965.9.7. Section 965.9.4 does not apply where the issuing corporation is(a) a bank;
(b) a body governed by the Insurance Companies Act (Statutes of Canada, 1991, chapter 47) or by the Act respecting insurance (chapter A-32); (c) a corporation holding a licence or otherwise authorized by the laws of Canada or of a province to offer its services there as a trustee;
(d) a corporation whose principal business is the lending of money or the purchasing of debts; or
(e) a corporation referred to in section 965.11.7.1.