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Exemption from Restrictions on Investments (Banks, Bank Holding Companies and Foreign Banks) Regulations

Version of section 2 from 2008-05-19 to 2024-06-19:

Marginal note:Prescribed circumstances — foreign banks and entities associated with foreign banks

 For the purpose of subparagraph 522.08(2)(d)(ii) of the Bank Act, subsection 522.22(1) of the Act does not apply in determining whether a foreign bank or an entity associated with a foreign bank would be permitted to acquire or hold control of, or a substantial investment in, a Canadian entity under section 522.07, 522.08, any of paragraphs 522.1(a) or (c) to (e) or Division 8 of Part XII of the Act.

  • SOR/2008-160, s. 1

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