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Canada Deposit Insurance Corporation Differential Premiums By-law

Version of section 5 from 2019-02-08 to 2024-06-11:

  •  (1) The Corporation shall, before July 15 of each premium year, classify every member institution in accordance with sections 7, 8, 8.1 and 12.

  • (2) If an institution has been a member institution for a period of between 6 and 18 months on the day on which it is classified under subsection (1), the Corporation may review its classification and reclassify it in accordance with subsection 8.1(4) once the institution has been a member institution for at least 18 months.

  • SOR/2019-43, s. 3

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