Cooperative Credit Associations Act
Marginal note:Exemption by Superintendent
264. (1) On an application by or on behalf of an insider, the Superintendent may, in writing, on such terms as the Superintendent thinks fit, exempt the insider from any of the requirements of sections 261 to 263, and the exemption may be given retroactive effect.
(2) The Superintendent shall summarize or cause to be summarized in a periodical available to the public the information contained in insider reports sent to the Superintendent under sections 261 to 263 and the particulars of exemptions granted under subsection (1) together with the reasons therefor.
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