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Canada Deposit Insurance Corporation Data and System Requirements By-law

Version of section 1 from 2011-01-01 to 2015-03-04:


Marginal note:Definitions

  •  (1) The following definitions apply in this By-law.

    Act

    Loi

    Act means the Canada Deposit Insurance Corporation Act. (Loi)

    business day

    jour ouvrable

    business day, in respect of a member institution, means a weekday that is not a holiday at the location of its head office. (jour ouvrable)

    Data Requirements

    exigences en matière de données

    Data Requirements means the Data and System Requirements issued by the Corporation, as amended from time to time. (exigences en matière de données)

    determination date

    date-repère

    determination date, in respect of a member institution, means

    • (a) if a winding-up order is made in respect of the institution before the day on which the Corporation makes a payment under section 14 of the Act, the day on which the petition or other originating process is filed in respect of the winding-up; and

    • (b) if a winding-up order is not made in respect of the institution, the day on which any of the circumstances described in subsection 14(2.1) of the Act first occurred in respect of the institution. (date-repère)

    determination time

    heure-repère

    determination time means

    • (a) if the determination date is a business day, the time by which all of the transactions made on that business day are processed and posted to the deposit liability records of the depositors of the member institution; and

    • (b) if the determination date is not a business day, the time by which all of the transactions made on the business day immediately preceding the determination date are processed and posted to the deposit liability records of the depositors of the member institution. (heure-repère)

    standardized data

    données standardisées

    standardized data means deposit liability data presented in accordance with the Data Requirements. (données standardisées)

  • Marginal note:Reference to day or time

    (2) In this By-law,

    • (a) a reference to a day, in respect of a member institution, is a reference to a period of 24 hours beginning immediately after midnight at the location of its head office; and

    • (b) a reference to a particular time, in respect of a member institution, is a reference to that time at the location of its head office.


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