1. The definitions in this section apply in this By-law.

“Act”

“Act” means the Canada Deposit Insurance Corporation Act. (Loi)

“CDIC”

“CDIC” means the Canada Deposit Insurance Corporation. (SADC)

“place of business”

“place of business” means a location in Canada where a member institution carries on business and at which a person may make a deposit with the assistance of a representative of a member institution. (lieu d’affaires)

“point of service”

“point of service” means a location in Canada where a member institution carries on business and at which a person may, in person or by electronic means, commence a transaction to open an account with the member institution or to make a deposit with the member institution for a fixed term, but does not include a place of business. (point de service)

“Return of Insured Deposits”

“Return of Insured Deposits” means the form of return of insured deposits established by the Corporation in accordance with subsection 22(1) of the Act. (Déclaration des dépôts assurés)

2. No person shall make any false, misleading or deceptive representation with respect to

• (a) what constitutes, or does not constitute, a deposit;

• (b) what constitutes, or does not constitute, a deposit that is insured by the Corporation; or

• (c) who is a member institution.

• 3. (1) When a member institution makes representations with respect to any of the matters referred to in paragraphs 2(a) to (c), the representations shall be made in accordance with sections 3.1 to 9.2.

• (2) A member institution shall not make a representation with respect to any of the matters referred to in paragraphs 2(a) to (c) if its deposit insurance has been terminated or cancelled.

3.1 A member institution may make representations with respect to anything contained in the brochure referred to in section 6.