Canada Cooperatives Regulations
53 (1) For the purpose of paragraph 130(1)(b) of the Act,
(a) the following laws of Canada or a province are prescribed:
(i) the Canadian Aviation Regulations made under the Aeronautics Act,
(ii) the Canada Transportation Act and any regulations made under it,
(iii) the Canada Oil and Gas Land Regulations and the Canada Oil and Gas Drilling and Production Regulations made under the Territorial Lands Act,
(iv) the Broadcasting Act,
(v) the Northern Mineral Exploration Assistance Regulations made under the Appropriation Act No. 9, 1966,
(vi) section 19 of the Income Tax Act,
(vii) the Securities Act (Ontario), R.S.O. 1990, c. S-5, as amended from time to time, and any regulations made under it,
(viii) the Securities Act (Quebec), R.S.Q., c. V-1.1 and any regulations made under it, and
(ix) any other law of Canada or of a province that has requirements in relation to Canadian ownership; and
(b) financial intermediary means a bank, a trust company, a loan company, an insurance company, an investment company, an association and a body corporate carrying on business as a securities broker, a dealer or an underwriter.
(2) For the purpose of paragraph 130(1)(c) of the Act, the following laws of Canada are prescribed:
(a) the Canada Petroleum Resources Act and any regulations made under it; and
(b) the Canada Transportation Act and any regulations made under it.
(3) For the purpose of paragraph 130(1)(d) of the Act, the following laws are prescribed:
(a) the Insurance Companies Act and any regulations made under it; and
(b) the Trust and Loan Companies Act and any regulations made under it.
(4) For the purpose of subsection 131(1) and paragraph 183(5)(b) of the Act, the following laws are prescribed:
(a) the Insurance Companies Act and any regulations made under it;
(b) the Trust and Loan Companies Act and any regulations made under it; and
(c) the Income Tax Act and any regulations made under it.
- SOR/2001-513, s. 18
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