Disclosure of Interest (Trust and Loan Companies) Regulations
Version of section 4 from 2006-03-22 to 2009-02-11:
4 Where there is a change in the rate of interest, or in the manner of calculating the amount of interest, that is applicable to a deposit account, the company shall disclose the changes by means of
(a) a written statement delivered to the person in whose name the account is maintained;
(b) a written statement copies of which are available and displayed in each branch of the company where such accounts are kept; or
(c) a general notice that is displayed in each branch of the company where such accounts are kept.
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