I-13.2.2 - Deposit Institutions and Deposit Protection Act

Section 56 Disposition versions

2018-07-13

56. The Authority shall invest the sums making up the deposit insurance fund in accordance with section 38.6 of the Act respecting the regulation of the financial sector (chapter E-6.1).

1966-67, c. 73, s. 53; 1977, c. 5, s. 14; 1988, c. 64, s. 587; 2000, c. 29, s. 622; 2002, c. 45, s. 197; 2004, c. 37, s. 90; 2008, c. 7, s. 17; 2018, c. 23, s. 811.

2008-05-28

56. The Authority shall invest the sums making up the deposit insurance fund in accordance with section 38.6 of the Act respecting the Autorité des marchés financiers (chapter A-33.2).

1966-67, c. 73, s. 53; 1977, c. 5, s. 14; 1988, c. 64, s. 587; 2000, c. 29, s. 622; 2002, c. 45, s. 197; 2004, c. 37, s. 90; 2008, c. 7, s. 17.

2004-12-17

56. The amounts received by the Authority under this Act shall be deposited as and when received in a bank or an authorized foreign bank listed in Schedule I, II or III of the Bank Act (Statutes of Canada, 1991, chapter 46) or a financial services cooperative within the meaning of the Act respecting financial services cooperatives (chapter C‐67.3).

Sums which the Authority does not expect to be immediately needed shall be deposited immediately with the Caisse de dépôt et placement du Québec.

1966-67, c. 73, s. 53; 1977, c. 5, s. 14; 1988, c. 64, s. 587; 2000, c. 29, s. 622; 2002, c. 45, s. 197; 2004, c. 37, s. 90.

2004-02-01

56. The amounts received by the Agency under this Act shall be deposited as and when received in a bank or an authorized foreign bank listed in Schedule I, II or III of the Bank Act (Statutes of Canada, 1991, chapter 46) or a financial services cooperative within the meaning of the Act respecting financial services cooperatives (chapter C‐67.3).

Sums which the Agency does not expect to be immediately needed shall be deposited immediately with the Caisse de dépôt et placement du Québec.

1966-67, c. 73, s. 53; 1977, c. 5, s. 14; 1988, c. 64, s. 587; 2000, c. 29, s. 622; 2002, c. 45, s. 197.

2002-12-11

56. The funds in the possession of the Board shall be deposited as and when received in a bank or an authorized foreign bank listed in Schedule I, II or III of the Bank Act (Statutes of Canada, 1991, chapter 46) or a financial services cooperative within the meaning of the Act respecting financial services cooperatives (chapter C-67.3).

Sums which the Board does not expect to be immediately needed shall be deposited immediately with the Caisse de dépôt et placement du Québec.

1966-67, c. 73, s. 53; 1977, c. 5, s. 14; 1988, c. 64, s. 587; 2000, c. 29, s. 622; 2002, c. 45, s. 197.

2001-07-01

56. The funds in the possession of the Board shall be deposited as and when received in a bank or a financial services cooperative within the meaning of the Act respecting financial services cooperatives (chapter C-67.3).

Sums which the Board does not expect to be immediately needed shall be deposited immediately with the Caisse de dépôt et placement du Québec.

1966-67, c. 73, s. 53; 1977, c. 5, s. 14; 1988, c. 64, s. 587; 2000, c. 29, s. 622.

1999-04-01

56. The funds in the possession of the Board shall be deposited as and when received in a bank or a savings and credit union governed by the Savings and Credit Unions Act (chapter C-4.1).

Sums which the Board does not expect to be immediately needed shall be deposited immediately with the Caisse de dépôt et placement du Québec.

1966-67, c. 73, s. 53; 1977, c. 5, s. 14; 1988, c. 64, s. 587.

1977-12-31

56. The funds in the possession of the Board shall be deposited as and when received in a bank or a savings and credit union governed by the Savings and Credit Unions Act.

Sums which the Board does not expect to be immediately needed shall be deposited immediately with the Caisse de dépôt et placement du Québec.

1966-67, c. 73, s. 53; 1977, c. 5, s. 14.