2In this Regulation
“Act” means the Credit Unions Act;(Loi)
“commercial loan” means a loan made to an individual, a partnership, co-operative, corporation or any other organized body in respect of the development, production and sale of goods or services, or the sale of goods and services, where the loan is secured by the assets of the business or where repayment of the loan is primarily dependant on the cash flow generated by the business, or both, and includes a loan made in respect of forestry, farming or fishing and a commercial line of credit loan;(prêt commercial)
“residential property” means real property, the primary use of which is residential, consisting of a building that is used, or is to be used, as no more than three private dwellings at least one of which is, or is to be, occupied by an owner of the real property.(bien résidentiel)