C-4.1 - Savings and Credit Unions Act

Full text
430. In determining whether the general reserve and liquid assets of a federation are adequate, the Inspector General shall exclude from it all or part of any credit extended or of any investment made by a federation contrary to this Act, except if the credit or investment was extended or made before 15 March 1989 and as long as it is recognized as an asset by the Inspector General on the conditions he determines.
1988, c. 64, s. 430.