I-13.2.2 - Deposit Institutions and Deposit Protection Act

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46. The secretary of an authorized deposit institution who contravenes the second paragraph of section 28.67 by refusing or neglecting to provide the declaration sent to him or her by an auditor in accordance with section 28.66 or who destroys or falsifies the declaration commits an offence and is liable to a fine of $1,000 to $10,000.
1966-67, c. 73, s. 43; 1983, c. 10, s. 30; 2002, c. 45, s. 198; 2004, c. 37, s. 90; 2018, c. 232018, c. 23, s. 385.
46. Every person is guilty of an offence who:
(a)  makes a false statement in an application for a permit or for a policy contemplated in section 34;
(b)  furnishes the Authority with incorrect information;
(c)  falsely leads to the belief, in any manner whatsoever, that the deposits of money received by him are guaranteed under this Act;
(d)  hinders or attempts to hinder, in any manner, a person who does anything that he is required or authorized to do by this Act or the regulations;
(e)  infringes this Act or the regulations.
Every institution is also guilty of an offence which subscribes or issues a document that states or leads to the belief that funds are entrusted to it on deposit, when it is not a registered institution.
1966-67, c. 73, s. 43; 1983, c. 10, s. 30; 2002, c. 45, s. 198; 2004, c. 37, s. 90.
46. Every person is guilty of an offence who:
(a)  makes a false statement in an application for a permit or for a policy contemplated in section 34;
(b)  furnishes the Agency with incorrect information;
(c)  falsely leads to the belief, in any manner whatsoever, that the deposits of money received by him are guaranteed under this Act;
(d)  hinders or attempts to hinder, in any manner, a person who does anything that he is required or authorized to do by this Act or the regulations;
(e)  infringes this Act or the regulations.
Every institution is also guilty of an offence which subscribes or issues a document that states or leads to the belief that funds are entrusted to it on deposit, when it is not a registered institution.
1966-67, c. 73, s. 43; 1983, c. 10, s. 30; 2002, c. 45, s. 198.
46. Every person is guilty of an offence who:
(a)  makes a false statement in an application for a permit or for a policy contemplated in section 34;
(b)  furnishes the Board with incorrect information;
(c)  falsely leads to the belief, in any manner whatsoever, that the deposits of money received by him are guaranteed under this Act;
(d)  hinders or attempts to hinder, in any manner, a person who does anything that he is required or authorized to do by this Act or the regulations;
(e)  infringes this Act or the regulations.
Every institution is also guilty of an offence which subscribes or issues a document that states or leads to the belief that funds are entrusted to it on deposit, when it is not a registered institution.
1966-67, c. 73, s. 43; 1983, c. 10, s. 30.
46. Every person is guilty of an offence who:
(a)  makes a false statement in an application for a permit or for insurance;
(b)  furnishes the Board with incorrect information;
(c)  falsely leads to the belief, in any manner whatsoever, that the deposits of money received by him are guaranteed or insured under this act;
(d)  hinders or attempts to hinder, in any manner, a person who does anything that he is required or authorized to do by this act or the regulations;
(e)  infringes this act or the regulations.
Every institution is also guilty of an offence which subscribes or issues a document that states or leads to the belief that funds are entrusted to it on deposit, when it is not a registered institution.
1966-67, c. 73, s. 43.