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C-4.1 - Savings and Credit Unions Act

Section 303.1
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303.1. The financial statements referred to in paragraph 4 of section 303 shall be prepared in accordance with generally accepted accounting principles.
However, the Inspector General may, in respect of the financial statements he indicates and where the Inspector General considers it expedient, prescribe accounting standards that include particular requirements or requirements different from those applicable according to generally accepted accounting principles.
1999, c. 72, s. 4.
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