Equity of a Cooperative Credit Association Regulations (SOR/2001-378)
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Regulations are current to 2024-11-26
Equity of a Cooperative Credit Association Regulations
SOR/2001-378
COOPERATIVE CREDIT ASSOCIATIONS ACT
Registration 2001-10-04
Equity of a Cooperative Credit Association Regulations
P.C. 2001-1749 2001-10-04
Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to section 463Footnote a of the Cooperative Credit Associations ActFootnote b, hereby makes the annexed Equity of a Cooperative Credit Association Regulations.
Return to footnote aS.C. 2001, c. 9, s. 339
Return to footnote bS.C. 1991, c. 48
Equity of an Association
Marginal note:Equity
1 For the purposes of the Cooperative Credit Associations Act, the equity of an association is the sum of the aggregate book value of the shares of the association and the aggregate book value of the membership shares of the association, as they appear in the consolidated financial statements of the association.
Coming into Force
Marginal note:Coming into force
Footnote *2 These Regulations come into force on the day on which paragraph 463(i.1) of the Cooperative Credit Associations Act, as enacted by section 339 of the Financial Consumer Agency of Canada Act, chapter 9 of the Statutes of Canada, 2001, comes into force.
Return to footnote *[Note: Regulations in force October 24, 2001, see SI/2001-102.]
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