Deposit Protection Act · s 60

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s 60Return on index-linked deposits

Any return referred to in section 56 or 59 in relation to a deposit held by a member institution shall be determined in accordance with regulations prescribed if a payment to be made by the member institution in respect of the deposit is to be determined, in whole or in part, by reference in any way to —

(a)

the market price of a security, commodity or financial instrument;

(b)

the exchange rate between any 2 currencies;

(c)

a reference rate determined by reference to any one or more of those prices or rates;

(d)

a reference rate determined by reference to any one or more non-financial events; or

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(e)

any other kind of variable index or reference point as may be specified by the Corporation.