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Bank Act

Version of section 376.1 from 2007-04-20 to 2012-05-23:


Marginal note:Prohibition against significant interest

 No person who has a significant interest in any class of shares of a widely held bank with equity of eight billion dollars or more may have a significant interest in any class of shares of a subsidiary of the widely held bank that is a bank or a bank holding company.

  • 1991, c. 46, s. 578
  • 1997, c. 15, s. 39
  • 1999, c. 28, s. 19
  • 2001, c. 9, s. 98
  • 2007, c. 6, s. 132

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