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Newfoundland Regulation 2001
Union Regulations (Amendment)
Under the authority of section 243 of the Credit Union Act, I make the following regulations.
1. Section 43 of the Credit Union Regulations is repealed and the following substituted:
43. (1) The maximum amount that may be paid by the guarantee corporation in respect of deposits of a member shall be $250,000. per deposit of that member.
(2) For the purpose of this section, a deposit is
a deposit as defined in the Schedule to the Canada
Deposit Insurance Corporation Act (
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