Vol. 145, No. 8 — April 13, 2011

Registration

SI/2011-28 April 13, 2011

AN ACT TO AMEND THE LAW GOVERNING FINANCIAL INSTITUTIONS AND TO PROVIDE FOR RELATED AND CONSEQUENTIAL MATTERS

ARCHIVED — Order Fixing November 1, 2011 as the Day on which Certain Provisions of An Act to Amend the Law Governing Financial Institutions and to Provide for Related and Consequential Matters Come into Force

P.C. 2011-507 March 25, 2011

His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to section 452 of An Act to amend the law governing financial institutions and to provide for related and consequential matters, chapter 6 of the Statutes of Canada, 2007, hereby fixes November 1, 2011, as the day on which sections 31, 33, 85, 89, 91, 165, 167, 363 and 365 of that Act come into force.

EXPLANATORY NOTE

(This note is not part of the Order.)

The Order fixes November 1, 2011, as the day on which certain provisions of An Act to amend the law governing financial institutions and to provide for related and consequential matters come into force. Those provisions amend certain Acts governing federal financial institutions. They strengthen consumer protection by providing key information on certain financial products provided by banks, trust and loan companies and cooperative credit associations, such as registered retirement savings plans and deposit type instruments. Consumers will be provided with essential information to assist them in managing their financial products.