Insurance Companies Act

Marginal note:Variations

• 586 (1) In respect of an order made under subsection 574(1) in respect of a foreign company, the Superintendent may at any time, by further order,

  • (a) specify additional classes of insurance risks that the foreign company is authorized to insure;

  • (b) make the order subject to conditions or limitations that are consistent with this Act and that are considered appropriate by the Superintendent; or

  • (c) amend or revoke any authorization contained in the order or any condition or limitation to which the order is subject.

• Marginal note:Representations

  (2) Before making any such further order, the Superintendent must give the foreign company an opportunity to make representations regarding that further order.

• (3) to (6) [Repealed, 1996, c. 6, s. 85]