Cooperative Credit Associations Act
Version of section 271 from 2003-01-01 to 2006-11-27:
Marginal note:Order of exemption
271 (1) On application by an association or any person proposing to make a distribution, the Superintendent may, by order, exempt that distribution from the application of sections 268, 269 and 272 to 277 if the Superintendent is satisfied that the association has filed or is about to file, in compliance with the laws of the relevant jurisdiction, a prospectus relating to the distribution that, in form and content, substantially complies with the requirements of this Act and any regulations made under subsection 270(1).
Marginal note:Conditions
(2) An order under subsection (1) may contain such conditions or limitations as the Superintendent deems appropriate.
- 1991, c. 48, s. 271
- 1999, c. 31, s. 56
- Date modified: