4.27. Definitions for Section 4D

In this Section:

entity concerned means any of the following entities:

(a)        a Bank;

(b)        any other financial or insurance entity;

(c)        an entity over which a Bank exercises control.

significant investment, by a Bank in an entity concerned, means an investment of 10% or more in the common shares, or other instruments that qualify as capital, of the entity concerned.

investment includes a direct, indirect and synthetic holding of capital instruments.