C-4.1 - Savings and Credit Unions Act

Section 214 Disposition versions

1997-02-15

214. A credit union may in addition

(1)  receive the payment of tax accounts and electricity, gas and telephone bills and other public utility accounts;

(2)  with the authorization of the Minister of Transport, issue registration plates for motor vehicles;

(3)  engage in the sale of lottery tickets and urban transport tickets;

(4)  subscribe for shares in a cooperative and benefit from its services;

(5)  subscribe or guarantee, out of a social or community fund, funds to promote and further knowledge of the cooperative sector or for charitable, benevolent, educational, artistic or sport purposes;

(6)  establish, in accordance with the Supplemental Pension Plans Act (chapter R-15.1), a pension plan for the benefit of its employees and their spouses or dependants, or join any such plan established by another credit union affiliated with the federation of which it is member or a plan established by that federation or the confederation with which the federation is affiliated.

1988, c. 64, s. 214; 1989, c. 38, s. 319; 1996, c. 69, s. 70.

1990-01-01

214. A credit union may in addition

(1)  receive the payment of tax accounts and electricity, gas and telephone bills and other public utility accounts;

(2)  with the authorization of the Minister, issue registration plates for motor vehicles;

(3)  engage in the sale of lottery tickets and urban transport tickets;

(4)  subscribe for shares in a cooperative and benefit from its services;

(5)  subscribe or guarantee, out of a social or community fund, funds to promote and further knowledge of the cooperative sector or for charitable, benevolent, educational, artistic or sport purposes;

(6)  establish, in accordance with the Supplemental Pension Plans Act (chapter R-15.1), a pension plan for the benefit of its employees and their spouses or dependants, or join any such plan established by another credit union affiliated with the federation of which it is member or a plan established by that federation or the confederation with which the federation is affiliated.

1988, c. 64, s. 214; 1989, c. 38, s. 319.

1989-03-15

214. A credit union may in addition

(1)  receive the payment of tax accounts and electricity, gas and telephone bills and other public utility accounts;

(2)  with the authorization of the Minister, issue registration plates for motor vehicles;

(3)  engage in the sale of lottery tickets and urban transport tickets;

(4)  subscribe for shares in a cooperative and benefit from its services;

(5)  subscribe or guarantee, out of a social or community fund, funds to promote and further knowledge of the cooperative sector or for charitable, benevolent, educational, artistic or sport purposes;

(6)  establish, in accordance with the Act respecting supplemental pension plans (chapter R-17), a pension plan for the benefit of its employees and their spouses or dependants, or join any such plan established by another credit union affiliated with the federation of which it is member or a plan established by that federation or the confederation with which the federation is affiliated.

1988, c. 64, s. 214.