Canadian Payments Act
Version of section 32 from 2019-06-23 to 2024-10-30:
Marginal note:Insolvency
32 (1) No law relating to the insolvency of any body corporate, except Part I.1 of the Payment Clearing and Settlement Act, applies to the Association.
Marginal note:Winding-up
(2) No law relating to the winding-up of any body corporate applies to the Association and in no case shall its affairs be wound up unless Parliament so provides.
- R.S., 1985, c. C-21, s. 32
- 2018, c. 12, s. 238
- Date modified: