Versions of s. 386(1)

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

2003-01-01 to present available View Source

Unless an exemption order with respect to the bank is granted under section 388, if a bank fails to comply with section 385 in any month, the Minister may, by order, require the bank not to have, until it complies with that section, average total assets in any three month period ending on the last day of a subsequent month exceeding the bank’s average total assets in the three month period ending on the last day of the month immediately before the month specified in the order.