C-4.1 - Savings and Credit Unions Act

Full text
547. The amount exigible from each federation shall correspond to the sum of the following amounts:
(1)  a minimum amount fixed each year by the Government for each credit union affiliated with the federation;
(2)  an amount corresponding to the product obtained by multiplying the sum of the average assets of all the credit unions at the end of the preceding year by the fraction corresponding to the sum of the average assets of all the credit unions affiliated with the federation at the end of the same year over the sum of the average assets of all the credit unions at the end of the same year.
1988, c. 64, s. 547.