I-13.2.2 - Deposit Institutions and Deposit Protection Act

Full text
28.9. The Authority’s inspection functions and powers, provided for by the Act respecting the regulation of the financial sector (chapitre E-6.1), that may be exercised in relation to an authorized deposit institution extend to any affiliated group if the person authorized to inspect the deposit institution considers it necessary to inspect the group in order to complete the verification of the deposit institution’s compliance with this Act, even though the group does not carry on activities governed by an Act referred to in section 7 of that Act.
2018, c. 232018, c. 23, s. 353.