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Marginal note:August 1, 2011

6 These Regulations come into force on November 1, 2011.

Marginal note:Definitions

• 1 (1) The following definitions apply in these Regulations.

• Definition of registered product

  (2) For the purposes of sections 448.3 and 566.1 of the Bank Act, section 385.131 of the Cooperative Credit Associations Act, section 434.1 of the Trust and Loan Companies Act and these Regulations, registered product means a registered education savings plan, a registered retirement savings plan, a registered retirement income fund, a registered disability savings plan or any other plan, arrangement or fund to which Division G of Part I of the Income Tax Act applies that is provided by an institution to a natural person.

Marginal note:Definitions

• 1 (1) The following definitions apply in these Regulations.

• Marginal note:Definition of registered product

  (2) For the purposes of section 385.131 of the Cooperative Credit Associations Act, section 434.1 of the Trust and Loan Companies Act and these Regulations, registered product means a registered education savings plan, a registered retirement savings plan, a registered retirement income fund, a registered disability savings plan or any other plan, arrangement or fund to which Division G of Part I of the Income Tax Act applies that is provided by an institution to a natural person.

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Marginal note:Clear and simple language

• 2 (1) The information that is required to be provided by an institution under subsection 448.3(1) or 566.1(1) of the Bank Act, subsection 385.131(1) of the Cooperative Credit Associations Act, subsection 434.1(1) of the Trust and Loan Companies Act or these Regulations must be made in language, and presented in a manner, that is clear, simple and not misleading.

Marginal note:Clear and simple language

• 2 (1) The information that is required to be provided by an institution under subsection 385.131(1) of the Cooperative Credit Associations Act, subsection 434.1(1) of the Trust and Loan Companies Act or these Regulations must be disclosed in language, and presented in a manner, that is clear, simple and not misleading.

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