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I-13.2.2, r. 1 - Regulation respecting the application of the Deposit Institutions and Deposit Protection Act
Section 25
Disposition versions
25. The premium payable by an authorized deposit institution or a bank for the accounting period for premiums during which its deposits of money become guaranteed is equal to a fraction of 1/20 of 1% of the aggregate deposits held on the last day of the month during which its deposits became guaranteed, established on the basis of the number of days in such accounting period for premiums during which the guarantee is in force, divided by 365.
25. The premium payable by an authorized deposit institution or a bank for the accounting period for premiums during which its deposits of money become guaranteed is equal to a fraction of 1/25 of 1% of the aggregate deposits held on the last day of the month during which its deposits became guaranteed, established on the basis of the number of days in such accounting period for premiums during which the guarantee is in force, divided by 365.
25. The premium payable by a registered institution or a bank for the accounting period for premiums during which its deposits become guaranteed is equal to a fraction of 1/25 of 1% of the aggregate deposits held on the last day of the month during which its deposits became guaranteed, established on the basis of the number of days in such accounting period for premiums during which the guarantee is in force, divided by 365.
