Hyperlawhypertext legal database Bank Act

← Historical versions

Versions of s. 272(1)(b)

B-1.01 — Bank Act · 2 versions · View current text

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

  1. 2006-11-28 to present available View Source
    is accountable toif the bankplaintiff foris anya direct benefit or advantage received or receivable byseller, the insideraverage asmarket a resultprice of the transaction.security over the 20 trading days immediately following general disclosure of the information, less the price that they received for the security.
    Full text

    if the plaintiff is a seller, the average market price of the security over the 20 trading days immediately following general disclosure of the information, less the price that they received for the security.

  2. 2003-01-01 to 2006-11-28 View Source

    is accountable to the bank for any direct benefit or advantage received or receivable by the insider as a result of the transaction.