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Bank Act ( 1991, c. 46 )
Disclaimer: These documents are not the official versions (more).
Act current to October 30th, 2007
Attention: See coming into force provision and notes, where applicable.
 
Table of contents
  1. Bank Act
    1. SHORT TITLE
    2. PART I : INTERPRETATION AND APPLICATION
      1. Definitions
      2. Interpretation
      3. Application
    4. PART II : STATUS AND POWERS
    5. PART III : INCORPORATION AND CONTINUANCE
      1. Formalities of Incorporation
      2. Continuance
      3. Discontinuance
      4. Corporate Name
    7. PART IV : ORGANIZATION AND COMMENCEMENT
      1. Organization Meetings
      2. Commencement and Carrying on of Business
    9. PART V : CAPITAL STRUCTURE
      1. Share Capital
      2. Subordinated Indebtedness
      3. Security Certificates and Transfers
    11. PART VI : CORPORATE GOVERNANCE
      1. Shareholders
      2. Proxies
      3. Restrictions on Voting
      4. Directors and Officers
      5. Fundamental Changes
      6. Corporate Records
      7. Financial Statements and Auditors
    13. PART VII : OWNERSHIP
      1. Division I : Definitions And Interpretation
      2. Division II : Ownership Of Banks
      3. Division V : Directions
    15. PART VIII : BUSINESS AND POWERS
      1. General Business
      2. Miscellaneous
    17. PART IX : INVESTMENTS
      1. Definitions and Application
      2. General Constraints on Investments
      3. Subsidiaries and Equity Investments
      4. Exceptions and Exclusions
      5. Portfolio Limits
      6. Real Property
      7. Equities
      8. Aggregate Limit
      9. Miscellaneous
    19. PART X : ADEQUACY OF CAPITAL AND LIQUIDITY
    20. PART XI : SELF-DEALING
      1. Interpretation and Application
      2. Prohibited Related Party Transactions
      3. Permitted Related Party Transactions
      4. Restrictions on Permitted Transactions
      5. Disclosure
      6. Remedial Actions
    22. PART XII : FOREIGN BANKS
      1. Division 1 : Interpretation And Application
      2. Division 2 : General Prohibitions And Exceptions
      3. Division 3 : No Financial Establishment In Canada
      4. Division 4 : Financial Establishment In Canada
      5. Division 5 : Designation And Approvals
      6. Division 6 : Administration
      7. Division 7 : Non-Application Of Investment Canada Act
      8. Division 8 : Transitional
    24. PART XII.1 : AUTHORIZED FOREIGN BANKS
      1. Application
      2. Formalities of Authorization
      3. Commencement and Carrying on of Business in Canada
      4. Principal Office and Principal Officer
      5. Transfer of Liabilities
      6. Business and Powers
      7. Deposit Acceptance
      8. Unclaimed Balances
      9. Accounts
      10. Borrowing Costs
      11. Complaints
      12. Miscellaneous
      13. Deposit Requirements
      14. Financial Year
      15. Auditors
      16. Records
      17. Termination of Business in Canada
      18. Supervision
      19. Remedial Powers
    26. PART XIII : REGULATION OF BANKS — SUPERINTENDENT
      1. Supervision
      2. Remedial Powers
    28. PART XIV : REGULATION OF BANKS — COMMISSIONER
    29. PART XV : BANK HOLDING COMPANIES
      1. Purpose
      2. Division 1 : Interpretation
      3. Division 2 : Status And Powers
      4. Division 3 : Incorporation And Continuance
      5. Division 4 : Organization And Commencement
      6. Division 5 : Capital Structure
      7. Division 6 : Corporate Governance
      8. Division 7 : Ownership
      9. Division 8 : Business And Powers
      10. Division 9 : Investments
      11. Division 10 : Adequacy Of Capital And Liquidity
      12. Division 11 : Regulation Of Bank Holding Companies
    31. PART XVI : ADMINISTRATION
      1. Notices and Other Documents
      2. Approvals
      3. Short-term Exemption Order
      4. Orders and Directives
      5. Applications to Superintendent
      6. Applications for Certain Approvals
      7. Appeals
      8. Regulations
      9. Delegation
    33. PART XVII : SANCTIONS
    34. SCHEDULE I : As at December 31, 2006
    35. SCHEDULE II : As at December 31, 2006
    36. SCHEDULE III : As at December 31, 2006

Related Information
  1. Amendments not in Force
  2. Related Provisions

Related Regulations
  1. Access to Basic Banking Services Regulations
  2. Affiliated Persons (Banks) Regulations
  3. Aggregate Financial Exposure (Banks) Regulations
  4. Agricultural Product Priority Claim (Banks) Regulations
  5. Bank Holding Company Proposal Regulations
  6. Cheque Holding Policy Disclosure (Banks) Regulations
  7. Civil Remedies (Banks and Bank Holding Companies) Regulations
  8. Complaint Information (Authorized Foreign Banks) Regulations
  9. Complaint Information (Banks) Regulations
  10. Cost of Borrowing (Authorized Foreign Banks) Regulations
  11. Cost of Borrowing (Banks) Regulations
  12. Disclosure of Charges (Authorized Foreign Banks) Regulations
  13. Disclosure of Charges (Banks) Regulations
  14. Disclosure of Interest (Authorized Foreign Banks) Regulations
  15. Disclosure of Interest (Banks) Regulations
  16. Disclosure on Account Opening by Telephone Request (Authorized Foreign Banks) Regulations
  17. Disclosure on Account Opening by Telephone Request (Banks) Regulations
  18. Distributing Bank and Distributing Bank Holding Company Regulations
  19. Entity Associated with a Foreign Bank Regulations
  20. Entity Member of Group Regulations
  21. Equity of a Bank or a Bank Holding Company Regulations
  22. Exchange Rate (Authorized Foreign Banks) Regulations
  23. Exempt Classes of Foreign Banks Regulations
  24. Exempt Debt Obligation Transactions (Banks and Bank Holding Companies) Regulations
  25. Exemption from Approval for Certain Investments in Intragroup Service Entities (Bank Act) Regulations
  26. Exemption from Restrictions on Investments (Banks, Bank Holding Companies and Foreign Banks) Regulations
  27. Factoring Entity Regulations
  28. Finance Entity Regulations
  29. Financial Leasing Entity Regulations
  30. Foreign Bank Representative Offices Regulations
  31. Form of Proxy (Banks and Bank Holding Companies) Regulations
  32. Going-Private Transaction (Banks and Bank Holding Companies) Regulations
  33. Guidelines Respecting Control in Fact for the Purpose of Subsection 377(1) of the Bank Act
  34. Index-linked Deposits Interest Disclosure Regulations
  35. Information Processing Activities (Banks and Authorized Foreign Banks) Regulations
  36. Information Technology Activities (Authorized Foreign Banks) Regulations
  37. Information Technology Activities (Bank Holding Companies) Regulations
  38. Information Technology Activities (Banks) Regulations
  39. Information Technology Activities (Foreign Banks) Regulations
  40. Insider Reports (Banks and Bank Holding Companies) Regulations
  41. Insider Reports Exemptions (Banks) Regulations [Repealed]
  42. Insider Reports Regulations [Repealed]
  43. Insurance Business (Authorized Foreign Banks) Regulations
  44. Insurance Business (Banks and Bank Holding Companies) Regulations
  45. Investment Limits (Bank Holding Companies) Regulations
  46. Investment Limits (Banks) Regulations
  47. Manner of Calculation (Foreign Banks) Regulations
  48. Material Percentage Regulations
  49. Meetings and Proposals (Banks and Bank Holding Companies) Regulations
  50. Minority Investment (Bank Holding Companies) Regulations
  51. Minority Investment (Banks) Regulations
  52. Name Use (Affiliates of Banks, or Bank Holding Companies, that Are Not Widely Held) Regulations
  53. Name Use (Foreign Banks) Regulations
  54. Name Use by Non-financial Businesses (Excluded Entities) Regulations
  55. Name Use in Securities-related Transactions (Banks and Bank Holding Companies) Regulations
  56. Notice of Branch Closure (Banks) Regulations
  57. Notices of Deposit Restrictions (Authorized Foreign Banks) Regulations
  58. Notices of Uninsured Deposits Regulations
  59. Prescribed Deposits (Authorized Foreign Banks) Regulations
  60. Prescribed Deposits (Banks without Deposit Insurance) Regulations
  61. Prohibited Activities Respecting Real Property (Foreign Banks) Regulations
  62. Prospectus (Banks and Bank Holding Companies) Regulations [Repealed]
  63. Prospectus (Banks and Bank Holding Companies) Regulations
  64. Prospectus Exemptions (Bank Holding Companies) Regulations [Repealed]
  65. Prospectus Exemptions (Banks) Regulations [Repealed]
  66. Protection of Assets (Banks) Regulations
  67. Public Accountability Statements (Banks, Insurance Companies, Trust and Loan Companies) Regulations
  68. Public Inquiry (Authorized Foreign Banks) Rules
  69. Registration of Bank Special Security Regulations
  70. Regulatory Capital (Bank Holding Companies) Regulations
  71. Regulatory Capital (Banks) Regulations
  72. Related Party Transactions (Banks) Regulations
  73. Resident Canadian (Banks) Regulations
  74. Rules Governing Proceedings at Public Inquiries into Objections (Banks)
  75. Sales or Trades (Authorized Foreign Banks) Regulations
  76. Securities Dealing Restrictions (Authorized Foreign Banks) Regulations
  77. Securities Dealing Restrictions (Banks) Regulations
  78. Security Certificate Transfer Fee (Banks, Bank Holding Companies, Insurance Companies and Insurance Holding Companies) Regulations
  79. Shared Premises Regulations (Banks)
  80. Specialized Financing (Bank Holding Companies) Regulations
  81. Specialized Financing (Banks) Regulations
  82. Specialized Financing (Foreign Banks) Regulations
  83. Subsidiaries Holding Bank Shares (Banks) Regulations
  84. Subsidiaries that Hold Bank Holding Company Shares Regulations
  85. Supervisory Information (Authorized Foreign Banks) Regulations
  86. Supervisory Information (Bank Holding Companies) Regulations
  87. Supervisory Information (Banks) Regulations
  88. Support Orders and Support Provisions (Banks and Authorized Foreign Banks) Regulations
  89. Total Assets for Supervisability and Public Holding Requirements (Banks and Bank Holding Companies) Regulations

Last updated: 2007-11-02
Last updated: 2007-11-02
Last updated: 2007-11-02
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