The Tender For Law

Volume 5

Jan 09, 2014 5:10 AM

Steve Lemieux

It would seem THEY do know of such a thing as "SET OFF"...

"5. (1) Where a depositor has applied for a payment under this Act and..."

"...(b) a right of set-off could be asserted by the depositor or the liquidator in respect of the deposit and the obligation,..."

This document COULD be interesting to certain folks.