Security Certificate Transfer Fee (Banks, Bank Holding Companies, Insurance Companies and Insurance Holding Companies) Regulations

Security Certificate Transfer Fee (Banks, Bank Holding Companies, Insurance Companies and Insurance Holding Companies) Regulations Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to sections 978a of the Bank Actb and 1021c of the Insurance Companies Actd, hereby makes the annexed Security Certificate Transfer Fee (Banks, Bank Holding Companies, Insurance Companies and Insurance Holding Companies) Regulations. S.C. 2001, c. 9, s. 183 S.C. 1991, c. 46 S.C. 2001, c. 9, s. 465 S.C. 1991, c. 47 Maximum fee For the purposes of subsections 85(2) of the Bank Act and 89(2) of the Insurance Companies Act, the maximum fee that may be charged for a security certificate issued in respect of a transfer is $5. Repeal [Repeal] Coming into force These Regulations come into force on the day on which section 724 of the Bank Act, as enacted by section 183 of the Financial Consumer Agency of Canada Act, chapter 9 of the Statutes of Canada, 2001, comes into force. [Note: Regulations in force October 24, 2001, see SI/2001-102.]