← Historical versions

Versions of s. 73(1)

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. 2012-12-19 to present available View Source
    Subject to subsection (2), whereif a bank purchases shares of the bank or fractions thereofof shares, or membership shares of the bank, or redeems or otherwise acquires shares or membership shares of the bank, the bank shallmust cancel those shares or membership shares.
    Full text

    Subject to subsection (2), if a bank purchases shares of the bank or fractions of shares, or membership shares of the bank, or redeems or otherwise acquires shares or membership shares of the bank, the bank must cancel those shares or membership shares.

  2. 2003-01-01 to 2012-12-19 View Source

    Subject to subsection (2), where a bank purchases shares of the bank or fractions thereof or redeems or otherwise acquires shares of the bank, the bank shall cancel those shares.