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I-13.2.2, r. 1 - Regulation respecting the application of the Deposit Institutions and Deposit Protection Act
Section 9.2
Disposition versions
9.2. The rights of each beneficiary of the trust or each person whose property is administered in any deposit made in accordance with paragraph 2 of section 9 are deemed to be deposits of money and to be separate from each other.
9.2. For the purposes of executing the guarantees provided under sections 33.1 and 34 of the Act and calculating the premium payable under section 40.2.1 of the Act, the rights of each beneficiary of the trust or each person whose property is administered in any deposit made in accordance with paragraph 2 of section 9 are deemed to be deposits of money and to be separate from each other.
