S-29.02 - Trust Companies and Savings Companies Act

Full text
32. The Authority’s inspection functions and powers, provided for by the Act respecting the regulation of the financial sector (chapter E-6.1), that may be exercised in relation to an authorized trust company extend to any affiliated group if the person authorized to inspect the company considers it necessary to inspect the group in order to complete the verification of the company’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. 395.
In force: 2019-06-13
32. The Authority’s inspection functions and powers, provided for by the Act respecting the regulation of the financial sector (chapter E-6.1), that may be exercised in relation to an authorized trust company extend to any affiliated group if the person authorized to inspect the company considers it necessary to inspect the group in order to complete the verification of the company’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. 395.