The European Communities (Electronic Money) Regulations 2011 govern the requirements for the taking up, pursuit, and prudential supervision of the business of electronic money institutions. These regulations apply to persons that may issue electronic money, electronic money institutions, credit unions, and other entities engaged in the issuance of electronic money. The regulations provide conditions for authorizations, including initial capital and own funds requirements. They also cover the use of distributors, agents, and outsourcing of functions.

The Income Tax Act is a legal document that governs the payment of income tax in Canada. It applies to persons resident in Canada and non-resident persons who earn income in Canada. The Act outlines the liability for tax, including the taxable income for taxpayers and the tax payable by non-resident persons. It also provides rules for the computation of income, including the determination of income from various sources and the inclusion of certain benefits and allowances.

The Bank of Canada Act establishes the Bank of Canada as Canada’s central bank. It outlines the powers and responsibilities of the Bank, including the regulation of credit and currency, control of the external value of the national monetary unit, and promotion of economic and financial welfare. The Act defines key terms such as authorized foreign bank, Bank, bank, Board, Deputy Governor, director, Governor, Minister, and notes. It also covers the constitution of the Bank, management of the Bank by the Board of Directors, appointment and qualifications of the Governor and Deputy Governor, establishment of branches and agencies, and the Bank’s powers and business activities.

The Canadian Payments Act establishes the Canadian Payments Association, which is responsible for the clearing and settlement of payments in Canada. The Act applies to various financial institutions, including banks, credit associations, insurance companies, and securities dealers. Its main purpose is to ensure the efficiency, safety, and soundness of payment systems and to promote the development of new payment methods. The Act does not specify any exemptions or penalties for non-compliance.

The Canada Deposit Insurance Corporation Act establishes the Canada Deposit Insurance Corporation (CDIC) and outlines its role in providing deposit insurance, promoting financial stability, and acting as the resolution authority for its members. The Act applies to member institutions, including banks, federal credit unions, provincial institutions, and local cooperative credit societies. It exempts certain deposits and does not specify penalties for non-compliance.

The Criminal Code is a comprehensive legal document that governs criminal law in Canada. It applies to all individuals and entities involved in criminal proceedings, including law enforcement agencies, prosecutors, judges, offenders, and victims. The Code sets out definitions of various criminal offences, procedures for investigation and prosecution, rules of evidence, and sentencing provisions. It also establishes penalties for different offences, including imprisonment, fines, probation, and other forms of punishment. The Criminal Code plays a crucial role in maintaining law and order, protecting the rights of individuals, and ensuring justice is served in criminal cases.

The Excise Tax Act is a legal document that governs excise taxes in Canada. It applies to all persons involved in excise taxes and related activities. The document does not specify any exemptions. However, it does not provide information about penalties for non-compliance. The Act includes provisions for the imposition and collection of excise taxes on various goods and services, such as cosmetics, jewellery, radios, and more. It also outlines definitions and interpretations of key terms, as well as procedures for filing returns and remitting taxes.

The Statistics Act is a Canadian legislation that regulates the collection, compilation, analysis, abstraction, and publication of statistical information. It applies to the Chief Statistician of Canada, departments of government, respondents, and any person employed or deemed to be employed under the Act. The Act establishes Statistics Canada as the statistics bureau responsible for collecting, compiling, analyzing, abstracting, and publishing statistical information. It also outlines the duties and responsibilities of the Chief Statistician, including deciding methods and procedures for statistical programs, advising on statistical programs of government departments, and controlling the operations and staff of Statistics Canada.

This legal document incorporates Continental Bank of Canada as a corporation and outlines its incorporation and organization. It also establishes the relationship between the Bank and IAC Limited, addresses restrictions on lending, and provides for the amalgamation of the Bank with IAC Limited. The document further covers the application of the Bank Act to IAC Limited, the issue of shares by IAC Limited, and certain investments. It also sets out the permitted activities and restrictions for IAC Limited pending amalgamation.

The Financial Institutions Depositors Compensation Act is an Act that provides compensation to depositors of Canadian Commercial Bank, CCB Mortgage Investment Corporation, and Northland Bank for uninsured deposits. The Act defines various terms such as ‘deposit’ and ‘depositor’ and includes provisions for payments to depositors and liquidators. Depositors can apply for payment of their deposits, subject to certain conditions, and the Minister of Finance has the authority to make payments. The Act also addresses deposits subject to security interests and provides for court determinations in case of doubt or controversy.