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Insurance Companies Act

Version of section 596 from 2007-04-20 to 2024-10-30:


Marginal note:Regulations

  •  (1) The Governor in Council may make regulations limiting the extent to which foreign companies may cause themselves to be reinsured against risks undertaken under their policies.

  • Marginal note:Regulation may provide for discretion

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

  • 1991, c. 47, s. 596
  • 2007, c. 6, s. 277

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