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Insurance Companies Act

Version of section 542.04 from 2003-01-01 to 2007-04-19:


Marginal note:Regulations

  •  (1) The Governor in Council may make regulations limiting the extent to which a society may cause itself to be reinsured against risks undertaken by it.

  • Marginal note:Regulation may delegate to Superintendent

    (2) A regulation made under subsection (1) may provide that the Superintendent may, by order, determine the matters or exercise the discretion that the regulation specifies.

  • 1997, c. 15, s. 285

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