262 (1) The Authority may, in furtherance of its objects in respect of credit unions, as set out in section 3 of the Financial Services Regulatory Authority of Ontario Act, 2016, (a) provide, in its discretion, financial assistance for the purpose of, (i) assisting a credit union under administration in its continued operation, or (ii) assisting in the orderly winding up of the operations of a credit union; (b) make an advance or grant for the purpose of paying lawful claims against a credit union in respect of any claims of its members for withdrawal of deposits; (c) acquire assets or assume the liabilities of credit unions; (d) with the approval of the Minister, require the payment of special levies by credit unions; (e) accept powers conferred on it under the Canada Deposit Insurance Corporation Act; (f)  Repealed: 2018, c. 17, Sched. 11, s. 4 (2). (g) acquire, hold, improve and alienate real and personal property; (h) declare and pay premium rebates to credit unions; (i) act as the supervisor, administrator or liquidator of a credit union; (j) appoint an agent; (k) insure any liability of the Authority with one or more insurers; (l)  Repealed: 2018, c. 17, Sched. 11, s. 4 (2). (m) collect or disclose information concerning a credit union; and (n) do all such other things, not contrary to this Act, as may be necessary for the exercising of any of the powers of the Authority.  2007, c. 7, Sched. 7, s. 137; 2018, c. 17, Sched. 11, s. 4 (1, 2); 2019, c. 7, Sched. 16, s. 49. Same (2) The Authority may attach conditions to financial assistance provided under clause (1) (a) and, without limiting the form in which such financial assistance may be provided, the Authority may provide such financial assistance by, (a) purchasing securities of a credit union; (b) making or guaranteeing loans, with or without security, or advances to or deposits with a credit union; (c) taking security for loans or advances to a credit union; or (d) guaranteeing the payment of the fees of, and the costs incurred by, a liquidator of a credit union.  2007, c. 7, Sched. 7, s. 137; 2019, c. 7, Sched. 16, s. 49. Subrogation (3) If the Authority makes an advance under clause (1) (b), it is subrogated as an unsecured creditor for the amount of the advance.  2007, c. 7, Sched. 7, s. 137; 2019, c. 7, Sched. 16, s. 49. Membership (4) If the Authority holds membership shares of a credit union, the Authority is a member of the credit union and has the rights and benefits of a member.  2007, c. 7, Sched. 7, s. 137; 2019, c. 7, Sched. 16, s. 49. (5), (6) Repealed: 2018, c. 17, Sched. 11, s. 4 (3). Section Amendments with date in force (d/m/y) 1997, c. 28, s. 53 - 01/07/1998 2007, c. 7, Sched. 7, s. 137 - 01/10/2009 2018, c. 8, Sched. 7, s. 5 - 08/06/2019; 2018, c. 17, Sched. 11, s. 4 (1-3) - 08/06/2019; 2018, c. 17, Sched. 11, s. 15 - no effect - see 2019, c. 7, Sched. 16, s. 54 - 29/05/2019 2019, c. 7, Sched. 16, s. 49 - 08/06/2019 263 Repealed: 2018, c. 17, Sched. 11, s. 5. Section Amendments with date in force (d/m/y) 2018, c. 17, Sched. 11, s. 5 - 08/06/2019 264 Repealed: 2019, c. 7, Sched. 16, s. 27. Section Amendments with date in force (d/m/y) 2007, c. 7, Sched. 7, s. 138 (1-4) - 01/10/2009 2016, c. 37, Sched. 5, s. 4 - 01/01/2018 2018, c. 17, Sched. 11, s. 7, 15 - no effect - see 2019, c. 7, Sched. 16, s. 54 - 29/05/2019 2019, c. 7, Sched. 16, s. 27 - 08/06/2019 265 Repealed:  2007, c. 7, Sched. 7, s. 139. Section Amendments with date in force (d/m/y) 2007, c. 7, Sched. 7, s. 139 - 01/10/2009 266 Repealed:  2007, c. 7, Sched. 7, s. 139. Section Amendments with date in force (d/m/y) 2007, c. 7, Sched. 7, s. 139 - 01/10/2009 267 Repealed:  2007, c. 7, Sched. 7, s. 139. Section Amendments with date in force (d/m/y) 2007, c. 7, Sched. 7, s. 139 - 01/10/2009 268, 269 Repealed: 2018, c. 17, Sched. 11, s. 8. Section Amendments with date in force (d/m/y) 2018, c. 17, Sched. 11, s. 8 - 08/06/2019 Deposit Insurance