What is the definition of cash?

For the purposes of By-Law 9, "cash" means

  • Current coin within the meaning of the Currency Act (Canada);

  • Notes intended for circulation in Canada issued by the Bank of Canada pursuant to the Bank of Canada Act; and

  • Current coin or bank notes of countries other than Canada.

Bank drafts, money orders, electronic, or wire transfers of funds are not considered cash for purposes of the By-Law.

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