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B.C. Reg. 269/97
O.C. 932/97
Deposited August 1, 1997
This consolidation is current to February 27, 2024.

Financial Institutions Act

Credit Union Central of British Columbia
Credit Card and Debit Card Deposits
Exemption Regulation


1   In this regulation:

"Act" means the Financial Institutions Act;

"Central" means Credit Union Central of British Columbia.

Exemption from section 82

2   Section 82 of the Act does not apply to Central in respect of Mastercard credit card and Mastercard debit card deposits received by Central from, or on behalf of, persons who are members of a credit union incorporated in British Columbia.

[Provisions of the Financial Institutions Act, R.S.B.C. 1996, c. 141, relevant to the enactment of this regulation: sections 289 (4) (o) and 82 (1) (i)]