Minority Investment (Banks) Regulations

Calculation of total value in section 3 or 4

6 For the purpose of calculating the total value referred to in section 3 or 4, no amount may be included in respect of shares, membership shares or ownership interests acquired under sections 471 to 473 of the Act or subsection 193(12) or (13) of the Bank Act, chapter B-1 of the Revised Statutes of Canada, 1985.