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Specialized Financing (Banks) Regulations

Version of section 5 from 2008-05-15 to 2024-06-19:

Marginal note:Maximum authorized investment

 A bank shall not, by way of specialized financing activities, acquire control of, or hold, acquire or increase a substantial investment in, an entity if the aggregate balance sheet value of the shares and ownership interests that the bank, any subsidiary of the bank and any specialized financing entity of the bank hold or would hold in the entity is more than $250 million.

  • SOR/2008-168, s. 2

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