Receipt and Deposit of Public Money Regulations, 1997
1 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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