Specialized Financing (Retail Associations) Regulations

Marginal note:Maximum authorized investment

5 A retail association 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 book value of the shares and ownership interests that the retail association, any subsidiary of the retail association and any specialized financing entity of the retail association hold or would hold in the entity is more than $250 million.