Contents
Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to section 983(16) of the Bank Act, hereby makes the annexed Name Use by Non-financial Businesses (Excluded Entities) Regulations.notenote
Interpretation
Prescribed Entities
2Prescribed entities#
For the purpose of subsection 983(5.1) of the Act, the following entities are prescribed:
(a)an entity in which a bank has a substantial investment;
(b)a financial institution;
(c)an authorized foreign bank;
(d)any other foreign bank;
(e)an entity that is affiliated with a bank or a bank holding company;
(f)an entity in which a bank holding company has a substantial investment;
(g)an entity associated with a foreign bank;
(h)an entity in which a foreign bank has a substantial investment;
(i)an entity in which an entity associated with a foreign bank has a substantial investment;
(j)an entity that has a substantial investment in a bank or a bank holding company; and
(k)an entity that is affiliated with an entity that has a substantial investment in a bank or a bank holding company.
note
Coming into Force
*3Coming into force#
These Regulations come into force on the day on which subsection 983(2) of the Bank Act, as enacted by section 183 of the Financial Consumer Agency of Canada Act, chapter 9 of the Statutes of Canada, 2001, comes into force.
Federal laws of Canada reproduced under the Reproduction of Federal Law Order (SI/97-5); not the official version. Source: Justice Laws Website.