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P-40.1, r. 3 - Regulation respecting the application of the Consumer Protection Act

Section 175
Disposition versions

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175. Where the merchant reserves for himself the selection of the kinds of investments to be made with the sums contained in the reserve account, the funds may be invested only by the trust company and only in the form of Treasury Bonds or bonds issued or guaranteed by the Government of Canada or a province or by a municipality, school service centre or school board in Canada, or in the form of deposit accounts or deposit certificates of a financial institution for a term not exceeding 5 years.
O.C. 1978-85, s. 15; O.C. 1150-89, s. 7; O.C. 816-2021, s. 78.
175. Where the merchant reserves for himself the selection of the kinds of investments to be made with the sums contained in the reserve account, the funds may be invested only by the trust company and only in the form of Treasury Bonds or bonds issued or guaranteed by the Government of Canada or a province or by a municipality or school board in Canada, or in the form of deposit accounts or deposit certificates of a financial institution for a term not exceeding 5 years.
O.C. 1978-85, s. 15; O.C. 1150-89, s. 7.
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