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isahttp://webisa.webdatacommons.org/
n5justice.gc.
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isa:331696215
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Subsection 464(3) of the Act is replaced by the following:Marginal note:When dividend not to be declared(3) The directors of a company shall not declare a dividend, bonus or other benefit to participating policyholders if there are reasonable grounds for believing that the company is, or the payment or other satisfaction would cause the company to be, in contravention of subsection 515(1), any reg
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n5:ca
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