Credit Union Minimum Level of Capital Regulation

B.C. Reg. 107/92
O.C. 507/92

Deposited April 2, 1992

This consolidation is current to October 1, 2024.

Financial Institutions Act

[Last amended August 1, 2021 by B.C. Reg. 208/2021]

1 In this regulation "Act" means the Financial Institutions Act.

2 For the purpose of section 277 (2) (d) of the Act, the amount prescribed is 5% of the calculated value of the credit union's risk weighted assets.

[am. B.C. Regs. 597/2004, Sch. s. 1; 208/2021, App. 5, s. 2.]

[Provisions relevant to the enactment of this regulation: Financial Institutions Act, R.S.B.C. 1996, c. 141, ss. 277 (2) (d) and 289.]