Canada Deposit Insurance Corporation Act

Marginal note:Notice to dissenters

39.3 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.