C-4.1 - Savings and Credit Unions Act

Full text
429. The Inspector General may give written instructions to a federation as to the adequacy of its capital stock, general reserve and liquid assets.
Before exercising the powers set out in the first paragraph, the Inspector General shall inform the federation of his intention and give it an opportunity to present observations.
1988, c. 64, s. 429; 1996, c. 69, s. 180.
429. The Inspector General may give written instructions to a federation as to the adequacy of its capital stock, general reserve and liquid assets.
Before exercising the powers set out in the first paragraph, the Inspector General shall inform the federation of his intention and give it an opportunity to be heard.
1988, c. 64, s. 429.