Cooperative Credit Associations Act — C-41.01 2
zed and operated on cooperative principles; ( coopérative ) court means (a) in the Province of Ontario, the Superior Court of Justice, (b) in the Province of Quebec, the Superior Court of the Province, (c) in the Provinces of Nova Scotia, British Columbia, and Prince Edward Island, the Supreme Court of the Province, (d) in the Provinces of New Brunswick, Manitoba, Saskatchewan and Alberta, the Court of Queen’s Bench for the Province, (e) in the Province of Newfoundland and Labrador, the Trial Division of the Supreme Court of the Province, and (f) the Supreme Court of Yukon, the Supreme Court of the Northwest Territories and the Nunavut Court of Justice; ( tribunal ) court of appeal means the court to which an appeal lies from a decision or order of a court; ( cour d’appel ) debt obligation means a bond, debenture, note or other evidence of indebtedness of an entity, whether secured or unsecured; ( titre de créance ) delegate means a natural person appointed or elected to represent a member of an association at a meeting of members; ( délégué ) deposit protection agency means an entity established (a) to provide or administer a stabilization or mutual aid fund for local cooperative credit societies, (b) to assist in the payment of any losses incurred by the members of a local cooperative credit society in the liquidation of the society, or (c) to provide deposit insurance for members of local cooperative credit societies; ( agence d’assurance-dépôts ) director means a natural person occupying the position of director, by whatever name called, of a body corporate, and board of directors or directors refers to the directors of a body corporate as a body; ( administrateur , conseil d’administration ou conseil ) entity means a body corporate, trust, partnership, fund, an unincorporated organization, Her Majesty in right of Canada or of a province, an agency of Her Majesty in either of such rights and the government of a foreign country or any political subdivision thereof and any agency thereof; ( entité ) federal credit union has the same meaning as in section 2 of the Bank Act ; ( coopérative de crédit fédérale ) federal league means a cooperative corporation incorporated under an Act of Parliament whose membership consists wholly or primarily of federal credit unions and whose principal purpose is the provision of administrative, technical, research and consultative services, and goods related to those services, to any cooperative credit society or to persons intending to organize or operate such a society; ( confédération fédérale ) fiduciary means any person acting in a fiduciary capacity, and includes a personal representative of a deceased person; ( représentant ) financial institution means (a) an association, (b) a bank or an authorized foreign bank within the meaning of section 2 of the Bank Act , (c) a body corporate to which the Trust and Loan Companies Act applies, (d) an insurance company or a fraternal benefit society incorporated or formed under the Insurance Companies Act , (e) a trust, loan or insurance corporation incorporated by or under an Act of the legislature of a province, (f) a cooperative credit society incorporated and regulated by or under an Act of the legislature of a province, (g) an entity that is incorporated or formed by or under an Act of Parliament or of the legislature of a province and that is primarily engaged in dealing in securities, including portfolio management and investment counselling, and (h) a foreign institution; ( institution financière ) foreign institution means an entity that is (a) engaged in the business of banking, the trust, loan or insurance business, the business of a cooperative credit society or the business of dealing in securities or is otherwise engaged primarily in the business of providing financial services, and (b) incorporated or formed otherwise than by or under an Act of Parliament or of the legislature of a province; ( institution étrangère ) former Act means