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Bank Act

Version of section 36 from 2003-01-01 to 2012-12-18:


Marginal note:Effect of letters patent

 On the day set out in the letters patent continuing a body corporate as a bank under subsection 35(1),

  • (a) the body corporate becomes a bank as if it had been incorporated under this Act; and

  • (b) the letters patent are deemed to be the incorporating instrument of the continued bank.


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