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O. Reg. 117/22: GENERAL

filed February 28, 2022 under Commodity Futures Act, R.S.O. 1990, c. C.20

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ontario regulation 117/22

made under the

Commodity Futures Act

Made: February 24, 2022
Filed: February 28, 2022
Published on e-Laws: February 28, 2022
Printed in The Ontario Gazette: March 19, 2022

Amending Reg. 90 of R.R.O. 1990

(GENERAL)

1. (1) Clause (c) of the definition of “deposit institution” in subsection 7 (1) of Regulation 90 of the Revised Regulations of Ontario, 1990 is revoked and the following substituted:

(c)  a credit union or central within the meaning of the Credit Unions and Caisses Populaires Act, 2020; and

(2) Clause (d) of the definition of “financial institution” in subsection 7 (1) of the Regulation is amended by striking out “credit union league” and substituting “central”.

2. Clause 35 (3) (b) of the Regulation is amended by striking out “Credit Unions and Caisses Populaires Act, 1994” and substituting “Credit Unions and Caisses Populaires Act, 2020”.

Commencement

3. This Regulation comes into force on the later of the day section 1 of Schedule 7 (Credit Unions and Caisses Populaires Act, 2020) to the Protect, Support and Recover from COVID-19 Act (Budget Measures), 2020 comes into force and the day this Regulation is filed.