Meetings and Proposals (Banks and Bank Holding Companies) Regulations
5 (1) For the purposes of subsections 143(1.4) and 732(1.4) of the Act,
(a) the bank or the bank holding company may request, within 14 days after it receives the person’s proposal, that the person provide the proof that they meet the requirements; and
(b) the person shall provide the proof that they meet the requirements within 21 days after receiving the bank’s or the bank holding company’s request.
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