Bank Act

Marginal note:Application of sections 244 to 247

598 Section 244, subsections 245(1), (2) and (4) to (7) and sections 246 and 247 apply, with any modifications that the circumstances require, to an authorized foreign bank as if

• (a) the reference in subsection 245(1) to “records referred to in section 238” were a reference to “records referred to in section 597”; and

• (b) the reference in subsection 246(1) to “records of the bank referred to in subsection 238(1)” were a reference to “records of the authorized foreign bank referred to in subsection 597(1)”.