Canada Deposit Insurance Corporation Differential Premiums By-law

14 (1) The Corporation shall, not later than July 15 of each premium year, notify every member institution of the premium category in which it has been classified under this By-law for that premium year.

(2) If the Corporation reviews the classification of a member institution based on information in respect of the institution that has come to its attention, including new or supplementary information submitted by the institution, and, as a result of that review, classifies the institution in a different premium category, the Corporation shall as soon as feasible notify the institution of that change.

(3) If the Corporation reviews the adjusted formula that applies in respect of a member institution referred to in section 4.1 based on information in respect of the institution that has come to its attention, including new or supplementary information submitted by the institution, and, as a result of that review, concludes that the applicable formula is the one referred to in section 4, the Corporation shall as soon as feasible notify the institution of that change.