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Bank Act

Version of section 384 from 2012-12-19 to 2024-04-01:


Marginal note:Pre-approval

 For the purposes of sections 373 and 379, the Minister may approve

  • (a) the purchase or other acquisition of any number or percentage of shares or membership shares of a bank that may be required in a particular transaction or series of transactions; or

  • (b) the purchase or other acquisition of up to a specified number or percentage of shares or membership shares of a bank within a specified period.

  • 1991, c. 46, s. 384
  • 2001, c. 9, s. 98
  • 2010, c. 12, s. 2066

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