Hyperlawhypertext legal database Bank Act

← Historical versions

Versions of s. 482(4)(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. 2007-04-20 to present available View Source
    in the case of assets that are transferred, the book value of the assets as statedreported in the last annual statement of the bank prepared before the transfer or, if the assetsvalue are shares of, or ownership interests in, an entityof the assets ofis whichnot were includedreported in the lastthat annual statement of the bank before the transfer,statement, the value of the assets as statedit would be reported in the annual statement.statement of the bank if the annual statement had been prepared, in accordance with the accounting principles referred to in subsection 308(4), immediately before the transfer.
    Full text

    in the case of assets that are transferred, the value of the assets as reported in the last annual statement of the bank prepared before the transfer or, if the value of the assets is not reported in that annual statement, the value of the assets as it would be reported in the annual statement of the bank if the annual statement had been prepared, in accordance with the accounting principles referred to in subsection 308(4), immediately before the transfer.

  2. 2003-01-01 to 2007-04-20 View Source

    in the case of assets that are transferred, the book value of the assets as stated in the last annual statement of the bank prepared before the transfer or, if the assets are shares of, or ownership interests in, an entity the assets of which were included in the last annual statement of the bank before the transfer, the value of the assets as stated in the annual statement.