Prescribed Products Regulations
P.C. 2011-510 2011-03-25
His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to section 978Footnote a of the Bank ActFootnote b, section 463Footnote c of the Cooperative Credit Associations ActFootnote d and section 531Footnote e of the Trust and Loan Companies ActFootnote f, hereby makes the annexed Prescribed Products Regulations.
1. For the purposes of sections 448.3, 457, 566.1 and 574.1 of the Bank Act, sections 385.131 and 385.241 of the Cooperative Credit Associations Act and sections 434.1 and 442.1 of the Trust and Loan Companies Act, the following products are prescribed:
(a) deposit type instruments as defined in the Deposit Type Instruments Regulations; and
(b) principal protected notes as defined in the Principal Protected Notes Regulations.
COMING INTO FORCE
2. These Regulations come into force on November 1, 2011.
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