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Bank Act

Version of section 888 from 2007-04-20 to 2012-05-23:


Marginal note:Exemption

 On application by a bank holding company, other than a bank holding company with equity of eight billion dollars or more, the Superintendent may exempt any class of non-voting shares of the bank holding company the aggregate book value of which is not more than 30 per cent of the aggregate book value of all the outstanding shares of the bank holding company from the application of sections 875 and 887.

  • 2001, c. 9, s. 183
  • 2007, c. 6, s. 132

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