C-67.3 - Act respecting financial services cooperatives

Section 556 Disposition versions

2018-07-13

556. The Authority may, on the Authority’s own initiative, conduct or commission any examination and any investigation the Authority considers expedient for the purposes of this Act, into the internal affairs and the activities of any financial services cooperative, issuing corporation referred to in section 475 or holding company of which the cooperative is the holder of control.

In addition, the Authority may order the person in charge of inspections in a federation to conduct such examinations and investigations into the internal affairs and the activities of credit unions as the Authority considers expedient.

2000, c. 29, s. 556; 2002, c. 45, s. 328; 2004, c. 37, s. 90; 2016, c. 7, s. 219; 2018, c. 23, s. 316.

2016-05-18

556. The Authority may, on the Authority’s own initiative, conduct or commission any examination and any investigation the Authority considers expedient for the purposes of this Act, into the internal affairs and the activities of any financial services cooperative, legal person referred to in the first paragraph of section 480 or holding company controlled by the cooperative.

In addition, the Authority may order the person in charge of inspections in a federation to conduct such examinations and investigations into the internal affairs and the activities of credit unions as the Authority considers expedient.

2000, c. 29, s. 556; 2002, c. 45, s. 328; 2004, c. 37, s. 90; 2016, c. 7, s. 219.

2004-12-17

556. The Authority may, on the Authority’s own initiative, conduct or commission any examination and any investigation the Authority considers expedient for the purposes of this Act, into the internal affairs and the activities of any financial services cooperative, legal person referred to in the first paragraph of section 480 or holding company controlled by the cooperative.

In addition, the Authority may order the person in charge of audits or the person in charge of inspections in a federation to conduct such examinations and investigations into the internal affairs and the activities of credit unions as the Authority considers expedient.

2000, c. 29, s. 556; 2002, c. 45, s. 328; 2004, c. 37, s. 90.

2004-02-01

556. The Agency may, on the Agency’s own initiative, conduct or commission any examination and any investigation the Agency considers expedient for the purposes of this Act, into the internal affairs and the activities of any financial services cooperative, legal person referred to in the first paragraph of section 480 or holding company controlled by the cooperative.

In addition, the Agency may order the person in charge of audits or the person in charge of inspections in a federation to conduct such examinations and investigations into the internal affairs and the activities of credit unions as the Agency considers expedient.

2000, c. 29, s. 556; 2002, c. 45, s. 328.

2001-07-01

556. The Inspector General may, on his or her own initiative, conduct or commission any examination and any investigation the Inspector General considers expedient for the purposes of this Act, into the internal affairs and the activities of any financial services cooperative, legal person referred to in the first paragraph of section 480 or holding company controlled by the cooperative.

In addition, the Inspector General may order the person in charge of audits or the person in charge of inspections in a federation to conduct such examinations and investigations into the internal affairs and the activities of credit unions as the Inspector General considers expedient.

2000, c. 29, s. 556.