ARCHIVED — Annual Statement (Trust and Loan Companies) Regulations

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Vol. 144, No. 23 — November 10, 2010

Registration

SOR/2010-232 October 28, 2010

TRUST AND LOAN COMPANIES ACT

P.C. 2010-1329 October 28, 2010

His Excellency the Governor General in Council, on the recommendation of the Minister of Finance pursuant to subsections 313(2) (see footnote a) and 531(1) (see footnote b) of the Trust and Loan Companies Act (see footnote c), hereby makes the annexed Annual Statement (Trust and Loan Companies) Regulations.

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 June 1, 2011.

N.B. The Regulatory Impact Analysis Statement for these Regulations appears following SOR/2010-230, Annual Statement (Banks and Bank Holding Companies) Regulations.

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