By-law No. 7 Respecting the Large Value Transfer System

63 If, after the termination of an LVTS cycle and before the opening of the following LVTS cycle, a federal or provincial regulator or other supervisory body takes control of a participant or its assets or makes a declaration, in respect of a participant, that the participant is considered to be no longer viable or that the participant is unable to meet its liabilities as they become due, the participant shall have its status for the following LVTS cycle suspended, unless otherwise indicated by the President.