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Deposit-Type Instruments Regulations

Version of section 7 from 2024-10-25 to 2024-11-26:


Marginal note:Information — redemption before maturity

 An institution that redeems a deposit-type instrument before the end of the investment period must, before redeeming the instrument, disclose to the person to whom the instrument was issued the amount of the principal and accrued interest, any penalty or charge for the redemption and the net amount payable by the institution on redemption.

  • SOR/2024-212, s. 7(E)

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