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Canada Deposit Insurance Corporation Act

Version of section 39.3 from 2002-12-31 to 2018-03-25:


Marginal note:Notice to dissenters

 The Corporation shall, in accordance with the regulations, send or deliver to each of the dissenting offerees or the federal member institution, as the case may require, a notice of

  • (a) the appointment of the assessor;

  • (b) the right of each of the dissenting offerees or the federal member institution to appear before and be heard by the assessor in person or by counsel; and

  • (c) the fact that each of the dissenting offerees or the federal member institution will be bound by the assessor’s determination as to the amount of compensation to be paid to

    • (i) the dissenting offeree for the shares or subordinated debt of the class in respect of which there are dissenting offerees, or

    • (ii) the federal member institution,

    as the case may be.

  • 1992, c. 26, s. 11
  • 1996, c. 6, s. 41

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