Disclosure of Interest (Authorized Foreign Banks) Regulations

Version of section 5 from 2006-03-22 to 2009-02-11:


 Where an authorized foreign bank renews a fixed term deposit account, the authorized foreign bank shall disclose the rate of interest and the manner of calculating the amount of interest that are applicable to the deposit account in the manner described in subparagraph 3(1)(b)(i) or (ii).

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