Deposit-Type Instruments Regulations
Marginal note:Definitions
1 The following definitions apply in these Regulations.
- business day
business day means a day other than Saturday or a holiday. (jour ouvrable)
- deposit-type instrument
deposit-type instrument has the same meaning as in subsection 627.01(1) of the Bank Act. (instrument de type dépôt)
- institution
institution means
(a) [Repealed, SOR/2021-181, s. 110]
(b) [Repealed, SOR/2021-181, s. 110]
(c) a retail association, as defined in section 2 of the Cooperative Credit Associations Act; or
(d) a company, as defined in section 2 of the Trust and Loan Companies Act. (institution)
- interest
interest, in relation to a deposit-type instrument, includes any return payable under the instrument by an institution in respect of the deposit. (intérêt)
- interest rate benchmark
interest rate benchmark has the same meaning as in subsection 627.01(1) of the Bank Act. (taux d’intérêt de référence)
- SOR/2021-181, s. 110
- SOR/2024-212, s. 5
- SOR/2024-212, s. 7(E)
- Date modified: