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Canada Deposit Insurance Corporation Act

Version of section 39.3723 from 2009-07-01 to 2012-05-23:


Marginal note:Regulation to exempt or adapt

  •  (1) The Governor in Council may, by regulation,

    • (a) exempt federal member institutions in respect of which an order directing the incorporation of a bridge institution is made, bridge institutions or subsidiaries of any of those institutions, or any class of those institutions or class of their subsidiaries, from the application of any provision of this Act or the regulations or of the following Acts or regulations made under them:

    • (b) provide that any provision of this Act or the regulations or of the Acts referred to in paragraph (a) or regulations made under them applies to federal member institutions in respect of which an order directing the incorporation of a bridge institution is made, bridge institutions or subsidiaries of any of those institutions, or any class of those institutions or class of their subsidiaries, only in the manner and to the extent provided for in the regulation and adapt that provision for the purpose of that application.

  • Marginal note:Scope or conditions

    (2) The exemption may be limited in scope or duration or subject to conditions.

  • 2009, c. 2, s. 251

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