GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
Subsidiaries Holding Company Shares (Trust and Loan Companies) Regulations — 3
3 For the purposes of paragraph 73(c) of the Act, subject to section 4, a company may permit a subsidiary of the company that is a regulated securities entity to hold shares of the company if the aggregate value of shares of the company held by all such subsidiaries, other than shares referred to in section 75 of the Act, does not exceed one per cent of the regulatory capital of the company.
Subsidiaries Holding Company Shares (Trust and Loan Companies) Regulations — 4
4 Where a subsidiary of a company is a regulated securities entity and is acting as a securities underwriter in connection with a distribution of shares of the company, the company may permit the subsidiary to hold shares of the company in excess of the limit set out in section 3 until the distribution is ended.
Foreign Bank Representative Offices Regulations — *
His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to sections 509 and 559 of the Bank Act * , is pleased hereby to revoke the Foreign Bank Representative Offices Regulations , made by Order in Council P.C. 1981-966 of April 9, 1981 ** , and to make the annexed Regulations respecting the registration and operation of foreign bank representative offices in substitution therefor, effective June 1, 1992. * S.C. 1991, c. 46 ** SOR/81-309, 1981 Canada Gazette Part II, p. 1202
Foreign Bank Representative Offices Regulations — 2
2 In these Regulations, Act means the Bank Act . ( Loi )
Foreign Bank Representative Offices Regulations — 3
3 A foreign bank may apply for registration of a representative office by submitting to the Superintendent (a) a written application setting out (i) the name of the foreign bank and the address of its head office, (ii) a reference to the law of the country, or a political subdivision thereof, pursuant to which the foreign bank was established, (iii) a description of the foreign bank’s business and operations, (iv) the present or proposed address of the representative office, (v) the name of each representative of the foreign bank who has been assigned to the representative office, together with a description of his business experience and duties, (vi) a description of the manner in which the foreign bank will supervise the operation of the representative office, (vii) the name and business address of the officer of the foreign bank to whom the chief representative of the representative office is to report directly, (viii) the maximum number of personnel to be employed at the representative office during the period preceding the submission of the first statement submitted pursuant to subsection 7(2); and (ix) the name of the person who is or will be the chief representative in the representative office; (b) subject to section 9, audited financial statements of the foreign bank for its last financial year, including a balance sheet and a statement of income and expenses that are expressed in Canadian currency and in the currency of the country or political subdivision of the country in which the head office of the foreign bank was established; (c) subject to section 9, a certificate of the regulatory authority governing banks of the country or political subdivision of the country in which the head office of the foreign bank is established, certifying that the foreign bank has been incorporated or established in accordance with the laws of that country or political subdivision, a reference to those laws and a statement that the foreign bank is in good standing with that authority; and (d) a certified copy of the resolution of the board of directors of the foreign bank authorizing the establishment of the representative office.
Foreign Bank Representative Offices Regulations — 4
4 (1) Where the Superintendent approves an application for registration of a representative office submitted pursuant to section 3, the Superintendent shall send the foreign bank written notice of the approval. (2) The registration of a representative office is effective on the date of the notice of approval referred to in subsection (1).
Foreign Bank Representative Offices Regulations — 5
5 (1) Where a change occurs in the information provided to the Superintendent by a foreign bank pursuant to subparagraphs 3(a)(iv) to (vii), the representative office of the foreign bank or the foreign bank shall, within 45 days of that change, advise the Superintendent in writing of the change. (2) Where a new chief representative in a representative office of a foreign bank is appointed, the representative office or the foreign bank shall, within one month of the appointment, notify the Superintendent in writing of the appointment.
Foreign Bank Representative Offices Regulations — 6
6 (1) No representative office of a foreign bank shall undertake a business activity other than (a) promoting the services of the foreign bank or an affiliate of the foreign bank other than an affiliate incorporated in Canada; or (b) acting as a liaison between clients of the foreign bank and other offices of the foreign bank or of affiliates of the foreign bank other than an affiliate incorporated in Canada. (2) No person employed in a representative office of a foreign bank shall, in the course of that employment, undertake or carry on any business activities other than activities that are in furtherance of the activities of the representative office referred to in paragraphs (1)(a) and (b). (3) Subsection (2) does not apply to employees of a foreign bank in respect of which an order under subsection 524(1) of the Act has been made. SOR/99-271, s. 3; SOR/2008-165, s. 1(F)
Foreign Bank Representative Offices Regulations — 7
7 (1) A foreign bank shall pay an annual fee on or before the first day of November of each year for each representative office of the foreign bank that is registered pursuant to these Regulations as of that date in the amount of $2,500 in respect of the maintenance of that registration by the Superintendent. (2) A representative office of a foreign bank shall, on or before the first day of November of each year, submit to the Superintendent a statement of the number of persons that are employed in the representative office. SOR/99-271, s. 4
Foreign Bank Representative Offices Regulations — 8
8 Subject to section 9, a representative office of a foreign bank shall submit to the Superintendent audited financial statements of the foreign bank in the form and manner described in paragraph 3(b) in respect of each financial year of the foreign bank at the time the financial statements become available to the shareholders of the foreign bank.
Foreign Bank Representative Offices Regulations — 9
9 (1) Where a document referred to in paragraph 3(b) or (c) or section 8 has already been submitted to the Superintendent by a foreign bank pursuant to the Act, that document need not be resubmitted to the Superintendent. (2) Where audited financial statements referred to in paragraph 3(b) or section 8 in respect of a financial year of a foreign bank are not available, the foreign bank or its representative office may, for the purposes of that paragraph or section, submit to the Superintendent unaudited financial statements of the foreign bank in respect of that year. (3) Where financial statements of a foreign bank for the financial year immediately preceding the submission by the foreign bank of an application pursuant to section 3 are not available, the foreign bank may submit to the Superintendent, for the purposes of paragraph 3(b), financial statements of the foreign bank for the financial year immediately preceding that year.
Registration of Bank Special Security Regulations — *
His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to subsection 426(2) and sections 427 and 559 of the Bank Act * , is pleased hereby to revoke the Payment of Fees Regulations , made by Order in Council P.C. 1980-3281 of December 4, 1980 ** and the Registration of Security Regulations , made by Order in Council P.C. 1982-56 of January 14, 1982 *** , and to make the annexed Regulations respecting the operation of a system of registration of security interests in substitution therefor, effective June 1, 1992. * S.C. 1991, c. 46 ** SOR/80-928, 1980 Canada Gazette Part II, p. 3745 *** SOR/82-113, 1982 Canada Gazette Part II, p. 346
Registration of Bank Special Security Regulations — 1
1 These Regulations may be cited as the Registration of Bank Special Security Regulations .
Registration of Bank Special Security Regulations — 2
2 In these Regulations, Act means the Bank Act ; ( Loi ) certificate of release means a certificate of release referred to in paragraph 427(4)(b) of the Act; ( certificat de dégagement ) notice of intention means a notice of intention referred to in paragraph 427(4)(a) of the Act; ( préavis ) special security means a security interest given under section 426 or 427 of the Act. ( garantie particulière )
Registration of Bank Special Security Regulations — Registration of Bank Special Security Regulations
certificate of release means a certificate of release referred to in paragraph 427(4)(b) of the Act; ( certificat de dégagement )
Registration of Bank Special Security Regulations — Registration of Bank Special Security Regulations
notice of intention means a notice of intention referred to in paragraph 427(4)(a) of the Act; ( préavis )
Registration of Bank Special Security Regulations — Registration of Bank Special Security Regulations
special security means a security interest given under section 426 or 427 of the Act. ( garantie particulière )
Registration of Bank Special Security Regulations — 3
3 On receipt from a bank of a notice of intention for registration, an agent shall (a) register it by numbering it consecutively and endorsing it with the place, date and time of receipt thereof; and (b) provide to the bank a certified copy of the registered notice of intention, endorsed with the signature and title of the agent.
Registration of Bank Special Security Regulations — 4
4 On receipt from a bank of a certificate of release, an agent shall (a) register it by numbering it consecutively and endorsing it with the place, date and time of receipt thereof and the number, place, date and time of registration of the notice of intention in respect of which the certificate is submitted for registration; and (b) provide to the bank a certified copy of the registered certificate of release, endorsed with the signature and title of the agent.
Registration of Bank Special Security Regulations — 5
5 On registration of a certificate of release under section 4, the registration of the notice of intention to which the certificate relates is cancelled and the notice of intention may be removed from the system of registration and destroyed.
Registration of Bank Special Security Regulations — 6
6 A registered certificate of release may be removed from the system of registration and destroyed after the expiration of five years after the date of receipt of the certificate of release.
Registration of Bank Special Security Regulations — 7
7 (1) Every bank shall, annually during the month of March, send by registered mail to each appropriate agency a statement (a) listing every notice of intention that was registered in the agency more than five years before the end of the preceding December in respect of which the special security that was given to the bank is still in effect, and indicating the number, place, date and time of registration thereof, and the name of the person who gave the special security; or (b) stating that there are no notices of intention as described in paragraph (a). (2) At the time that a bank sends the statement referred to in subsection (1), the registration of each notice of intention listed in the statement is extended. (3) On receipt of a statement referred to in subsection (1), an agent shall cancel the registration of, and may remove from the system of registration, all notices of intention that (a) were registered in the agency more than five years before the end of the December preceding the receipt of the statement; and (b) are not shown in the statement. SOR/94-367, s. 2(E)
Registration of Bank Special Security Regulations — 8
8 (1) For the purposes of subsection 426(2) of the Act, the form of instrument for the giving of a special security is the form set out in Schedule I. (2) For the purposes of subsection 427(1) of the Act, the form of document for the giving of a special security is the form set out in Schedule II.
Registration of Bank Special Security Regulations — 9
9 For the purposes of subsection 427(5) of the Act, the form of a notice of intention is the form set out in Schedule III.
Registration of Bank Special Security Regulations — 10
10 (1) Every person who requests a service in respect of the registration of a special security shall pay to the Bank of Canada at the appropriate agency a fee in the amount of (a) for the registration of a notice of intention for an initial five-year period and the provision of a certified and endorsed copy thereof, eight dollars; (b) for the registration of a notice of intention for each year beyond the initial five-year period, two dollars; (c) for the provision of any of the following services, three dollars, namely, (i) the registration of an amendment to a notice of intention registered in the agency and the provision of a certified and endorsed copy thereof, (ii) the production for inspection or the provision of a copy of a notice of intention registered in the agency, (iii) the production for inspection or the provision of a copy of a certificate of release registered in the agency, and (iv) the production for inspection of a register maintained in the agency; (d) for each search conducted by the personnel of the agency to ascertain whether a notice of intention in respect of a particular person is registered in the agency and, if so, to ascertain the name of the bank set out in the notice of intention, eight dollars; and (e) for the provision of the following services, twelve dollars, namely, (i) the registration of a notice of intention for an initial five-year period and the provision of a certified and endorsed copy thereof, and (ii) a search conducted by the personnel of the agency to ascertain whether a person named in a notice of intention is named in any other notice of intention registered in the agency and, if so, to ascertain the name of the bank set out in the notice of intention. (2) Notwithstanding subparagraph (1)(c)(iii), no fee shall be charged for the registration in an appropriate agency of a certificate of release submitted by a bank or the provision to the bank of a certified and endorsed copy thereof.
Registration of Bank Special Security Regulations — *
For good and valuable consideration, the undersigned hereby assigns over to the Bank, hereinafter called “the bank”, as continuing security for the payment of all loans and advances that have been or that may be made by the bank to ( insert the words “the undersigned” if signatory is the borrower; if not, insert name of borrower ) or renewals of such loans and advances, or substitutions therefor, and interest on such loans and advances and on any such renewals or substitutions, the following property of which the undersigned is now or may hereafter become the owner, to wit ( description and location of property of any or all of the kinds mentioned in section 426 of the Bank Act * ) * The description and location of property may be set out or continued on the back of the form or in a schedule annexed thereto.
Registration of Bank Special Security Regulations — *
( description and location of property of any or all of the kinds mentioned in section 426 of the Bank Act * ) * The description and location of property may be set out or continued on the back of the form or in a schedule annexed thereto.
Registration of Bank Special Security Regulations — Registration of Bank Special Security Regulations
This security is given under section 426 of the Bank Act .
Registration of Bank Special Security Regulations — Registration of Bank Special Security Regulations
The property now owned by the undersigned and hereby assigned is free from any mortgage, lien or charge thereon, other than previous assignments, if any, to ( the bank or other person, as the case may be ), and the undersigned warrants that the property that may hereafter be acquired by the undersigned and is hereby assigned shall be free from any mortgage, lien or charge thereon, other than any previous assignments to ( the bank or other person, as the case may be ).
Registration of Bank Special Security Regulations — *
For good and valuable consideration, the undersigned hereby assigns to the Bank (hereinafter referred to as “the bank”), as continuing security for the payment of all loans and advances that have been or may be made by the bank to ( insert the words “the undersigned” if signatory is the borrower; if not, insert name of borrower ) or renewals of such loans and advances, or substitutions therefor, and interest on such loans and advances and on any such renewals or substitutions, all property and classes of property hereinafter described of which the undersigned is now or may hereafter become the owner, to wit ( description of property or classes of property, including the number, name and port of registry of any registered or recorded vessels * ) * The description of property and designation of place may be set out or continued on the back of the form or in a schedule annexed thereto. and that is now or may hereafter be in the place or places hereinafter designated, to wit ( designation of place or places * ) or, where the property consists in whole or in part of fishing vessels, fishing equipment and supplies or products of the sea, lakes and rivers, wherever such property may be.
Registration of Bank Special Security Regulations — *
( description of property or classes of property, including the number, name and port of registry of any registered or recorded vessels * ) * The description of property and designation of place may be set out or continued on the back of the form or in a schedule annexed thereto.
Registration of Bank Special Security Regulations — Registration of Bank Special Security Regulations
and that is now or may hereafter be in the place or places hereinafter designated, to wit ( designation of place or places * )
Registration of Bank Special Security Regulations — Registration of Bank Special Security Regulations
or, where the property consists in whole or in part of fishing vessels, fishing equipment and supplies or products of the sea, lakes and rivers, wherever such property may be.
Registration of Bank Special Security Regulations — Registration of Bank Special Security Regulations
This security is given under section 427 of the Bank Act .
Registration of Bank Special Security Regulations — Registration of Bank Special Security Regulations
To Whom it May Concern: ( name of person, firm or company and mailing address ) hereby gives notice that it is intention to give security under section 427 of the Bank Act , to the Bank.
Registration of Bank Special Security Regulations — Registration of Bank Special Security Regulations
( name of person, firm or company and mailing address )
Registration of Bank Special Security Regulations — Registration of Bank Special Security Regulations
hereby gives notice that it is intention to give security under section 427 of the Bank Act , to the Bank.
Rules Governing Proceedings at Public Inquiries into Objections (Insurance Companies) — *
His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to subsection 26(5) of the Insurance Companies Act * , is pleased hereby to approve the annexed Rules governing proceedings at public inquiries into objections to proposed incorporations, continuances and amalgamations , made by the Superintendent of Financial Institutions. * S.C. 1991, c. 47
Rules Governing Proceedings at Public Inquiries into Objections (Insurance Companies) — 2
2 In these Rules, Act means the Insurance Companies Act ; ( Loi ) application means an application submitted pursuant to section 25, 32 or 250 of the Act; ( demande ) inquiry means a public inquiry held pursuant to subsection 26(3), 33(1) or 250(3) of the Act; ( enquête ) objection means an objection to a proposed incorporation, a proposed continuance or a proposed amalgamation, as the case may be; ( opposition ) party means an objector or an applicant; ( partie ) presiding officer means the Superintendent or, where a person has been appointed pursuant to section 7, that person. ( président ) SOR/98-534, s. 3
Rules Governing Proceedings at Public Inquiries into Objections (Insurance Companies) — Rules Governing Proceedings at Public Inquiries into Objections (Insurance Companies)
Act means the Insurance Companies Act ; ( Loi )
Rules Governing Proceedings at Public Inquiries into Objections (Insurance Companies) — Rules Governing Proceedings at Public Inquiries into Objections (Insurance Companies)
application means an application submitted pursuant to section 25, 32 or 250 of the Act; ( demande )
Rules Governing Proceedings at Public Inquiries into Objections (Insurance Companies) — Rules Governing Proceedings at Public Inquiries into Objections (Insurance Companies)
inquiry means a public inquiry held pursuant to subsection 26(3), 33(1) or 250(3) of the Act; ( enquête )
Rules Governing Proceedings at Public Inquiries into Objections (Insurance Companies) — Rules Governing Proceedings at Public Inquiries into Objections (Insurance Companies)
objection means an objection to a proposed incorporation, a proposed continuance or a proposed amalgamation, as the case may be; ( opposition )
Rules Governing Proceedings at Public Inquiries into Objections (Insurance Companies) — Rules Governing Proceedings at Public Inquiries into Objections (Insurance Companies)
party means an objector or an applicant; ( partie )
Rules Governing Proceedings at Public Inquiries into Objections (Insurance Companies) — Rules Governing Proceedings at Public Inquiries into Objections (Insurance Companies)
presiding officer means the Superintendent or, where a person has been appointed pursuant to section 7, that person. ( président )
Rules Governing Proceedings at Public Inquiries into Objections (Insurance Companies) — 3
3 These Rules apply in respect of public inquiries held pursuant to subsection 26(3), 33(1) or 250(3) of the Act.
Rules Governing Proceedings at Public Inquiries into Objections (Insurance Companies) — 4
4 (1) Where the Superintendent is satisfied that it is necessary and in the public interest that an inquiry be held into an objection, the Superintendent shall, at least 14 days before the inquiry, (a) publish a notice of the inquiry in the Canada Gazette and in a newspaper in general circulation at or near the place where the head office of the company is to be situated; and (b) serve the parties with a notice of the inquiry, a copy of the objection and an invitation to attend the inquiry. (2) The notice referred to in subsection (1) shall set out (a) the date, time and place of the inquiry; (b) the purpose of the inquiry and the substance of the objection; (c) the name of the presiding officer; and (d) such other information as the Superintendent considers appropriate.
Rules Governing Proceedings at Public Inquiries into Objections (Insurance Companies) — 5
5 (1) The Superintendent shall cancel an inquiry where (a) the application is withdrawn; or (b) the objection is withdrawn or, if there is more than one objection, all of the objections are withdrawn. (2) Where an inquiry is cancelled, the Superintendent shall serve the parties with, and publish in accordance with paragraph 4(1)(a), a notice of the cancellation.