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Canada Deposit Insurance Corporation Act

Version of section 39.27 from 2018-03-26 to 2024-03-06:


Marginal note:Sittings and hearings

  •  (1) An assessor may sit at any place and shall arrange for the sittings and hearings that may be required.

  • Marginal note:Powers of assessor

    (2) The assessor has all the powers conferred on a commissioner appointed under Part II of the Inquiries Act for the purpose of obtaining evidence under oath.

  • Marginal note:Persons to assist

    (3) An assessor may appoint a person to assist him or her in performing his or her functions.

  • Marginal note:Payment

    (4) Fees and disbursements payable to the person may be included by the assessor in an amount awarded in respect of costs under subsection (5) or (6).

  • Marginal note:Costs of prescribed person

    (5) If the assessor determines that it is just and reasonable that costs in the proceeding before the assessor be awarded to a prescribed person and against the Corporation, the amount that the assessor determines to be just and reasonable to award in respect of those costs is payable by the Corporation to the prescribed person.

  • Marginal note:Costs of Corporation

    (6) If the assessor determines that it is just and reasonable that costs in the proceeding before the assessor be awarded to the Corporation and against a prescribed person, the amount that the assessor determines to be just and reasonable to award in respect of those costs constitutes a debt payable by the prescribed person to the Corporation and may be recovered as such in any court of competent jurisdiction.

  • 1992, c. 26, s. 11
  • 1996, c. 6, s. 41
  • 2016, c. 7, s. 142

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