CONSOLIDATION

Entity Member of Group Regulations

SOR/2002-132

Current to June 20, 2022



OFFICIAL STATUS OF CONSOLIDATIONS Subsections 31(1) and (3) of the Legislation Revision and Consolidation Act, in force on June 1, 2009, provide as follows: Published consolidation is evidence

31 (1) Every copy of a consolidated statute or consolidated regulation published by the Minister under this Act in either print or electronic form is evidence of that statute or regulation and of its contents and every copy purporting to be published by the Minister is deemed to be so published, unless the contrary is shown. ... Inconsistencies in regulations

(3) In the event of an inconsistency between a consolidated regulation published by the Minister under this Act and the original regulation or a subsequent amendment as registered by the Clerk of the Privy Council under the Statutory Instruments Act, the original regulation or amendment prevails to the extent of the inconsistency.

LAYOUT The notes that appeared in the left or right margins are now in boldface text directly above the provisions to which they relate. They form no part of the enactment, but are inserted for convenience of reference only.

NOTE This consolidation is current to June 20, 2022. Any amendments that were not in force as of June 20, 2022 are set out at the end of this document under the heading “Amendments Not in Force”.

Current to June 20, 2022

TABLE OF PROVISIONS Entity Member of Group Regulations

Entity Member of a Bank’s Group 1

Entity member of bank’s group (Entité membre du groupe d’une banque)

Entity Member of a Bank Holding Company’s Group 2

Entity member of bank holding company’s group (Entité membre du groupe d’une société de portefeuille bancaire)

Entity Member of Insurance Company’s Group 3

Entity member of insurance company’s group (Entité membre du groupe d’une société d’assurances)

Entity Member of Insurance Holding Company’s Group 4

Entity member of insurance holding company’s group (Entité membre du groupe d’une société de portefeuille d’assurances)

Entity Member of Trust and Loan Company’s Group 5

Entity member of trust and loan company’s group (Entité membre du groupe d’une société de fidicie et de prêt)

Coming into Force 6

Coming into force (Entrée en vigueur)

Current to June 20, 2022

ii

Registration SOR/2002-132

March 21, 2002

BANK ACT TRUST AND LOAN COMPANIES ACT INSURANCE COMPANIES ACT Entity Member of Group Regulations P.C. 2002-401

March 21, 2002

Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to sections 978a of the Bank Actb, 1021c of the Insurance Companies Actd and 531e of the Trust and Loan Companies Actf, hereby makes the annexed Entity Member of Group Regulations.

a

S.C. 2001, c. 9, s. 183

b

S.C. 1991, c. 46

c

S.C. 2001, c. 9, s. 465

d

S.C. 1991, c. 47

e

S.C. 2001, c. 9, s. 569

f

S.C. 1991, c. 45

Current to June 20, 2022

Entity Member of Group Regulations

Entity Member of a Bank’s Group Entity member of bank’s group (Entité membre du

groupe d’une banque)

1 For the purpose of paragraph 464(2)(d) of the Bank

Act, the following entities are members of a bank’s group: (a) a central for which an order has been made under

subsection 473(1) of the Cooperative Credit Associations Act that controls the bank; (b) a subsidiary of a central referred to in paragraph (a); and (c) an entity in which a central referred to in paragraph (a) has a substantial investment.

Entity Member of a Bank Holding Company’s Group Entity member of bank holding company’s group (Entité membre du groupe d’une société de portefeuille bancaire) 2 For the purpose of paragraph 925(2)(d) of the Bank Act, the following entities are members of a bank holding company’s group: (a) a central for which an order has been made under subsection 473(1) of the Cooperative Credit Associations Act that controls the bank holding company; (b) a subsidiary of a central referred to in paragraph

(a); and (c) an entity in which a central referred to in paragraph (a) has a substantial investment.

Current to June 20, 2022

Entity Member of Group Regulations Entity Member of Insurance Company’s Group Sections 3-5

Entity Member of Insurance Company’s Group Entity member of insurance company’s group (Entité membre du groupe d’une société d’assurances) 3 For the purpose of paragraph 490(2)(d) of the Insurance Companies Act, the following entities are members of a company’s group: (a) a central for which an order has been made under subsection 473(1) of the Cooperative Credit Associations Act that controls the company; (b) a subsidiary of a central referred to in paragraph (a); and (c) an entity in which a central referred to in paragraph (a) has a substantial investment.

Entity Member of Insurance Holding Company’s Group Entity member of insurance holding company’s group

(Entité membre du groupe d’une société de portefeuille d’assurances) 4 For the purpose of paragraph 966(2)(d) of the Insurance Companies Act, the following entities are members of an insurance holding company’s group: (a) a central for which an order has been made under subsection 473(1) of the Cooperative Credit Associations Act that controls the insurance holding company; (b) a subsidiary of a central referred to in paragraph (a); and (c) an entity in which a central referred to in paragraph (a) has a substantial investment.

Entity Member of Trust and Loan Company’s Group Entity member of trust and loan company’s group (Entité membre du groupe d’une société de fidicie et de prêt) 5 For the purpose of paragraph 449(2)(d) of the Trust and Loan Companies Act, the following entities are members of a company’s group:

Current to June 20, 2022

Entity Member of Group Regulations Entity Member of Trust and Loan Company’s Group Sections 5-6

(a) a central for which an order has been made under

subsection 473(1) of the Cooperative Credit Associations Act that controls the company; (b) a subsidiary of a central referred to in paragraph

(a); and (c) an entity in which a central referred to in paragraph (a) has a substantial investment.

Coming into Force Coming into force (Entrée en vigueur) 6 These Regulations come into force on the day

on which they are registered.

Current to June 20, 2022

