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Canada Deposit Insurance Corporation Act

Version of section 49 from 2002-12-31 to 2016-06-21:


Marginal note:Failure to provide information, etc.

 Every member institution that fails or neglects

  • (a) within the time limited for so doing, to provide the Corporation with any account, statement, return, report or other document respecting the affairs of the member institution that is required to be submitted to the Corporation pursuant to this Act, the by-laws or the policy of deposit insurance of the member institution, or

  • (b) to respond, within a reasonable time, to a request for information or explanations respecting the member institution made by or on behalf of the Corporation pursuant to this Act, the by-laws or the policy of deposit insurance of the member institution

is guilty of an offence.

  • R.S., 1985, c. C-3, s. 49
  • 1996, c. 6, s. 45
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