Notices of Uninsured Deposits Regulations (Banks)

1.2 (1) In this section, “member institution” has the same meaning as in section 2 of the Canada Deposit Insurance Corporation Act.

(2) If a person makes a request in person to open a deposit account with a bank to which paragraph 413(1)(b) of the Bank Act applies on premises that are shared with those of a member institution, the notice referred to in section 1.1 shall contain an additional statement indicating that the bank’s business is separate and distinct from that of the member institution.