GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
Protection of Assets (Trust and Loan Companies) Regulations — 8
8 A company shall, on a daily basis, deposit any net amount received by the company as a result of any security transaction in an account kept by the company (a) in the company; (b) with a financial institution that is authorized to accept deposits by a law of the jurisdiction where the financial institution is carrying on business; (c) with a trust company that is authorized to hold money in trust by a law of the jurisdiction where the trust company carries on business; (d) with the government of the jurisdiction in which the company is carrying on business, or with an agency thereof that is authorized to act as a custodian of securities; or (e) with CDS Clearing and Depository Services Inc. SOR/94-80, s. 1; SOR/2010-285, s. 5
Protection of Assets (Trust and Loan Companies) Regulations — 9
9 (1) Subject to subsections (2) and (3), a company shall ensure that every security is registered in the company’s name in the register of the entity that issued the security. (2) Subsection (1) does not apply in respect of a security that (a) cannot be registered in the company’s name for any reason that is beyond the control of that company; (b) is under the control of the government of a jurisdiction in which the company is carrying on business; (c) is held by the company as collateral or for safekeeping; (d) is registered in the name of a nominee of the company or of an entity referred to in paragraph 6(1)(b); (e) is held under a book entry certificateless or immobilization system; or (f) is held temporarily by an agent of the company, a liquidator, a trustee or the issuer of the security for purposes of reorganization, amalgamation, liquidation or voting. (3) Where a security is otherwise protected against loss, fraud, theft and destruction, the company may hold the security (a) in bearer form; or (b) in registered form in a name other than the company’s name.
Protection of Assets (Trust and Loan Companies) Regulations — 10
10 (1) A company shall acquire and at all times maintain one or more bonds issued by an entity authorized to insure risks under the laws of the jurisdiction in which the entity carries on business to indemnify the company for any loss in respect of assets owned or held by that company arising out of a dishonest or criminal act of an officer or employee of that company. (2) A company shall, in respect of assets owned or held by the company, acquire and at all times maintain one or more insurance policies to indemnify that company for loss arising out of damage to, or the destruction or mysterious disappearance of, those assets or out of any other usual contingency.
Protection of Assets (Trust and Loan Companies) Regulations — 11
11 A bond or an insurance policy acquired and maintained in accordance with section 10 shall provide that the bond or insurance policy shall not be cancelled or terminated by the insurer or the insured until at least 30 days after the receipt by the Superintendent of a written notice from the insurer or the insured, as the case may be, of its intention to cancel or terminate the bond or insurance policy.
Protection of Assets (Trust and Loan Companies) Regulations — 12
12 A bond or an insurance policy acquired and maintained in accordance with section 10 shall be in an amount that is established by the directors of the company, having regard to (a) the nature and value of the assets owned or held by the company; (b) the arrangements and procedures applicable to the handling and safeguarding of the assets owned or held by the company; and (c) any other factors that might affect the extent of any loss that the company might sustain.
Protection of Assets (Banks) Regulations — *
His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to paragraph 559(g) of the Bank Act * , is pleased hereby to make the annexed Regulations respecting the protection and maintenance of assets of banks . * S.C. 1991, c. 46
Protection of Assets (Banks) Regulations — 1
1 These Regulations may be cited as the Protection of Assets (Banks) Regulations .
Protection of Assets (Banks) Regulations — 2
2 In these Regulations, bond means a contract of insurance by which one party agrees to indemnify another party for loss arising out of the act of a third party; ( caution ) security , in respect of a bank, means a negotiable security owned or held by the bank or held by the bank in trust, but does not include a security issued by the bank; ( titre ) security transaction means a purchase, sale, redemption, exchange, transfer or assignment of, or other transaction in respect of, a security. ( opération sur titres ) SOR/92-526, s. 1(F)
Protection of Assets (Banks) Regulations — Protection of Assets (Banks) Regulations
bond means a contract of insurance by which one party agrees to indemnify another party for loss arising out of the act of a third party; ( caution )
Protection of Assets (Banks) Regulations — Protection of Assets (Banks) Regulations
security , in respect of a bank, means a negotiable security owned or held by the bank or held by the bank in trust, but does not include a security issued by the bank; ( titre )
Protection of Assets (Banks) Regulations — Protection of Assets (Banks) Regulations
security transaction means a purchase, sale, redemption, exchange, transfer or assignment of, or other transaction in respect of, a security. ( opération sur titres )
Protection of Assets (Banks) Regulations — 3
3 These Regulations do not apply to a bank (a) that is carrying on business in a jurisdiction in compliance with a law of that jurisdiction, to the extent that that law is inconsistent with these Regulations; or (b) to the extent that they are inconsistent with (i) a power conferred or a duty imposed on the bank in respect of the administration of an estate or trust, or (ii) the discharge of the bank’s responsibilities in acting as an agent.
Protection of Assets (Banks) Regulations — 4
4 A bank shall (a) maintain a record in writing of procedures to be followed in the handling and safeguarding of assets owned or held by the bank; and (b) inform every director, officer, employee and agent of the bank who has access to, or is involved in the handling and safeguarding of, assets owned or held by the bank of those procedures.
Protection of Assets (Banks) Regulations — 5
5 A bank shall maintain an up-to-date record that identifies every security.
Protection of Assets (Banks) Regulations — 6
6 (1) Subject to subsection (2) and section 7, a bank shall ensure that every security is kept securely, in a manner that prevents unauthorized access to the security, in the custody of (a) the bank; or (b) an entity that is authorized to act as a custodian of securities or as a depository or clearing agency for securities by a law of the jurisdiction in which the entity is carrying on business. (2) Subsection (1) does not apply in respect of a security that is (a) under the control of the government of a jurisdiction in which the bank is carrying on business; (b) pledged as collateral for the indebtedness or potential indebtedness of the bank; (c) loaned to a person pursuant to a written agreement; or (d) in transit.
Protection of Assets (Banks) Regulations — 7
7 A bank shall not place a security in the custody of an entity referred to in paragraph 6(1)(b) unless the bank has entered into a written custodial agreement with that entity.
Protection of Assets (Banks) Regulations — 8
8 A bank shall, on a daily basis, deposit any net amount received by the bank as a result of any security transaction in an account kept by the bank (a) in the bank; (b) with a financial institution that is authorized to accept deposits by a law of the jurisdiction where the financial institution is carrying on business; (c) with a trust company that is authorized to hold money in trust by a law of the jurisdiction where the trust company carries on business; (d) with the government of the jurisdiction in which the bank is carrying on business, or with an agency thereof that is authorized to act as a custodian of securities; or (e) with CDS Clearing and Depository Services Inc. SOR/94-77, s. 1; SOR/2010-285, s. 1
Protection of Assets (Banks) Regulations — 9
9 (1) Subject to subsections (2) and (3), a bank shall ensure that every security is registered in the bank’s name in the register of the entity that issued the security. (2) Subsection (1) does not apply in respect of a security that (a) cannot be registered in the bank’s name for any reason that is beyond the control of that bank; (b) is under the control of the government of a jurisdiction in which the bank is carrying on business; (c) is held by the bank as collateral or for safekeeping; (d) is registered in the name of a nominee of the bank or of an entity referred to in paragraph 6(1)(b); (e) is held under a book entry certificateless or immobilization system; or (f) is held temporarily by an agent of the bank, a liquidator, a trustee or the issuer of the security for purposes of reorganization, amalgamation, liquidation or voting. (3) Where a security is otherwise protected against loss, fraud, theft and destruction, the bank may hold the security (a) in bearer form; or (b) in registered form in a name other than the bank’s name.
Protection of Assets (Banks) Regulations — 10
10 (1) A bank shall acquire and at all times maintain one or more bonds issued by an entity authorized to insure risks under the laws of the jurisdiction in which the entity carries on business to indemnify the bank for any loss in respect of assets owned or held by that bank arising out of a dishonest or criminal act of an officer or employee of that bank. (2) A bank shall, in respect of assets owned or held by the bank, acquire and at all times maintain one or more insurance policies to indemnify that bank for loss arising out of damage to, or the destruction or mysterious disappearance of, those assets or out of any other usual contingency.
Protection of Assets (Banks) Regulations — 11
11 A bond or an insurance policy acquired and maintained in accordance with section 10 shall provide that the bond or insurance policy shall not be cancelled or terminated by the insurer or the insured until at least 30 days after the receipt by the Superintendent of a written notice from the insurer or the insured, as the case may be, of its intention to cancel or terminate the bond or insurance policy.
Protection of Assets (Banks) Regulations — 12
12 A bond or an insurance policy acquired and maintained in accordance with section 10 shall be in an amount that is established by the directors of the bank, having regard to (a) the nature and value of the assets owned or held by the bank; (b) the arrangements and procedures applicable to the handling and safeguarding of the assets owned or held by the bank; and (c) any other factors that might affect the extent of any loss that the bank might sustain.
Protection of Assets (Insurance Companies) Regulations — *
His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to paragraph 703(g) of the Insurance Companies Act * , is pleased hereby to revoke the Protection of Securities (Insurance Companies) Regulations , C.R.C., c. 980, and to make the annexed Regulations respecting the protection and maintenance of assets of companies in substitution therefor. * S.C. 1991, c. 47
Protection of Assets (Insurance Companies) Regulations — 1
1 These Regulations may be cited as the Protection of Assets (Insurance Companies) Regulations .
Protection of Assets (Insurance Companies) Regulations — 2
2 In these Regulations, bond means a contract of insurance by which one party agrees to indemnify another party for loss arising out of the act of a third party; ( caution ) security , in respect of a company, means a negotiable security owned or held by the company or held by the company in trust, but does not include a security issued by the company; ( titre ) security transaction means a purchase, sale, redemption, exchange, transfer or assignment of, or other transaction in respect of, a security. ( opération sur titres )
Protection of Assets (Insurance Companies) Regulations — Protection of Assets (Insurance Companies) Regulations
bond means a contract of insurance by which one party agrees to indemnify another party for loss arising out of the act of a third party; ( caution )
Protection of Assets (Insurance Companies) Regulations — Protection of Assets (Insurance Companies) Regulations
security , in respect of a company, means a negotiable security owned or held by the company or held by the company in trust, but does not include a security issued by the company; ( titre )
Protection of Assets (Insurance Companies) Regulations — Protection of Assets (Insurance Companies) Regulations
security transaction means a purchase, sale, redemption, exchange, transfer or assignment of, or other transaction in respect of, a security. ( opération sur titres )
Protection of Assets (Insurance Companies) Regulations — 3
3 These Regulations do not apply to a company (a) that is carrying on business in a jurisdiction in compliance with a law of that jurisdiction, to the extent that that law is inconsistent with these Regulations; or (b) to the extent that they are inconsistent with (i) a power conferred or a duty imposed on the company in respect of the administration of an estate or trust, or (ii) the discharge of the company’s responsibilities in acting as an agent.
Protection of Assets (Insurance Companies) Regulations — 4
4 A company shall (a) maintain a record in writing of procedures to be followed in the handling and safeguarding of assets owned or held by the company; and (b) inform every director, officer, employee and agent of the company who has access to, or is involved in the handling and safeguarding of, assets owned or held by the company of those procedures.
Protection of Assets (Insurance Companies) Regulations — 5
5 A company shall maintain an up-to-date record that identifies every security.
Protection of Assets (Insurance Companies) Regulations — 6
6 (1) Subject to subsection (2) and section 7, a company shall ensure that every security is kept securely, in a manner that prevents unauthorized access to the security, in the custody of (a) the company; or (b) an entity that is authorized to act as a custodian of securities or as a depository or clearing agency for securities by a law of the jurisdiction in which the entity is carrying on business. (2) Subsection (1) does not apply in respect of a security that is (a) under the control of the government of a jurisdiction in which the company is carrying on business; (b) pledged as collateral for the indebtedness or potential indebtedness of the company; (c) loaned to a person pursuant to a written agreement; or (d) in transit.
Protection of Assets (Insurance Companies) Regulations — 7
7 A company shall not place a security in the custody of an entity referred to in paragraph 6(1)(b) unless the company has entered into a written custodial agreement with that entity.
Protection of Assets (Insurance Companies) Regulations — 8
8 A company shall, on a daily basis, deposit any net amount received by the company as a result of any security transaction in an account kept by the company (a) in the company; (b) with a financial institution that is authorized to accept deposits by a law of the jurisdiction where the financial institution is carrying on business; (c) with a trust company that is authorized to hold money in trust by a law of the jurisdiction where the trust company carries on business; (d) with the government of the jurisdiction in which the company is carrying on business, or with an agency thereof that is authorized to act as a custodian of securities; or (e) with CDS Clearing and Depository Services Inc. SOR/94-79, s. 1; SOR/2010-285, s. 3
Protection of Assets (Insurance Companies) Regulations — 9
9 (1) Subject to subsections (2) and (3), a company shall ensure that every security is registered in the company’s name in the register of the entity that issued the security. (2) Subsection (1) does not apply in respect of a security that (a) cannot be registered in the company’s name for any reason that is beyond the control of that company; (b) is under the control of the government of a jurisdiction in which the company is carrying on business; (c) is held by the company as collateral or for safekeeping; (d) is registered in the name of a nominee of the company or of an entity referred to in paragraph 6(1)(b); (e) is held under a book entry certificateless or immobilization system; or (f) is held temporarily by an agent of the company, a liquidator, a trustee or the issuer of the security for purposes of reorganization, amalgamation, liquidation or voting. (3) Where a security is otherwise protected against loss, fraud, theft and destruction, the company may hold the security (a) in bearer form; or (b) in registered form in a name other than the company’s name.
Protection of Assets (Insurance Companies) Regulations — 10
10 (1) A company shall acquire and at all times maintain one or more bonds issued by an entity authorized to insure risks under the laws of the jurisdiction in which the entity carries on business to indemnify the company for any loss in respect of assets owned or held by that company arising out of a dishonest or criminal act of an officer or employee of that company. (2) A company shall, in respect of assets owned or held by the company, acquire and at all times maintain one or more insurance policies to indemnify that company for loss arising out of damage to, or the destruction or mysterious disappearance of, those assets or out of any other usual contingency.
Protection of Assets (Insurance Companies) Regulations — 11
11 A bond or an insurance policy acquired and maintained in accordance with section 10 shall provide that the bond or insurance policy shall not be cancelled or terminated by the insurer or the insured until at least 30 days after the receipt by the Superintendent of a written notice from the insurer or the insured, as the case may be, of its intention to cancel or terminate the bond or insurance policy.
Protection of Assets (Insurance Companies) Regulations — 12
12 A bond or an insurance policy acquired and maintained in accordance with section 10 shall be in an amount that is established by the directors of the company, having regard to (a) the nature and value of the assets owned or held by the company; (b) the arrangements and procedures applicable to the handling and safeguarding of the assets owned or held by the company; and (c) any other factors that might affect the extent of any loss that the company might sustain.
Protection of Assets (Cooperative Credit Associations) Regulations — *
His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to paragraph 463(g) of the Cooperative Credit Associations Act * , is pleased hereby to revoke the Protection of Securities (Cooperative Credit Associations) Regulations , C.R.C., c. 420, and to make the annexed Regulations respecting the protection and maintenance of assets of associations in substitution therefor. * S.C. 1991, c. 48
Protection of Assets (Cooperative Credit Associations) Regulations — 1
1 These Regulations may be cited as the Protection of Assets (Cooperative Credit Associations) Regulations .
Protection of Assets (Cooperative Credit Associations) Regulations — 2
2 In these Regulations, bond means a contract of insurance by which one party agrees to indemnify another party for loss arising out of the act of a third party; ( caution ) security , in respect of an association, means a negotiable security owned or held by the association or held by the association in trust, but does not include a security issued by the association; ( titre ) security transaction means a purchase, sale, redemption, exchange, transfer or assignment of, or other transaction in respect of, a security. ( opération sur titres ) SOR/92-527, s. 1(F)
Protection of Assets (Cooperative Credit Associations) Regulations — Protection of Assets (Cooperative Credit Associations) Regulations
bond means a contract of insurance by which one party agrees to indemnify another party for loss arising out of the act of a third party; ( caution )
Protection of Assets (Cooperative Credit Associations) Regulations — Protection of Assets (Cooperative Credit Associations) Regulations
security , in respect of an association, means a negotiable security owned or held by the association or held by the association in trust, but does not include a security issued by the association; ( titre )
Protection of Assets (Cooperative Credit Associations) Regulations — Protection of Assets (Cooperative Credit Associations) Regulations
security transaction means a purchase, sale, redemption, exchange, transfer or assignment of, or other transaction in respect of, a security. ( opération sur titres )
Protection of Assets (Cooperative Credit Associations) Regulations — 3
3 These Regulations do not apply to an association (a) that is carrying on business in a jurisdiction in compliance with a law of that jurisdiction, to the extent that that law is inconsistent with these Regulations; or (b) to the extent that they are inconsistent with (i) a power conferred or a duty imposed on the association in respect of the administration of an estate or trust, or (ii) the discharge of the association’s responsibilities in acting as an agent.
Protection of Assets (Cooperative Credit Associations) Regulations — 4
4 An association shall (a) maintain a record in writing of procedures to be followed in the handling and safeguarding of assets owned or held by the association; and (b) inform every director, officer, employee and agent of the association who has access to, or is involved in the handling and safeguarding of, assets owned or held by the association of those procedures.
Protection of Assets (Cooperative Credit Associations) Regulations — 5
5 An association shall maintain an up-to-date record that identifies every security.
Protection of Assets (Cooperative Credit Associations) Regulations — 6
6 (1) Subject to subsection (2) and section 7, an association shall ensure that every security is kept securely, in a manner that prevents unauthorized access to the security, in the custody of (a) the association; or (b) an entity that is authorized to act as a custodian of securities or as a depository or clearing agency for securities by a law of the jurisdiction in which the entity is carrying on business. (2) Subsection (1) does not apply in respect of a security that is (a) under the control of the government of a jurisdiction in which the association is carrying on business; (b) pledged as collateral for the indebtedness or potential indebtedness of the association; (c) loaned to a person pursuant to a written agreement; or (d) in transit.
Protection of Assets (Cooperative Credit Associations) Regulations — 7
7 An association shall not place a security in the custody of an entity referred to in paragraph 6(1)(b) unless the association has entered into a written custodial agreement with that entity.
Protection of Assets (Cooperative Credit Associations) Regulations — 8
8 An association shall, on a daily basis, deposit any net amount received by the association as a result of any security transaction in an account kept by the association (a) in the association; (b) with a financial institution that is authorized to accept deposits by a law of the jurisdiction where the financial institution is carrying on business; (c) with a trust company that is authorized to hold money in trust by a law of the jurisdiction where the trust company carries on business; (d) with the government of the jurisdiction in which the association is carrying on business, or with an agency thereof that is authorized to act as a custodian of securities; or (e) with CDS Clearing and Depository Services Inc. SOR/94-78, s. 1; SOR/2010-285, s. 2