Hyperlawhypertext legal database Bank Act

← Historical versions

Versions of s. 21(1)

B-1.01 — Bank Act · 9 versions · View current text

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

  1. 2026-03-26 to present available View Source
    Subject to subsections (2) and (4), banks shall not carry on business, and authorized foreign banks shall not carry on business in Canada, after June 30, 2026.2033.
    Full text

    Subject to subsections (2) and (4), banks shall not carry on business, and authorized foreign banks shall not carry on business in Canada, after June 30, 2033.

  2. 2024-06-20 to 2026-03-26 View Source
    Subject to subsections (2) and (4), banks shall not carry on business, and authorized foreign banks shall not carry on business in Canada, after June 30, 2025.2026.
    Full text

    Subject to subsections (2) and (4), banks shall not carry on business, and authorized foreign banks shall not carry on business in Canada, after June 30, 2026.

  3. 2021-06-29 to 2024-06-20 View Source
    Subject to subsections (2) and (4), banks shall not carry on business, and authorized foreign banks shall not carry on business in Canada, after theJune fifth30, anniversary of the day on which the Budget Implementation Act, 2018, No. 1 receives royal assent.2025.
    Full text

    Subject to subsections (2) and (4), banks shall not carry on business, and authorized foreign banks shall not carry on business in Canada, after June 30, 2025.

  4. 2018-06-21 to 2021-06-29 View Source
    Subject to subsections (2) and (4), banks shall not carry on business, and authorized foreign banks shall not carry on business in Canada, after Marchthe 29,fifth 2019.anniversary of the day on which the Budget Implementation Act, 2018, No. 1 receives royal assent.
    Full text

    Subject to subsections (2) and (4), banks shall not carry on business, and authorized foreign banks shall not carry on business in Canada, after the fifth anniversary of the day on which the Budget Implementation Act, 2018, No. 1 receives royal assent.

  5. 2016-06-22 to 2018-06-21 View Source
    Subject to subsections (2) and (4), banks shall not carry on business, and authorized foreign banks shall not carry on business in Canada, after theMarch day29, that is the fifth anniversary of the day on which this section comes into force.2019.
    Full text

    Subject to subsections (2) and (4), banks shall not carry on business, and authorized foreign banks shall not carry on business in Canada, after March 29, 2019.

  6. 2012-03-29 to 2016-06-22 View Source
    Subject to subsections (2) and (3),(4), banks shall not carry on business, and authorized foreign banks shall not carry on business in Canada, after the day that is the fifth anniversary of the day on which this section comes into force.
    Full text

    Subject to subsections (2) and (4), banks shall not carry on business, and authorized foreign banks shall not carry on business in Canada, after the day that is the fifth anniversary of the day on which this section comes into force.

  7. 2007-04-20 to 2012-03-29 View Source
    Subject to subsectionsubsections (2),(2) and (3), banks shall not carry on businessbusiness, and authorized foreign banks shall not carry on business in CanadaCanada, after April 24, 2007, except that if Parliament dissolves on that day or at any time within the three-month period before that day, banks may continue to carry on business, and authorized foreign banks may continue to carry on business in Canada, respectively, until the day that is one hundred and eighty days after the firstfifth dayanniversary of the firstday sessionon ofwhich thethis nextsection Parliament.comes into force.
    Full text

    Subject to subsections (2) and (3), banks shall not carry on business, and authorized foreign banks shall not carry on business in Canada, after the day that is the fifth anniversary of the day on which this section comes into force.

  8. 2006-06-22 to 2007-04-20 View Source
    Subject to subsection (2), banks shall not carry on business and authorized foreign banks shall not carry on business in Canada after theApril day24, that is five years after this section comes into force,2007, except that,that if Parliament dissolves on that day or at any time within the three-month period before that day, banks may continue to carry on business, and authorized foreign banks may continue to carry on business in Canada, respectively, until the day that is one hundred and eighty days after the first day of the first session of the next Parliament.
    Full text

    Subject to subsection (2), banks shall not carry on business and authorized foreign banks shall not carry on business in Canada after April 24, 2007, except that if Parliament dissolves on that day or at any time within the three-month period before that day, banks may continue to carry on business, and authorized foreign banks may continue to carry on business in Canada, respectively, until the day that is one hundred and eighty days after the first day of the first session of the next Parliament.

  9. 2003-01-01 to 2006-06-22 View Source

    Subject to subsection (2), banks shall not carry on business and authorized foreign banks shall not carry on business in Canada after the day that is five years after this section comes into force, except that, if Parliament dissolves on that day or at any time within the three-month period before that day, banks may continue to carry on business, and authorized foreign banks may continue to carry on business in Canada, respectively, until the day that is one hundred and eighty days after the first day of the first session of the next Parliament.