Canada Deposit Insurance Corporation Differential Premiums By-law

8.1 (1) A member institution, other than one classified in accordance with section 7, that was not in compliance with the Data Requirements By-law as of April 30 of the preceding premium year shall

• (a) if it would otherwise be classified in premium category 1 for the premium year in question, be classified in premium category 2;

• (b) if it would otherwise be classified in premium category 2 for the premium year in question, be classified in premium category 3; and

• (c) if it would otherwise be classified in premium category 3 or 4 for the premium year in question, be classified in premium category 4.

(2) A member institution, other than one classified in accordance with section 7, that was not in compliance with the Data Requirements By-law as of April 30 of each of the two preceding premium years shall

• (a) if it would otherwise be classified in premium category 1 for the premium year in question, be classified in premium category 3; and

• (b) if it would otherwise be classified in premium category 2, 3 or 4 for the premium year in question, be classified in premium category 4.

(3) A member institution, other than one classified in accordance with section 7, that was not in compliance with the Data Requirements By-law as of April 30 of each of the three preceding premium years shall be classified in premium category 4.