Registered Products Regulations

Marginal note:Definitions

• 1 (1) The following definitions apply in these Regulations.

  institution

  institution

  institution means

  • (a) a bank, as defined in section 2 of the Bank Act;

  • (b) an authorized foreign bank, as defined in section 2 of the Bank Act;

  • (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)

  point of service

  point de service

  point of service means a physical location to which the public has access and at which an institution provides registered products through a natural person in Canada. (point de service)

• Definition of registered product

  (2) For the purposes of sections 448.3 and 566.1 of the Bank Act, section 385.131 of the Cooperative Credit Associations Act, section 434.1 of the Trust and Loan Companies Act and these Regulations, registered product means a registered education savings plan, a registered retirement savings plan, a registered retirement income fund, a registered disability savings plan or any other plan, arrangement or fund to which Division G of Part I of the Income Tax Act applies that is provided by an institution to a natural person.