Office of the Superintendent of Financial Institutions Act (R.S.C., 1985, c. 18 (3rd Supp.))

Act current to 2013-04-29 and last amended on 2013-01-01. Previous Versions

NO LIABILITY

Marginal note:No liability

39. No action lies against Her Majesty, the Minister, the Superintendent, any Deputy Superintendent, any officer or employee of the Office or any person acting under the direction of the Superintendent for anything done or omitted to be done in good faith in the administration or discharge of any powers or duties that under any Act of Parliament are intended or authorized to be executed or performed.

  • R.S., 1985, c. 18 (3rd Supp.), s. 39;
  • 2001, c. 9, s. 477.

IMMUNITIES

Marginal note:Not compellable

39.1 The Superintendent, any Deputy Superintendent, any officer or employee of the Office or any person acting under the direction of the Superintendent, is not a compellable witness in any civil proceedings in respect of any matter coming to their knowledge as a result of exercising any of their powers or performing any of their duties or functions under this Act or the Acts listed in the schedule.

  • 2012, c. 5, s. 212.

ANNUAL REPORT

Marginal note:Annual report

40. The Minister shall cause to be laid before each House of Parliament, not later than the fifth sitting day of that House after September 30 next following the end of each fiscal year, a report showing the operations of the Office for that year.

  • R.S., 1985, c. 18 (3rd Supp.), s. 40;
  • 2001, c. 9, s. 477.

[Note: The former sections 26 to 46, as originally enacted by R.S., c. 18 (3rd Supp.), Part I, are spent but not yet repealed. Those spent provisions will be repealed by a future amendment.]