, in respect of a member institution, means a weekday that is not a holiday at the location of its head office. (jour ouvrable)

  Data Requirements

  exigences en matière de données

  Data Requirements means the Data and System Requirements issued by the Corporation, as amended from time to time. (exigences en matière de données)

  determination date

  date-repère

  determination date, in respect of a member institution, means

  • (a) if a winding-up order is made in respect of the institution before the day on which the Corporation makes a payment under section 14 of the Act, the day on which the petition or other originating process is filed in respect of the winding-up; and

  • (b) if a winding-up order is not made in respect of the institution, the day on which any of the circumstances described in subsection 14(2.1) of the Act first occurred in respect of the institution. (date-repère)

  determination time

  heure-repère

  determination time means

  • (a) if the determination date is a business day, the time by which all of the transactions made on that business day are processed and posted to the deposit liability records of the depositors of the member institution; and

  • (b) if the determination date is not a business day, the time by which all of the transactions made on the business day immediately preceding the determination date are processed and posted to the deposit liability records of the depositors of the member institution. (heure-repère)

  standardized data

  données standardisées

  standardized data means deposit liability data presented in accordance with the Data Requirements. (données standardisées)

• Marginal note:Reference to day or time

  (2) In this By-law,

  • (a) a reference to a day, in respect of a member institution, is a reference to a period of 24 hours beginning immediately after midnight at the location of its head office; and

  • (b) a reference to a particular time, in respect of a member institution, is a reference to that time at the location of its head office.