Marginal note:Order of exemption
276 (1) On application by a bank or any person proposing to make a distribution, the Superintendent may, by order, exempt that distribution from the application of sections 273, 274 and 277 to 282 if the Superintendent is satisfied that the bank has filed or is about to file, in compliance with the laws of the relevant jurisdiction, a prospectus relating to the distribution that, in form and content, substantially complies with the requirements of this Act and any regulations made under subsection 275(1).
(2) An order under subsection (1) may contain such conditions or limitations as the Superintendent deems appropriate.
- 1991, c. 46, s. 276
- 1999, c. 31, s. 12
- Date modified: