Security Certificate Transfer Fee (Cooperative Credit Associations) Regulations

The Security Certificate Transfer Fee (Cooperative Credit Associations) Regulations were created under the Cooperative Credit Associations Act, as recommended by the Minister of Finance. The regulations came into effect on June 1, 1992, with the goal of establishing a maximum fee that associations may charge for security certificates issued in respect of transfers. This regulatory framework aims to provide clarity and consistency for credit unions and their members regarding transfer fees for security certificates.