Marginal note:Control not required

4. Subsection 971(4) of the Act does not apply to an insurance holding company’s acquisition or increase of a substantial investment in an entity, in accordance with these Regulations, by way of an investment of a specialized financing entity of the insurance holding company.

Marginal note:Approvals not required — general

5. Subsections 971(5) and (6) of the Act do not apply to an insurance holding company’s acquisition of control of, or acquisition or increase of a substantial investment in, an entity, in accordance with these Regulations, by way of an investment of a specialized financing entity of the insurance holding company.

Marginal note:Coming into force

6. These Regulations come into force on the day on which they are registered.