Government of Canada / Gouvernement du Canada
Symbol of the Government of Canada


Bank Act

Version of section 694 from 2007-04-20 to 2024-05-01:

Marginal note:Affiliated bank holding company

 Despite section 693 and subject to section 695, a bank holding company that is affiliated with another entity may, with the consent of that entity,

  • (a) be incorporated with, or change its name to, substantially the same name as that of the affiliated entity; or

  • (b) subject to any terms and conditions that may be prescribed, carry on business under or identify itself by a name, other than its corporate name, that is substantially the same as the corporate name of the affiliated entity or that is another name under which or with which the affiliated entity carries on business or otherwise identifies itself.

  • 2001, c. 9, s. 183
  • 2007, c. 6, s. 109

Date modified: