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Bank Act

Version of section 882 from 2003-01-01 to 2007-04-19:


Marginal note:Prohibition against control

  •  (1) No person shall control, within the meaning of paragraph 3(1)(d), a bank holding company with equity of five billion dollars or more.

  • Marginal note:Exception — widely held bank

    (2) Subsection (1) does not apply if any of subsections 876(2) to (6) applies in respect of the person in respect of the bank holding company.

  • 2001, c. 9, s. 183

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