Insurance Companies Act
Version of section 542.04 from 2007-04-20 to 2024-10-30:
Marginal note:Regulations
542.04 (1) The Governor in Council may make regulations limiting the extent to which a society may cause itself to be reinsured against risks undertaken under its policies.
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
- 2007, c. 6, s. 249
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