A-10 - Travel Agents Act

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15. No chartered bank of Canada or other institution authorized by law to receive deposits that is the depositary of a trust account of a travel agent in whose respect the licence issued on account or on behalf of the travel agent has been cancelled, suspended or not renewed or the administration of whose current business has been temporarily conferred on a provisional administrator, may, after a notice to that effect is served by the provisional administrator, effect any withdrawal or payment on the said trust account, except with the written authorization of the provisional administrator.
1974, c. 53, s. 15; 1997, c. 43, s. 22; 1999, c. 40, s. 11; 2002, c. 55, s. 17.
15. No chartered bank of Canada or other institution authorized by law to receive deposits that is the depositary of a trust account of a licensee whose licence has been cancelled, suspended or not renewed or the administration of whose current business has been temporarily conferred on a provisional administrator, shall, after notice served to that effect by the provisional administrator referred to in section 13 or in section 14, as the case may be, effect any withdrawal or payment on the said trust account, except with the written authorization of the provisional administrator.
1974, c. 53, s. 15; 1997, c. 43, s. 22; 1999, c. 40, s. 11.
15. No chartered bank of Canada or other institution authorized by law to receive deposits that is the depositary of a trust account of a licensee whose licence has been cancelled, suspended or not renewed or the administration of whose current business has been temporarily conferred on a trustee, shall, after notice served to that effect by the trustee referred to in section 13 or in section 14, as the case may be, effect any withdrawal or payment on the said trust account, except with the written authorization of the trustee.
1974, c. 53, s. 15; 1997, c. 43, s. 22.
15. No chartered bank of Canada or other institution authorized by law to receive deposits that is the depositary of a trust account of a licensee whose licence has been cancelled, suspended or not renewed, shall, after notice served to that effect by the trustee contemplated in section 14, effect any withdrawal or payment on the said trust account, except with the written authorization of the trustee.
1974, c. 53, s. 15.