Hyperlawhypertext legal database Bank Act

← Historical versions

Versions of s. 66(3)

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
    Despite subsection (2), a bank may, subject to subsection (4), record in the stated capital account maintained for the shares of a class or series any part of the consideration it receives in an exchange if it issues shares
    Full text

    Despite subsection (2), a bank may, subject to subsection (4), record in the stated capital account maintained for the shares of a class or series any part of the consideration it receives in an exchange if it issues shares

  2. 2006-04-27 to 2012-12-19 View Source
    NotwithstandingDespite subsection (2), a bank maymay, subject to subsection (4), record in the appropriate stated capital account maintained for the shares of a class or series any part of the amount of any consideration it receives forin sharesan exchange if it issues shares
    Full text

    Despite subsection (2), a bank may, subject to subsection (4), record in the stated capital account maintained for the shares of a class or series any part of the consideration it receives in an exchange if it issues shares

  3. 2003-01-01 to 2006-04-27 View Source

    Notwithstanding subsection (2), a bank may record in the appropriate stated capital account part of the amount of any consideration it receives for shares it issues