Marginal note:Schedule III authorized foreign banks
14.1 (1) There shall be set out in Schedule III
(a) the name of every authorized foreign bank and, where applicable, any other name under which it is permitted to carry on business in Canada;
(b) the place in Canada where the principal office of the authorized foreign bank is situated; and
(c) whether the authorized foreign bank is subject to the restrictions and requirements referred to in subsection 524(2).
Marginal note:Amending Schedule III
(2) Schedule III shall be amended accordingly where
(a) an order made under subsection 524(1) is revoked;
(b) any of the information referred to in paragraph (1)(a) or (b) changes; or
(c) the restrictions and requirements referred to in subsection 524(2) to which an authorized foreign bank is subject are added or removed.
Marginal note:Notice of amendments
(3) Where in any year Schedule III is amended, the Superintendent shall, within sixty days after the end of the year, cause a notice to be published in the Canada Gazette showing Schedule III in its complete amended form as at the end of the year.
- 1999, c. 28, s. 5.
- Date modified: