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.