In this regulation:
Act means the Financial Institutions Act;
comparable legislation means the legislation of another province or of Canada under which as the case may be.
an extraprovincial insurance corporation is licensed, registered or in any way authorized to carry on activities that are substantially the same as insurance business, or
an extraprovincial trust corporation is licensed, registered or in any way authorized to carry on activities that are substantially the same as trust business or deposit business or both,
It is a condition of every business authorization issued to an extraprovincial corporation that the extraprovincial corporation permit persons charged with the administration and enforcement of the Act, or the administration and enforcement of comparable legislation
to provide the superintendent, or any person acting under the direction of the superintendent, with information and records relating to the extraprovincial corporation, and
to discuss with the superintendent any particulars of the extraprovincial corporation.