186.1. The Authority may, in accordance with the criteria and conditions determined by regulation, designate a credit rating organization as being subject to this Act.
It may also, in accordance with the criteria and conditions determined by regulation, make this Act applicable to a benchmark and designate the benchmark. In such a case, the benchmark administrator becomes subject to this Act.
For the purposes of section 35 of the Act respecting the regulation of the financial sector (chapter E-6.1), the decision to make this Act applicable to a benchmark is deemed to be an individual decision in respect of the benchmark administrator. The administrator is deemed to be a citizen within the meaning of the Act respecting administrative justice (chapter J-3).
2009, c. 58, s. 100; 2018, c. 23, ss. 687 and 811.