5. In subparagraphs 2(2)(a)(i) to (iii) and 3(2)(a)(i) to (iii), any reference to a substantial investment that an association has does not include a substantial investment
(a) acquired by the association under regulations made under paragraph 396(a) of the Act, other than these Regulations;
(b) acquired by the association in an entity referred to in paragraph 390(1)(a) of the Act if the association is a central cooperative credit society for which an order has been made under subsection 473(1) of the Act; and
(c) acquired by the association by way of an investment of a specialized financing entity controlled by the association.
COMING INTO FORCE
Marginal note:Coming into force
6. These Regulations come into force on the day on which they are registered.
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