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2018C23, r. 1 - Regulation respecting certain transitional measures for the carrying out of the Act mainly to improve the regulation of the financial sector, the protection of deposits of money and the operation of financial institutions
Section 2
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2. A financial services cooperative may continue to hold contributed capital securities or participations and any share of the right of ownership, even if it is in excess of the limits prescribed by section 473 of the Act respecting financial services cooperatives (chapter C-67.3), where such holdings did not contravene the Act respecting financial services cooperatives, as it read on 12 July 2018.
In force: 2019-01-09
2. A financial services cooperative may continue to hold contributed capital securities or participations and any share of the right of ownership, even if it is in excess of the limits prescribed by section 473 of the Act respecting financial services cooperatives (chapter C-67.3), where such holdings did not contravene the Act respecting financial services cooperatives, as it read on 12 July 2018.
