ARCHIVED — Exemption for Public Notices or Documents (Insurance Companies and Insurance Holding Companies) Regulations

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Vol. 144, No. 23 — November 10, 2010

Registration

SOR/2010-236 October 28, 2010

INSURANCE COMPANIES ACT

P.C. 2010-1333 October 28, 2010

His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to subsection 1021(1) (see footnote a) and section 1047 (see footnote b) of the Insurance Companies Act (see footnote c), hereby makes the annexed Exemption for Public Notices or Documents Regulations (Insurance Companies and Insurance Holding Companies) Regulations.

EXEMPTION FOR PUBLIC NOTICES OR DOCUMENTS (INSURANCE COMPANIES AND INSURANCE HOLDING COMPANIES) REGULATIONS

INTERPRETATION

1. In these Regulations, “Act” means the Insurance Companies Act.

EXEMPTION CIRCUMSTANCES

2. For the purpose of section 1047 of the Act, the prescribed circumstances are that the exemption does not prejudice any of the shareholders or policyholders entitled to vote or the public interest.

COMING INTO FORCE

3. These Regulations come into force on June 1, 2011.

N.B. The Regulatory Impact Analysis Statement for these Regulations appears following SOR/2010-230, Annual Statement (Banks and Bank Holding Companies) Regulations.

Footnote a
S.C. 2005, c. 54, s. 364

Footnote b
S.C. 2005, c. 54, s. 367

Footnote c
S.C. 1991, c. 47