7900 For the purposes of section 33.1, paragraph 95(2)(a.3), clause 212(1)(b)(iii)(D) and subparagraph 212(1)(b)(xi) of the Act, prescribed financial institution means
(a) a corporation that is a member of the Canadian Payments Association; or
(b) a credit union that is a shareholder or member of a body corporate or organization that is a central for the purposes of the Canadian Payments Association Act.
- [NOTE: Application provisions are not included in the consolidated text
- see relevant amending Acts and regulations.]
- SOR/90-285, s. 2
- SOR/94-686, s. 79(F)
- SOR/97-505, s. 10
- Date modified: