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- Bank_Act_(Canada) abstract "The Bank Act (1991, c. 46) is an Act of the Government of Canada respecting banks and banking.The Bank Act was originally passed in 1871. The terms of the Act provide for a statutory review of the Act on a regular basis to ensure that legislators update the Act in order that it keep pace with developments in the financial system. Historically this was done on a decennial basis. In 1992 this requirement was changed to every five years. The Act contains a "sunset" clause providing that it and the bank charters provided by it will expire unless it the statutory review is conducted every five years. The most recent statutory review of the Act took place in 2012.The Act groups banks in three schedules. Schedule I banks are domestic banks allowed to accept deposits. Schedule II banks are subsidiaries of foreign banks that allowed to accept deposits through branches in Canada. Schedule III banks are foreign banks with certain restrictions upon the banking business they can conduct in Canada.In 2010, parliament passed amendments to the Act to allow federal credit unions to exist as a new class of financial institution. Federal credit unions differ from banks in that they are member-owned, democratically controlled and governed by co-operative principles. The Bank Act allows that federal credit unions may either be created by five persons (of which three must be individuals), or through the continuance of one or more credit unions existing within provincial jurisdiction. These provisions came into force at the end of 2012, however no institution has yet to operate under them.The Canadian banking industry includes 20 domestic banks, 24 foreign bank subsidiaries and 22 foreign bank branches operating in Canada.".
- Bank_Act_(Canada) wikiPageExternalLink FullText.html.
- Bank_Act_(Canada) wikiPageExternalLink index.html.
- Bank_Act_(Canada) wikiPageExternalLink bank-act.
- Bank_Act_(Canada) wikiPageID "5588622".
- Bank_Act_(Canada) wikiPageLength "3536".
- Bank_Act_(Canada) wikiPageOutDegree "14".
- Bank_Act_(Canada) wikiPageRevisionID "656278214".
- Bank_Act_(Canada) wikiPageWikiLink Act_of_Parliament.
- Bank_Act_(Canada) wikiPageWikiLink Banking_in_Canada.
- Bank_Act_(Canada) wikiPageWikiLink Canada.
- Bank_Act_(Canada) wikiPageWikiLink Category:1871_in_Canadian_law.
- Bank_Act_(Canada) wikiPageWikiLink Category:1991_in_Canadian_law.
- Bank_Act_(Canada) wikiPageWikiLink Category:Banking_in_Canada.
- Bank_Act_(Canada) wikiPageWikiLink Category:Banking_legislation.
- Bank_Act_(Canada) wikiPageWikiLink Category:Canadian_federal_legislation.
- Bank_Act_(Canada) wikiPageWikiLink Category:Financial_regulation_in_Canada.
- Bank_Act_(Canada) wikiPageWikiLink Government.
- Bank_Act_(Canada) wikiPageWikiLink List_of_Acts_of_Parliament_of_Canada.
- Bank_Act_(Canada) wikiPageWikiLink List_of_banks_and_credit_unions_in_Canada.
- Bank_Act_(Canada) wikiPageWikiLink List_of_banks_in_Canada.
- Bank_Act_(Canada) wikiPageWikiLink Parliament_of_Canada.
- Bank_Act_(Canada) wikiPageWikiLink The_Canadian_Encyclopedia.
- Bank_Act_(Canada) wikiPageWikiLinkText "''Bank Act''".
- Bank_Act_(Canada) wikiPageWikiLinkText "Bank Act (Canada)".
- Bank_Act_(Canada) wikiPageWikiLinkText "Bank Act of Canada".
- Bank_Act_(Canada) wikiPageWikiLinkText "Bank Act".
- Bank_Act_(Canada) wikiPageWikiLinkText "Canada Banking Act".
- Bank_Act_(Canada) wikiPageWikiLinkText "Incorporation of Banks".
- Bank_Act_(Canada) wikiPageWikiLinkText "Schedule I bank".
- Bank_Act_(Canada) wikiPageWikiLinkText "banking power".
- Bank_Act_(Canada) citation FullText.html.
- Bank_Act_(Canada) dateAssented "1991-12-13".
- Bank_Act_(Canada) enactedBy Parliament_of_Canada.
- Bank_Act_(Canada) hasPhotoCollection Bank_Act_(Canada).
- Bank_Act_(Canada) longTitle "An Act respecting banks and banking".
- Bank_Act_(Canada) shortTitle "Bank Act".
- Bank_Act_(Canada) wikiPageUsesTemplate Template:Infobox_Legislation.
- Bank_Act_(Canada) subject Category:1871_in_Canadian_law.
- Bank_Act_(Canada) subject Category:1991_in_Canadian_law.
- Bank_Act_(Canada) subject Category:Banking_in_Canada.
- Bank_Act_(Canada) subject Category:Banking_legislation.
- Bank_Act_(Canada) subject Category:Canadian_federal_legislation.
- Bank_Act_(Canada) subject Category:Financial_regulation_in_Canada.
- Bank_Act_(Canada) hypernym Act.
- Bank_Act_(Canada) type Band.
- Bank_Act_(Canada) comment "The Bank Act (1991, c. 46) is an Act of the Government of Canada respecting banks and banking.The Bank Act was originally passed in 1871. The terms of the Act provide for a statutory review of the Act on a regular basis to ensure that legislators update the Act in order that it keep pace with developments in the financial system. Historically this was done on a decennial basis. In 1992 this requirement was changed to every five years.".
- Bank_Act_(Canada) label "Bank Act (Canada)".
- Bank_Act_(Canada) sameAs カナダ銀行法.
- Bank_Act_(Canada) sameAs m.06h0w_4.
- Bank_Act_(Canada) sameAs Q4855898.
- Bank_Act_(Canada) sameAs Q4855898.
- Bank_Act_(Canada) wasDerivedFrom Bank_Act_(Canada)?oldid=656278214.
- Bank_Act_(Canada) isPrimaryTopicOf Bank_Act_(Canada).