Hyperlawhypertext legal database Bank Act

← Historical versions

Versions of s. 274(1)

B-1.01 — Bank Act · 3 versions · View current text

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

  1. 2012-12-19 to present available View Source
    On application by a bank or any person proposing to make a distribution, the Superintendent may, by order, exempt that distribution from the application of any regulations made under subsection 273(2) or 273.1(2) if the Superintendent is satisfied that the bank or federal credit union, as the case may be, has disclosed or is about to disclose, in compliance with the laws of the relevant jurisdiction, information relating to the distribution that in form and content substantially complies with the requirements of those regulations.
    Full text

    On application by a bank or any person proposing to make a distribution, the Superintendent may, by order, exempt that distribution from the application of any regulations made under subsection 273(2) or 273.1(2) if the Superintendent is satisfied that the bank or federal credit union, as the case may be, has disclosed or is about to disclose, in compliance with the laws of the relevant jurisdiction, information relating to the distribution that in form and content substantially complies with the requirements of those regulations.

  2. 2006-11-28 to 2012-12-19 View Source
    AOn preliminaryapplication prospectusby ina relationbank or any person proposing to make a distribution, the Superintendent may, by order, exempt that distribution of securities shall substantially comply withfrom the requirementsapplication of this Act and any regulations made under subsection 275(1)273(2) respectingif the Superintendent is satisfied that the bank has disclosed or is about to disclose, in compliance with the laws of the relevant jurisdiction, information relating to the distribution that in form and content ofsubstantially acomplies prospectus,with exceptthe that any report or reportsrequirements of thethose auditor or auditors of the bank required by the regulations need not be included.regulations.
    Full text

    On application by a bank or any person proposing to make a distribution, the Superintendent may, by order, exempt that distribution from the application of any regulations made under subsection 273(2) if the Superintendent is satisfied that the bank has disclosed or is about to disclose, in compliance with the laws of the relevant jurisdiction, information relating to the distribution that in form and content substantially complies with the requirements of those regulations.

  3. 2003-01-01 to 2006-11-28 View Source

    A preliminary prospectus in relation to the distribution of securities shall substantially comply with the requirements of this Act and any regulations made under subsection 275(1) respecting the form and content of a prospectus, except that any report or reports of the auditor or auditors of the bank required by the regulations need not be included.