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Bank Act

Version of section 522.07 from 2008-05-19 to 2024-04-01:


Marginal note:Investment in a financial institution

 Subject to the requirements relating to approval set out in Division 5, a foreign bank or an entity associated with a foreign bank may acquire or hold control of, or a substantial investment in, a Canadian entity referred to in any of paragraphs 468(1)(a) to (i).

  • 2001, c. 9, s. 132
  • 2007, c. 6, s. 58

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