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Bank Act

Version of section 995 from 2018-12-13 to 2022-08-08:


Marginal note:Consent and other requirements

  •  (1) Despite anything in this Part, a requirement under this Act or the regulations to provide a notice, document or other information is not satisfied by providing an electronic document unless

    • (a) the addressee consents and designates an information system for the receipt of the electronic document;

    • (b) the electronic document is, unless otherwise prescribed, provided to the designated information system; and

    • (c) the prescribed requirements are complied with.

  • Marginal note:Consent and notice in electronic form

    (1.1) Despite subsection (1), the requirements referred to in paragraph (1)(c) may provide that the consent referred to in paragraph (1)(a) and any notice related to that consent may be provided in electronic form.

  • Marginal note:Regulations — revocation of consent

    (2) The Governor in Council may make regulations respecting the revocation of the consent referred to in paragraph (1)(a).

  • 2005, c. 54, s. 138
  • 2018, c. 27, s. 153
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