Hyperlawhypertext legal database Security Certificate Transfer Fee (Banks, Bank Holding Companies, Insurance Companies and Insurance Holding Companies) Regulations current to 2019-06-21

SOR-2001-426 Security Certificate Transfer Fee (Banks, Bank Holding Companies, Insurance Companies and Insurance Holding Companies) Regulations

Current to 2019-06-21 · last amended 2006-03-22

Contents
Provision

Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to sections 978 a of the Bank Act b and 1021 c of the Insurance Companies Act d, hereby makes the annexed Security Certificate Transfer Fee (Banks, Bank Holding Companies, Insurance Companies and Insurance Holding Companies) Regulations. S.C. 2001, c. 9, s. 183 S.C. 1991, c. 46 S.C. 2001, c. 9, s. 465 S.C. 1991, c. 47

Maximum Fee

s. 1 — Maximum fee

For the purposes of subsections 85(2) of the Bank Act and 89(2) of the Insurance Companies Act, the maximum fee that may be charged for a security certificate issued in respect of a transfer is $5.

Repeals

s. 2 — Repeal

[Repeal]

s. 3 — Repeal

[Repeal]

Coming into Force

*4 — Coming into force

These Regulations come into force on the day on which section 724 of the Bank Act, as enacted by section 183 of the Financial Consumer Agency of Canada Act, chapter 9 of the Statutes of Canada, 2001, comes into force.[Note: Regulations in force October 24, 2001, see SI/2001-102.]