Government of Canada / Gouvernement du Canada
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Bank Act

Version of section 385.1 from 2007-04-20 to 2012-05-23:

Marginal note:Public holding requirement

 If a bank to which section 385 applies becomes a bank with equity of eight billion dollars or more, that section continues to apply to the bank until no person is a major shareholder of the bank, other than a person to whom subsections 374(2) to (6) apply.

  • 2001, c. 9, s. 98
  • 2007, c. 6, s. 132

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