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Brief
Here is a brief summary of the document in 90 words: The Civil Remedies (Trust and Loan Companies) Regulations are made under the Trust and Loan Companies Act. The regulations establish civil remedies for trust and loan companies, including a percentage of voting rights (10%) and prescribed circumstances for insider trading. The regulations also define take-over bids across various Canadian jurisdictions, as listed in the schedule. These regulations come into force on registration.
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