I-13.2.2 - Deposit Institutions and Deposit Protection Act

Full text
52. The Authority shall maintain a deposit insurance fund.
All the Authority’s financial obligations under Title III, under section 45.2 or under Title VI, except section 56.1, shall be discharged out of the deposit insurance fund.
1966-67, c. 73, s. 49; 1983, c. 10, s. 34; 2002, c. 45, s. 196; 2004, c. 37, s. 90; 2018, c. 232018, c. 23, s. 388.
52. The Authority shall maintain a deposit insurance fund.
All the Authority’s financial obligations under this Act shall be discharged out of the deposit insurance fund.
1966-67, c. 73, s. 49; 1983, c. 10, s. 34; 2002, c. 45, s. 196; 2004, c. 37, s. 90.
52. The Agency shall maintain a deposit insurance fund.
All the Agency’s financial obligations under this Act shall be discharged out of the deposit insurance fund.
1966-67, c. 73, s. 49; 1983, c. 10, s. 34; 2002, c. 45, s. 196.
52. The Board shall maintain a deposit insurance fund for the execution of its obligations under guarantees provided for in this Act and for the exercise of its powers under section 40.
1966-67, c. 73, s. 49; 1983, c. 10, s. 34.
52. The Minister of Finance, with the authorization of the Government and on such conditions as it determines, shall pay to the Board the sums necessary to constitute adequate reserves to cover the risks assumed by the Board.
1966-67, c. 73, s. 49.