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(3) A company may not acquire control of, or hold, acquire or increase a substantial investment in, an entity engaging in an activity described in subsection (1) if the entity engages in the business of accepting deposit liabilities or if the activities of the entity include
(b) dealing in securities, except as may be permitted under paragraph 453(2)(e) of the Act or as may be permitted to a company under paragraph 409(2)(c) of the Act;
(c) dealing in goods, wares or merchandise that a company is not permitted to deal in under subsection 410(2) of the Act, other than as permitted under subsection (1);
(d) acting as an executor, administrator or official guardian or as a guardian, tutor, curator, judicial adviser or committee of a mentally incompetent person;
1 The following definitions apply in these Regulations.
member of a company’s group has the same meaning as in subsection 449(2) of the Act. ( membre du groupe d’une société)
