GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
Trust and Loan Companies Act — T-19.8 539.12
Regulations — provision and receipt of documents 539.12 The Governor in Council may make regulations respecting the time and place at which and the circumstances under which an electronic document is considered to be provided or received. 2005, c. 54, s. 452
Trust and Loan Companies Act — T-19.8 539.13
Content and form of notices and documents 539.13 The Minister, Superintendent, Commissioner or Bank of Canada may establish the requirements for the content and fix the form, including electronic and other forms, of notices and documents sent to or issued by each of them under this Act or the regulations, including (a) the notices and documents that may be sent in electronic or other form; (b) the persons or classes of persons who may send notices and documents; (c) their signature in electronic or other form or their execution, adoption or authorization in a manner that is to have the same effect for the purposes of this Act as their signature; (d) the time and place at which and the circumstances under which electronic documents are considered to be sent or received; and (e) any matter necessary for the purposes of the application of this section. 2005, c. 54, s. 452
Trust and Loan Companies Act — T-19.8 539.14
Exemption 539.14 In the prescribed circumstances, the Minister, the Superintendent, the Commissioner or the Bank of Canada may, on any conditions that they consider appropriate, exempt from the application of any provision of this Act requiring a notice or document to be sent to them any notice or document, or class of notice or document, containing information similar to that contained in a notice or document required to be made public under any other Act of Parliament or any Act of the legislature of a province. 2005, c. 54, s. 452
Trust and Loan Companies Act — T-19.8 Coming into force
Coming into force * 563 (1) Subject to subsection (2), this Act or any provision thereof shall come into force on a day or days to be fixed by order of the Governor in Council. * [Note: Act, except subsections 250(1) and (2), in force June 1, 1992, see SI/92-89.] Idem (2) Subsections 250(1) and (2) shall come into force on the day that is six months after the coming into force of subsections 243(1) and (2).
Trust and Loan Companies Act — T-19.8 239
Retroactivity — section 504 of Trust and Loan Companies Act 239 Section 504 of the Trust and Loan Companies Act applies to information referred to in that section that has been used or in relation to which oral testimony has been given or a document has been produced, before the day on which this Division comes into force, in any civil proceedings in respect of which a final decision has not been made before that day.
Trust and Loan Companies Act — T-19.8 246
Regulations apply — section 504 of Trust and Loan Companies Act 246 The regulations made under paragraph 531(1)(a) of the Trust and Loan Companies Act that prescribe supervisory information for the purposes of section 503.1 of that Act apply for the purposes of section 504 of that Act until regulations made under that paragraph for the purposes of that section 504 are in force.
Trust and Loan Companies Act — T-19.8 310
310 (1) Paragraphs 410(1)(c) and (c.1) of the Trust and Loan Companies Act are replaced by the following: (b.1) subject to sections 416 and 417 and the regulations, engage in any activity that relates to the provision of financial services by the company or any of its affiliates; (c) subject to the regulations, engage in any of the following activities: (i) collecting, manipulating and transmitting information, and (ii) designing, developing, manufacturing, selling and otherwise dealing with information technology, if those activities relate to (A) an activity referred to in this subsection that is engaged in by the company or any of its affiliates, or (B) the provision of financial services by any other entity,
Trust and Loan Companies Act — T-19.8 310
310 (3) Paragraph 410(3)(a) of the Act is replaced by the following: (a) respecting what a company may or may not do with respect to the carrying on of the activities referred to in paragraphs (1)(b.1), (c) and (d.1); (4) Paragraph 410(3)(b) of the English version of the Act is replaced by the following: (b) imposing terms and conditions in respect of the provision of the services referred to in paragraphs (1)(a) and 409(2)(c) and the carrying on of the activities referred to in paragraphs (1)(b.1), (c) and (d.1); and (5) Paragraph 410(3)(c) of the Act is replaced by the following: (c) respecting the circumstances in which a company may engage in the activities referred to in paragraphs (1)(b.1) and (c), including the circumstances in which it may collect, manipulate and transmit information under subparagraph (1)(c)(i).
Trust and Loan Companies Act — T-19.8 311
311 Section 411 of the Act is replaced by the following: Networking 411 (1) Subject to section 416 and the regulations, a company may (a) act as agent for any person in respect of (i) the carrying on of any activity referred to in subsection 410(1) that is engaged in by a financial institution, by a permitted entity as defined in subsection 449(1), if that definition were read without reference to the requirements of subsections 453(4) to (6), or by a prescribed entity, and (ii) the provision of any service that relates to financial services and that is provided by an institution or entity referred to in subparagraph (i); (a.1) enter into an arrangement with any person in respect of the carrying on of an activity referred to in subparagraph (a)(i) or the provision of a service referred to in subparagraph (a)(ii); and (b) refer any person to another person. Regulations (2) The Governor in Council may make regulations (a) respecting the circumstances in which a company may act as an agent, enter into an arrangement or refer a person under subsection (1); and (b) imposing terms and conditions in respect of the carrying on of activities under that subsection. Regulations 411.1 The Governor in Council may, for the purposes of section 409 and subsection 411(1), make regulations respecting what a company is prohibited from doing when acting as an agent or when making referrals.
Trust and Loan Companies Act — T-19.8 411
Networking 411 (1) Subject to section 416 and the regulations, a company may (a) act as agent for any person in respect of (i) the carrying on of any activity referred to in subsection 410(1) that is engaged in by a financial institution, by a permitted entity as defined in subsection 449(1), if that definition were read without reference to the requirements of subsections 453(4) to (6), or by a prescribed entity, and (ii) the provision of any service that relates to financial services and that is provided by an institution or entity referred to in subparagraph (i); (a.1) enter into an arrangement with any person in respect of the carrying on of an activity referred to in subparagraph (a)(i) or the provision of a service referred to in subparagraph (a)(ii); and (b) refer any person to another person. Regulations (2) The Governor in Council may make regulations (a) respecting the circumstances in which a company may act as an agent, enter into an arrangement or refer a person under subsection (1); and (b) imposing terms and conditions in respect of the carrying on of activities under that subsection.
Trust and Loan Companies Act — T-19.8 411.1
Regulations 411.1 The Governor in Council may, for the purposes of section 409 and subsection 411(1), make regulations respecting what a company is prohibited from doing when acting as an agent or when making referrals.
Trust and Loan Companies Act — T-19.8 312
312 (1) Section 453 of the Act is amended by adding the following after subsection (2): Permitted investments (2.1) Subject to subsections (3) to (6), Part XI and the regulations made under paragraphs (2.2)(b) and (c), a company may acquire control of, or acquire or increase a substantial investment in, an entity, other than an entity referred to in any of paragraphs (1)(a) to (j), if a majority, as defined in the regulations, of the entity’s business consists of financial service activities or any other activity that a company is permitted to engage in under paragraphs 409(2)(b) to (d). Regulations (2.2) The Governor in Council may make regulations (a) defining, for the purposes of subsection (2.1), the word “majority”; (b) imposing terms and conditions in respect of the acquisition of control of, or acquisition or increase of a substantial investment in, an entity that a company may acquire control of, or acquire or increase a substantial investment in, under subsection (2.1); and (c) respecting the circumstances in which a company may acquire control of, or acquire or increase a substantial investment in, an entity under subsection (2.1). (2) Subparagraph 453(3)(f)(ii) of the Act is replaced by the following: (ii) in the case of an entity that is not controlled by the company, the company itself would be permitted to acquire a substantial investment in the other entity under subsection (1), (2) or (2.1) or 451(2), paragraph 451(3)(b) or (c) or subsection 451(4); or (3) Subsection 453(5) of the Act is amended by adding “or” at the end of paragraph (c) and by repealing paragraphs (5)(d) and (d.1). (4) Paragraph 453(7)(a) of the Act is replaced by the following: (a) the company is acquiring control of an entity, other than a specialized financing entity, under subsection (2) or (2.1) and the only reason for which the company would, but for this subsection, require approval for the acquisition is that the entity carries on activities referred to in paragraph (2)(b);
Trust and Loan Companies Act — T-19.8 313
313 The Act is amended by adding the following after section 453: Regulations 453.1 The Governor in Council may make regulations (a) respecting the circumstances in which a company may acquire control of, or acquire or increase a substantial investment in, an entity that engages in activities that a company is permitted to engage in under paragraph 410(1)(b.1) or (c), including the circumstances in which a company is prohibited from doing so; and (b) imposing terms and conditions in respect of the acquisition of control of, or acquisition or increase of a substantial investment in, an entity referred to in paragraph (a).
Trust and Loan Companies Act — T-19.8 453.1
Regulations 453.1 The Governor in Council may make regulations (a) respecting the circumstances in which a company may acquire control of, or acquire or increase a substantial investment in, an entity that engages in activities that a company is permitted to engage in under paragraph 410(1)(b.1) or (c), including the circumstances in which a company is prohibited from doing so; and (b) imposing terms and conditions in respect of the acquisition of control of, or acquisition or increase of a substantial investment in, an entity referred to in paragraph (a).
Trust and Loan Companies Act — T-19.8 314
314 Paragraph 483(1)(c) of the Act is replaced by the following: (c) consists of a written contract with the related party for the purpose of having either one of them act as an agent or make referrals;
Trust and Loan Companies Act — T-19.8 315
315 Subsection 529.2(1) of the Act is replaced by the following: Application for certain approvals 529.2 (1) An application for the prior written approval of the Minister in respect of paragraph 453(5)(b.1) or (c) must be filed with the Superintendent and contain the information, material and evidence that the Superintendent may require.
Trust and Loan Companies Act — T-19.8 529.2
Application for certain approvals 529.2 (1) An application for the prior written approval of the Minister in respect of paragraph 453(5)(b.1) or (c) must be filed with the Superintendent and contain the information, material and evidence that the Superintendent may require.
Trust and Loan Companies Act — T-19.8 186
186 (1) Subsection 139(1) of the French version of the Trust and Loan Companies Act is replaced by the following: Lieu des assemblées 139 (1) Les assemblées des actionnaires se tiennent au Canada, au lieu que prévoient les règlements administratifs ou, à défaut, que choisissent les administrateurs. (2) Subsection 139(2) of the Act is replaced by the following: Participation by electronic means (2) Unless the by-laws provide otherwise and in accordance with any regulations, any person who is entitled to attend a meeting of shareholders may participate in the meeting by means of a telephonic, electronic or other communication facility that permits all participants to communicate adequately with each other during the meeting if the company makes one available. A person who is participating in a meeting by one of those means is deemed for the purposes of this Act to be present at the meeting. Meeting held by electronic means (2.1) If the directors or shareholders of a company call a meeting of shareholders under this Act, those directors or shareholders may determine that the meeting shall be held, in accordance with any regulations, entirely by means of a telephonic, electronic or other communication facility that permits all participants to communicate adequately with each other during the meeting, if the by-laws so provide.
Trust and Loan Companies Act — T-19.8 139
Lieu des assemblées 139 (1) Les assemblées des actionnaires se tiennent au Canada, au lieu que prévoient les règlements administratifs ou, à défaut, que choisissent les administrateurs.
Trust and Loan Companies Act — T-19.8 187
187 Subsection 154(4) of the Act is replaced by the following: Voting while participating electronically (4) Unless the by-laws provide otherwise and in accordance with any regulations, any person who is participating in a meeting of shareholders under subsection 139(2) or (2.1) and entitled to vote at that meeting may vote by means of the telephonic, electronic or other communication facility that the company has made available for that purpose.
Trust and Loan Companies Act — T-19.8 397
397 The Trust and Loan Companies Act is amended by adding the following after section 162: Disclosure Relating to Diversity Diversity 162.1 (1) The directors of a company of a prescribed class must make available, in accordance with regulations made under subsection (2), prescribed information respecting diversity among directors and members of senior management, as defined by regulation, at the same time that a notice of annual meeting is sent under subsection 141(1) to shareholders entitled to receive that notice and to the Superintendent. Regulations (2) For the purposes of subsection (1), the Governor in Council may make regulations respecting the disclosure of information related to diversity among the directors and members of senior management of a company of a prescribed class.
Trust and Loan Companies Act — T-19.8 162.1
Diversity 162.1 (1) The directors of a company of a prescribed class must make available, in accordance with regulations made under subsection (2), prescribed information respecting diversity among directors and members of senior management, as defined by regulation, at the same time that a notice of annual meeting is sent under subsection 141(1) to shareholders entitled to receive that notice and to the Superintendent. Regulations (2) For the purposes of subsection (1), the Governor in Council may make regulations respecting the disclosure of information related to diversity among the directors and members of senior management of a company of a prescribed class.
Trust and Loan Companies Act — T-19.8 252
252 The definition commercial loan in subsection 449(1) of the Trust and Loan Companies Act is repealed.
Trust and Loan Companies Act — T-19.8 253
253 The heading before section 460 and sections 460 to 466 of the Act are repealed.
Trust and Loan Companies Act — T-19.8 254
254 Section 467 of the Act is amended by adding “or” at the end of paragraph (a), by striking out “or” at the end of paragraph (b) and by repealing paragraph (c).
Trust and Loan Companies Act — T-19.8 255
255 Section 468 of the Act is amended by adding the following after subsection (1): Divestment order — portfolios of loans and interests (1.1) Subject to subsection (1.2), the Superintendent may, by order, direct a company to reduce, within any period that the Superintendent considers reasonable, the aggregate value of one or more of the following categories of loans or interests by way of a disposition of a portion of that value: (a) the commercial loans held by the company and its subsidiaries; (b) the interests of the company and its subsidiaries in real property; and (c) the following interests of the company and its subsidiaries: (i) the participating shares of a body corporate that are beneficially owned by the company and its subsidiaries, other than participating shares of a permitted entity in which the company has a substantial investment, and (ii) the ownership interests in an unincorporated entity that are beneficially owned by the company and its subsidiaries, other than ownership interests in a permitted entity in which the company has a substantial investment. Prudential considerations (1.2) The Superintendent may make an order under subsection (1.1) only on the basis of prudential considerations that the Superintendent considers relevant with respect to the aggregate value of the category or categories of loans or interests in question.
Trust and Loan Companies Act — T-19.8 256
256 Paragraph 470(2)(a) of the Act is replaced by the following: (a) assets that are debt obligations that are (i) guaranteed by any financial institution other than the company, (ii) fully secured by deposits with any financial institution, including the company, or (iii) fully secured by debt obligations that are guaranteed by any financial institution other than the company; (a.1) assets that are debt obligations issued (i) by, or by any agency of, (A) the Government of Canada, (B) the government of a province, (C) a municipality, or (D) the government of a foreign country or any political subdivision of a foreign country, or (ii) by a prescribed international agency; (a.2) assets that are debt obligations that are guaranteed by, or fully secured by securities issued by, a government, a municipality or an agency referred to in paragraph (a.1); (a.3) assets that are debt obligations that are widely distributed, as that expression is defined by the regulations; (a.4) assets that are debt obligations of an entity controlled by the company;
Tax Court of Canada Act — T-2 1
Short title 1 This Act may be cited as the Tax Court of Canada Act . 1980-81-82-83, c. 158, s. 1
Tax Court of Canada Act — T-2 2
Definitions 2 In this Act, Associate Chief Judge [Repealed, 2002, c. 8, s. 59] Associate Chief Justice means the Associate Chief Justice of the Court; ( juge en chef adjoint ) Chief Judge [Repealed, 2002, c. 8, s. 59] Chief Justice means the Chief Justice of the Court; ( juge en chef ) Court means the Tax Court of Canada; ( Cour ) judge means a judge of the Court and, unless the context otherwise requires, includes the Chief Justice and Associate Chief Justice; ( juge ) Registry means a registry established by the Chief Administrator of the Courts Administration Service pursuant to the Courts Administration Service Act for the purposes of this Act. ( greffe ) R.S., 1985, c. T-2, s. 2; 2002, c. 8, s. 59
Tax Court of Canada Act — T-2
Associate Chief Judge [Repealed, 2002, c. 8, s. 59]
Tax Court of Canada Act — T-2
Associate Chief Justice means the Associate Chief Justice of the Court; ( juge en chef adjoint )
Tax Court of Canada Act — T-2
Chief Judge [Repealed, 2002, c. 8, s. 59]
Tax Court of Canada Act — T-2
Chief Justice means the Chief Justice of the Court; ( juge en chef )
Tax Court of Canada Act — T-2
Court means the Tax Court of Canada; ( Cour )
Tax Court of Canada Act — T-2
judge means a judge of the Court and, unless the context otherwise requires, includes the Chief Justice and Associate Chief Justice; ( juge )
Tax Court of Canada Act — T-2
Registry means a registry established by the Chief Administrator of the Courts Administration Service pursuant to the Courts Administration Service Act for the purposes of this Act. ( greffe )
Tax Court of Canada Act — T-2 2.1
Interpretation 2.1 For the purposes of this Act, the aggregate of all amounts means the total of all amounts assessed or determined by the Minister of National Revenue under the Income Tax Act , but does not include any amount of interest or any amount of loss determined by that Minister. R.S., 1985, c. 51 (4th Supp.), s. 1
Tax Court of Canada Act — T-2 2.2
Idem 2.2 (1) For the purposes of this Act, the aggregate of supplies for the prior fiscal year of a person means the total value of all supplies, within the meaning of Part IX of the Excise Tax Act , made by the person in the last complete fiscal year, within the meaning of that Part, that ended at least six months before the day the notice of appeal for a particular appeal of that person was filed. Definition of amount in dispute (2) For the purposes of this Act, the amount in dispute in an appeal means (a ) in the case of an appeal under Part V.1 of the Customs Act , the total of all amounts assessed by the Minister of National Revenue under section 97.44 of that Act; (b) in the case of an appeal under the Excise Act, 2001 , (i) the amount of duty, refund or relief that is in issue in the appeal, (ii) any interest under that Act that is in issue in the appeal, and (iii) any amount of duty, refund or relief under that Act, that is likely to be affected by the appeal in any other appeal, assessment or proposed assessment of the person who has brought the appeal; and (c) in the case of an appeal under Part IX of the Excise Tax Act , (i) the amount of tax, net tax and rebate, within the meaning of that Part, that is in issue in the appeal, (ii) any penalty under that Part that is in issue in the appeal, and (iii) any amount of tax, net tax or rebate, within the meaning of that Part, that is likely to be affected by the appeal in any other appeal, assessment or proposed assessment of the person who has brought the appeal. 1990, c. 45, s. 55; 2001, c. 25, s. 100; 2002, c. 22, ss. 397, 408; 2013, c. 33, s. 22
Tax Court of Canada Act — T-2 3
Tax Court of Canada continued 3 The Tax Court of Canada is continued under the name of the Tax Court of Canada as a superior court of record. R.S., 1985, c. T-2, s. 3; 2002, c. 8, s. 60
Tax Court of Canada Act — T-2 4
Constitution of Court 4 (1) The Tax Court of Canada shall consist of the following judges: (a) a chief justice called the Chief Justice of the Tax Court of Canada; (b) an associate chief justice called the Associate Chief Justice of the Tax Court of Canada; and (c) not more than 23 other judges. Appointment of judges (2) The judges of the Court shall be appointed by the Governor in Council by commission under the Great Seal. Who may be appointed judge (3) Subject to subsection (4), any person may be appointed a judge of the Court who (a) is or has been a judge of a superior court in Canada; (b) is or has been a barrister or advocate of at least ten years standing at the bar of any province, or (c) has, for an aggregate of at least ten years, (i) been a barrister or advocate at the bar of any province, and (ii) after becoming a barrister or advocate at the bar of any province, exercised powers and performed duties and functions of a judicial nature on a full-time basis in respect of a position held pursuant to a law of Canada or a province. Chief Justice or Associate Chief Justice to be from Quebec (4) Either the Chief Justice or the Associate Chief Justice shall be a person who is or was a member of the bar of the Province of Quebec. R.S., 1985, c. T-2, s. 4; R.S., 1985, c. 51 (4th Supp.), s. 2; 1990, c. 45, s. 56; 1996, c. 22, s. 3; 2002, c. 8, s. 61 2021, c. 23, s. 259 2022, c. 10, s. 367