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Bank Act

Version of section 542 from 2003-01-01 to 2014-12-15:


Marginal note:Payment clearing and settlement

 Subject to section 22.1 of the Payment Clearing and Settlement Act, an authorized foreign bank may be a participant in a designated clearing and settlement system within the meaning of section 3 of that Act.

  • 1991, c. 46, s. 542
  • 1996, c. 6, s. 17
  • 1999, c. 28, s. 35
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