Marginal note:Constraining registration: Crown and foreign governments
913 (1) No bank holding company shall record in its securities register a transfer or issue of any share of the bank holding company to
(a) Her Majesty in right of Canada or of a province or any agent or agency of Her Majesty in either of those rights; or
(b) the government of a foreign country or any political subdivision of a foreign country, or any agent or agency of a foreign government.
Marginal note:Exception
(2) Despite subsection (1), a bank holding company may record in its securities register a transfer or issue of any share of the bank holding company to a foreign bank, or to a foreign institution, that is controlled by the government of a foreign country or any political subdivision of a foreign country or any agent or agency of a foreign country if the bank holding company is a subsidiary of the foreign bank or foreign institution.
- 2001, c. 9, s. 183
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