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

Search

Equity of a Trust and Loan Company Regulations (SOR/2001-379)

Regulations are current to 2024-04-01

Equity of a Trust and Loan Company Regulations

SOR/2001-379

TRUST AND LOAN COMPANIES ACT

Registration 2001-10-04

Equity of a Trust and Loan Company Regulations

P.C. 2001-1750  2001-10-04

Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to section 531Footnote a of the Trust and Loan Companies ActFootnote b, hereby makes the annexed Equity of a Trust and Loan Company Regulations.

Equity of a Company

Marginal note:Equity

 For the purposes of the Trust and Loan Companies Act, the equity of a company is the sum of the shareholders’ equity of the company and the minority interests in entities controlled by the company, as they appear in the consolidated financial statements of the company.

Coming into Force

Marginal note:Coming into force

Footnote * These Regulations come into force on the day on which paragraph 531(f.1) of the Trust and Loan Companies Act, as enacted by section 569 of the Financial Consumer Agency of Canada Act, chapter 9 of the Statutes of Canada, 2001, comes into force.

 

Date modified: