ARCHIVED — Annual Statement (Trust and Loan Companies) Regulations

Warning This Web page has been archived on the Web.

Archived Content

Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please contact us to request a format other than those available.

Vol. 144, No. 19 — May 8, 2010

Statutory authority

Trust and Loan Companies Act

Sponsoring department

Department of Finance

REGULATORY IMPACT ANALYSIS STATEMENT

For the Regulatory Impact Analysis Statement, see the Annual Statement (Banks and Bank Holding Companies) Regulations.

PROPOSED REGULATORY TEXT

Notice is hereby given that the Governor in Council, pursuant to subsections 313(2) (see footnote a)and 531(1) (see footnote b) of the Trust and Loan Companies Act (see footnote c), proposes to make the annexed Annual Statement (Trust and Loan Companies) Regulations.

Interested persons may make representations concerning the proposed Regulations within 30 days after the date of publication of this notice. All such representations must cite the Canada Gazette, Part I, and the date of publication of this notice, and be addressed to Jane Pearse, Director, Financial Institutions Division, Department of Finance, Esplanade Laurier, 15th Floor, East Tower, 140 O’Connor Street, Ottawa, Ontario K1A 0G5 (tel.: 613-992-1631; fax.: 613-943-1334; e-mail: jane.pearse@fin.gc.ca).

Ottawa, April 29, 2010

JURICA ČAPKUN
Assistant Clerk of the Privy Council

ANNUAL STATEMENT (TRUST AND LOAN COMPANIES) REGULATIONS

CONTENTS OF ANNUAL STATEMENT

1. The prescribed statements referred to in subsection 313(2) of the Trust and Loan Companies Act are

(a) a balance sheet as at the end of the financial year;

(b) a statement of income for the financial year;

(c) a statement of cash flows for the financial year; and

(d) a statement of changes in shareholders’ equity for the financial year.

COMING INTO FORCE

2. These Regulations come into force on the day on which they are registered.

[19-1-o]

Footnote a
S.C. 2005, c. 54, s. 434

Footnote b
S.C. 2005, c. 54, s. 449

Footnote c
S.C. 1991, c. 45