Canada Deposit Insurance Corporation Act
Marginal note:Exemption — shares of member institution
10.01 (1) To enable the Corporation to acquire, hold or dispose of shares under paragraph 10(1)(f.1), the Minister may, by order, exempt any person or share specified in the order from any of the following provisions:
(2) The exemption may be subject to conditions.
Marginal note:Duration of exemption
(3) The exemption ceases to have effect five years after the day on which it comes into force.
(4) The Minister may, by order, extend the duration of the exemption if general market conditions so warrant.
Marginal note:Statutory Instruments Act
- 2009, c. 2, s. 235
- Date modified: