Cooperative Credit Associations Act

Marginal note:Terms and conditions

• 476 (1) The Superintendent may impose such terms and conditions in respect of the making of an order under subsection 473(1) as the Superintendent deems necessary.

• Marginal note:Variations

  (2) In respect of an order under subsection 473(1), the Superintendent may at any time, by further order,

  • (a) make the order subject to such conditions or limitations that are consistent with this Act and that relate to the business of the central as the Superintendent deems expedient and necessary, or

  • (b) amend or revoke any condition or limitation to which the order is subject,

  but before making any such further order the Superintendent shall provide the central with an opportunity to make representations regarding that further order.