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Receipt and Deposit of Public Money Regulations, 1997

Version of section 1 from 2006-03-22 to 2008-02-27:

 The definitions in this section apply in these Regulations.


Act means the Financial Administration Act. (Loi)

financial institution

financial institution means an institution, corporation or other entity, incorporated, continued or formed by or under an Act of Parliament or the legislature of a province or under the laws of a foreign state or a political subdivision of that state, that holds deposits and honours cheques and other instructions for payment on behalf of its clients and includes a bank, a trust company and a cooperative credit society. (institution financière)

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