CONSOLIDATION

Equity of a Trust and Loan Company Regulations

SOR/2001-379

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 Equity of a Trust and Loan Company Regulations

Equity of a Company 1

Equity

Coming into Force *2

Coming into force

Current to June 20, 2022

ii

Registration SOR/2001-379

October 4, 2001

TRUST AND LOAN COMPANIES ACT Equity of a Trust and Loan Company Regulations

P.C. 2001-1750

October 4, 2001

Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to section 531a of the Trust and Loan Companies Actb, hereby makes the annexed Equity of a Trust and Loan Company Regulations.

a

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

b

S.C. 1991, c. 45

Current to June 20, 2022

Equity of a Trust and Loan Company Regulations

Equity of a Company Equity 1 For the purposes of the Trust and Loan Companies Act, the equity of a company is the sum of the shareholders’ equity of the company and the minority interests in entities controlled by the company, as they appear in the consolidated financial statements of the company.

Coming into Force Coming into force 2 These Regulations come into force on the day on which paragraph 531(f.1) of the Trust and Loan Companies Act, as enacted by section 569 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.]

Current to June 20, 2022

