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C-67.3 - Act respecting financial services cooperatives

Section 593
Disposition versions

Full text
593. The amount exigible from a federation shall correspond to the sum of the following amounts:
(1)  a minimum amount fixed each year by the Government for each member credit union;
(2)  an amount corresponding to the product obtained by multiplying the sum of the average assets of all the credit unions at the end of the preceding year by the fraction corresponding to the sum of the average assets of all the member credit unions at the end of the same year over the sum of the average assets of all the credit unions at the end of the same year.
2000, c. 29, s. 593.
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