← Historical versions

Versions of s. 403(2)

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. 2012-12-19 to present available View Source
    A court may, on an application under subsection (1), make suchany order asthat the circumstances require to give effect to the terms of the directiondirection, andincluding may, without limiting the generality of the foregoing, requirerequiring the bank concerned to sell the sharesshares, or to redeem, purchase or transfer to another member the membership shares, that are the subject-matter of the direction.
    Full text

    A court may, on an application under subsection (1), make any order that the circumstances require to give effect to the terms of the direction, including requiring the bank concerned to sell the shares, or to redeem, purchase or transfer to another member the membership shares, that are the subject-matter of the direction.

  2. 2003-01-01 to 2012-12-19 View Source

    A court may, on an application under subsection (1), make such order as the circumstances require to give effect to the terms of the direction and may, without limiting the generality of the foregoing, require the bank concerned to sell the shares that are the subject-matter of the direction.