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Versions of s. 518(4)

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. 2008-05-19 to present available View Source
    Despite subsection (1), a foreign bank, or an entity associated with a foreign bank, that has received the approval of the Minister under paragraph 522.22(1)(f) tomay engageguarantee in or carry on the business of dealing inany securities or theaccept any bills of exchange or depository bills in relation to its business ofpermitted aunder cooperativeparagraph credit522.18(1)(a) societyor may(b).
    Full text

    Despite subsection (1), a foreign bank, or an entity associated with a foreign bank, that has received the approval of the Minister under paragraph 522.22(1)(f) may guarantee any securities or accept any bills of exchange or depository bills in relation to its business permitted under paragraph 522.18(1)(a) or (b).

  2. 2003-01-01 to 2008-05-19 View Source

    Despite subsection (1), a foreign bank, or an entity associated with a foreign bank, that has received the approval of the Minister under paragraph 522.22(1)(f) to engage in or carry on the business of dealing in securities or the business of a cooperative credit society may