Financial Consumer Agency of Canada Act (S.C. 2001, c. 9)

Assented to 2001-06-14

CONSEQUENTIAL AMENDMENTS

R.S., c. A-1Access to Information Act

 Schedule I to the Access to Information Act is amended by adding the following in alphabetical order under the heading “Other Government Institutions”:

  • Financial Consumer Agency of Canada

    Agence de la consommation en matière financière du Canada

Marginal note:

 Schedule II to the Act is amended by replacing the reference to “subsections 29(1) and 29.1(5)” opposite the reference to the Competition Act with a reference to “subsections 29(1), 29.1(5) and 29.2(5)”.

R.S., c. B-4Bills of Exchange Act

 Section 164 of the Bills of Exchange Act is replaced by the following:

Definition of “bank”

164. In this Part, “bank” includes every member of the Canadian Payments Association established under the Canadian Payments Act and every local cooperative credit society, as defined in that Act, that is a member of a central, as defined in that Act, that is a member of the Canadian Payments Association.

1998, c. 36Canada Small Business Financing Act

 Paragraphs (a) and (b) of the definition “lender” in section 2 of the Canada Small Business Financing Act are replaced by the following:

  • (a) a member of the Canadian Payments Association, established by subsection 3(1) of the Canadian Payments Act,

    • (i) referred to in paragraph 4(1)(b) or (c) or any of paragraphs 4(2)(a) to (c) of that Act, or

    • (ii) referred to in any of paragraphs 4(2)(d) to (h) of that Act if the member meets the prescribed conditions;

  • (b) a local cooperative credit society, within the meaning of subsection 2(1) of the Canadian Payments Act, that is a member of a central cooperative credit society, within the meaning of that subsection, if that central cooperative credit society is a member of the Canadian Payments Association; or

R.S., c. F-11Financial Administration Act

 Schedule I.1 to the Financial Administration Act is amended by adding the following in alphabetical order in column I:

  • Financial Consumer Agency of Canada

    Agence de la consommation en matière financière du Canada

and a corresponding reference in column II to the “Minister of Finance”.