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I-13.2.2 - Deposit Institutions and Deposit Protection Act
Section 32.12
Disposition versions
32.12. Despite section 32.11,
(1) the Attorney General, the Minister or the Authority may use the information made confidential by that section as evidence;
(2) the authorized deposit institution concerned may, in accordance with the regulation made by the Minister, use that information as evidence in any proceedings concerning the administration or enforcement of this Act or, in the case of a Québec savings company, the Business Corporations Act (chapter S-31.1), that are brought by the deposit institution concerned, the Minister, the Authority or the Attorney General; and
(3) anyone who may be compelled to testify or to produce a document relating to that information in any proceedings regarding the application of this Act or any other Act administered by the Authority to an authorized deposit institution or of the Business Corporations Act may use that information provided the proceedings are brought by the deposit institution concerned, the Attorney General, the Minister or the Authority.
32.12. Despite section 32.11,
(1) the Attorney General, the Minister or the Authority may use the information made confidential by that section as evidence;
(2) the authorized deposit institution concerned may, in accordance with the regulation made by the Minister, use that information as evidence in any proceedings concerning the administration or enforcement of this Act or, in the case of a Québec savings company, the Business Corporations Act (chapter S-31.1), that are brought by the deposit institution concerned, the Minister, the Authority or the Attorney General; and
(3) anyone who may be compelled to testify or to produce a document relating to that information in any proceedings regarding the application of this Act or any other Act administered by the Authority to an authorized deposit institution or of the Business Corporations Act to a Québec savings company may use that information provided the proceedings are brought by the deposit institution concerned, the Attorney General, the Minister or the Authority.
