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Versions of s. 287(1)

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
    Within twenty20 days after the offeror sends an offeror’sa notice under subsection 285(1), the offeror shall pay the money, or transfer the other consideration, to the offeree bank the amount of money or other consideration that the offeror would have had to pay or transfer to a dissenting offeree if the dissenting offeree had elected to transfer the dissenting offeree’stheir shares as described in subparagraphaccordance 285(1)(c)(i).with paragraph 286(b).
    Full text

    Within 20 days after the offeror sends a notice under subsection 285(1), the offeror shall pay the money, or transfer the other consideration, to the offeree bank that the offeror would have had to pay or transfer to a dissenting offeree if the dissenting offeree had elected to transfer their shares in accordance with paragraph 286(b).

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

    Within twenty days after the offeror sends an offeror’s notice under subsection 285(1), the offeror shall pay or transfer to the offeree bank the amount of money or other consideration that the offeror would have had to pay or transfer to a dissenting offeree if the dissenting offeree had elected to transfer the dissenting offeree’s shares as described in subparagraph 285(1)(c)(i).