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Information Technology Activities (Banks) Regulations

Version of section 1 from 2006-03-22 to 2008-05-14:


Marginal note:Definitions

 The following definitions apply in these Regulations.

Act

Act means the Bank Act. (Loi)

book value

book value, in respect of the shares and ownership interests held by an entity, means the book value reported on the entity’s balance sheet on an unconsolidated basis. (valeur comptable)

member of a bank’s group

member of a bank’s group has the same meaning as in subsection 464(2) of the Act. (membre du groupe d’une banque)


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