Canada Deposit Insurance Corporation Act

Marginal note:Request of Corporation

39.11 On receipt of a report made by the Superintendent pursuant to section 39.1 and after having taken into account whether

• (a) an agreement for a transaction referred to in section 39.2 is reasonably likely to be expeditiously entered into after the making of the order, and

• (b) any such transaction would be consistent with the objects of the Corporation,

the Corporation may request the Minister to recommend that one or more orders be made under subsection 39.13(1).