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I-13.2.2 - Deposit Institutions and Deposit Protection Act

Section 45
Disposition versions

Full text
45. A regulation of the Authority under this Act must be submitted for approval to the Minister, who may approve it with or without amendment.
However, a regulation of the Authority under paragraph l.1 of section 43 must be submitted for approval to the Government, which may approve it with or without amendment.
A draft of a regulation referred to in the first paragraph may not be submitted for approval and the regulation may not be made before the expiry of 30 days after the publication of the draft regulation. The regulation comes into force on the date of its publication in the Gazette officielle du Québec or on any later date determined in the regulation. Sections 4, 8, 11 and 17 to 19 of the Regulations Act (chapter R-18.1) do not apply to the regulation.
The Minister may make a regulation referred to in the first paragraph if the Authority fails to act within the prescribed time.
The Government may make a regulation referred to in the second paragraph if the Authority fails to act within the prescribed time.
1966-67, c. 73, s. 42; 2002, c. 45, s. 194; 2004, c. 37, s. 90; 2009, c. 58, s. 24; 2018, c. 23, s. 383.
45. A regulation of the Authority under this Act must be submitted for approval to the Minister, who may approve it with or without amendment.
However, a regulation of the Authority under paragraph c.1, l.1, m.1 or s of section 43 must be submitted for approval to the Government, which may approve it with or without amendment.
A draft of a regulation referred to in the first paragraph may not be submitted for approval and the regulation may not be made before the expiry of 30 days after the publication of the draft regulation. The regulation comes into force on the date of its publication in the Gazette officielle du Québec or on any later date determined in the regulation. Sections 4, 8, 11 and 17 to 19 of the Regulations Act (chapter R-18.1) do not apply to the regulation.
The Minister may make a regulation referred to in the first paragraph if the Authority fails to act within the prescribed time.
The Government may make a regulation referred to in the second paragraph if the Authority fails to act within the prescribed time.
1966-67, c. 73, s. 42; 2002, c. 45, s. 194; 2004, c. 37, s. 90; 2009, c. 58, s. 24.
45. A regulation made under section 43 is approved, with or without amendment, by the Government and comes into force on the date of its publication in the Gazette officielle du Québec or on any later date determined therein.
The Government may make any regulation under section 43 not made within the prescribed time by the Authority.
1966-67, c. 73, s. 42; 2002, c. 45, s. 194; 2004, c. 37, s. 90.
45. A regulation made under section 43 is approved, with or without amendment, by the Government and comes into force on the date of its publication in the Gazette officielle du Québec or on any later date determined therein.
The Government may make any regulation under section 43 not made within the prescribed time by the Agency.
1966-67, c. 73, s. 42; 2002, c. 45, s. 194.
45. The regulations of the Board shall be subject to approval by the Government and shall come into force on the date of their publication in the Gazette officielle du Québec or on such later date as is determined therein.
1966-67, c. 73, s. 42.
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