Versions of s. 749(2)

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

2007-04-20 to present available View Source

At least one half of the directors of a bank holding company that is a subsidiary of a foreign bank and ata ~~least two-thirds~~majority of the directors of any other bank holding company must be, at the time of each director’s election or appointment, resident Canadians.

Full text

At least one half of the directors of a bank holding company that is a subsidiary of a foreign bank and a majority of the directors of any other bank holding company must be, at the time of each director’s election or appointment, resident Canadians.
2003-01-01 to 2007-04-20 View Source

At least one half of the directors of a bank holding company that is a subsidiary of a foreign bank and at least two-thirds of the directors of any other bank holding company must be, at the time of each director’s election or appointment, resident Canadians.