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Trust and Loan Companies Act

Version of section 274 from 2003-01-01 to 2006-11-27:

Marginal note:Exemption by Superintendent

  •  (1) On an application by or on behalf of an insider, the Superintendent may, in writing, on such terms as the Superintendent thinks fit, exempt the insider from any of the requirements of sections 271 to 273, and the exemption may be given retroactive effect.

  • Marginal note:Publication

    (2) The Superintendent shall summarize or cause to be summarized in a periodical available to the public the information contained in insider reports sent to the Superintendent under sections 271 to 273 and the particulars of exemptions granted under subsection (1) together with the reasons therefor.

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