1In this Act
“articles” means the original or restated articles of incorporation, articles of continuance, articles of amendment, articles of amalgamation, articles of reorganization, articles of dissolution, articles of revival and any amendments to them, and includes an Act under which a body corporate has been incorporated and any amendments to the Act, letters patent, supplementary letters patent, a certificate of incorporation, a memorandum of association and any other document evidencing corporate existence;(statuts)
“Atlantic Central” means Atlantic Central continued under the Credit Union Act (Nova Scotia); (Atlantic Central)
“body corporate” includes a credit union or other body corporate wherever or however incorporated; (corps constitué)
“bond of association” means a characteristic common to all members of a credit union which leads them to join together in a credit union;(lien d’association)
“charter by-law” means a by-law of Atlantic Central that requires the approval of the Superintendent of Credit Unions of Nova Scotia appointed under the Credit Union Act (Nova Scotia);(règlement administratif homologué)
“Commission” means the Financial and Consumer Services Commission continued under the Financial and Consumer Services Commission Act;(Commission)
“Corporation” means the New Brunswick Credit Union Deposit Insurance Corporation established under section 215;(Société)
“Court” means The Court of Queen’s Bench of New Brunswick;(Cour)
“credit union” means a body corporate incorporated or continued as a credit union under this Act and includes a caisse populaire;(caisse populaire)
“delegate” means a person appointed or elected, in accordance with the charter by-laws of Atlantic Central, to represent a credit union that is member of Atlantic Central at Atlantic Central’s meetings;(délégataire)
“equity” means, in relation to a credit union,
(avoir des membres)
(a)
the value of the consideration paid for membership shares and any other shares issued by the credit union that are not redeemable within one year,
(b)
the book value of any surplus shares issued by the credit union, and
(c)
the retained earnings of the credit union,
unless the credit union has an accumulated deficit, in which case it means the amounts determined under paragraphs (a) and (b) minus the accumulated deficit;
“federation” Repealed: 2016, c.10, s.1
“Fédération des caisses populaires acadiennes” Repealed: 2016, c.10, s.1
“investigator” means a person appointed as an investigator under section 277.2;(enquêteur)
“Minister” means the Minister of Finance and Treasury Board and includes any person designated by the Minister to act on the Minister’s behalf;(Ministre)
“ordinary resolution” means a resolution passed by a majority of the votes cast by the persons who voted in respect of that resolution;(résolution ordinaire)
“patronage refund” means an amount that under this Act is allocated among and credited or paid by a credit union to its members, based on the business that has been done with it by each of those members;(ristourne)
“prescribed” means prescribed by the regulations or, if the context requires, by the rules made by the Commission under the Financial and Consumer Services Commission Act; (prescrit)
“regulated activity” means any activity governed by this Act or the regulations;(activité réglementée)
“representative” Repealed: 2016, c.10, s.1
“special resolution” means a resolution passed by a majority of not less than two-thirds of the votes cast by the persons who voted in respect of that resolution or signed by all the persons entitled to vote on that resolution;(résolution spéciale)
“stabilization board” means Brunswick Credit Union Stabilization Board Limited continued under subsection 194(2);(office de stabilisation)
“Superintendent” means the Superintendent of Credit Unions appointed under the Financial and Consumer Services Commission Act and includes any person designated by the Commission or the Superintendent to act on the Superintendent’s behalf;(surintendant)
“Tribunal” means the Tribunal established under the Financial and Consumer Services Commission Act.(Tribunal)
2006, c.16, s.49; 2010, c.36, s.1; 2012, c.39, s.57; 2013, c.31, s.13; 2016, c.10, s.1; 2016, c.36, s.4; 2016, c.37, s.41; 2019, c.29, s.38