Material Percentage Regulations
SOR/2001-400
Registration 2001-10-04
Material Percentage Regulations
P.C. 2001-1771 2001-10-04
Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to section 978Footnote a of the Bank ActFootnote b, hereby makes the annexed Material Percentage Regulations.
Return to footnote aS.C. 2001, c. 9, s. 183
Return to footnote bS.C. 1991, c. 46
Material Percentage
Marginal note:Material percentage
1 For the purposes of paragraph 508(1)(d) and subparagraph 508(2)(b)(i) of the Bank Act, the material percentage is 35%.
Coming into Force
Marginal note:Coming into force
Footnote *2. These Regulations come into force on the day on which section 508 of the Bank Act, as enacted by section 132 of the Financial Consumer Agency of Canada Act, being chapter 9 of the Statutes of Canada, 2001, comes into force.
Return to footnote *[Note: Regulations in force October 24, 2001, see SI/2001-102.]
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