Hyperlawhypertext legal database Bank Act

← Historical versions

Versions of s. 272(1)(a)

B-1.01 — Bank Act · 2 versions · View current text

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

  1. 2006-11-28 to present available View Source
    if the plaintiff is liablea topurchaser, compensatethe anyprice personthat they paid for anythe directsecurity lossless sufferedthe byaverage thatmarket person as a resultprice of the transaction,security unlessover the information20 wastrading knowndays orimmediately infollowing general disclosure of the exercise of reasonable diligence should have been known to that person;information; and
    Full text

    if the plaintiff is a purchaser, the price that they paid for the security less the average market price of the security over the 20 trading days immediately following general disclosure of the information; and

  2. 2003-01-01 to 2006-11-28 View Source

    is liable to compensate any person for any direct loss suffered by that person as a result of the transaction, unless the information was known or in the exercise of reasonable diligence should have been known to that person; and