s. 1
— Definition
In this regulation, Act means the Financial Institutions Act.
s. 2
— Monetary penalties for prescribed provisions of the Act and regulations
s. 2(1)
The provisions of the Act and regulations in Column 2 of the schedule are prescribed for the purposes of section 253.1 (1) (a) and (b) of the Act, as applicable.
s. 2(2)
A person who contravenes a provision in Column 2 of the schedule is liable to an administrative penalty not exceeding the monetary penalty in Column 3 of the schedule for that contravention, as applicable.
Schedule
Schedule [am. B.C. Reg. 227/2020, App. 2.]