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O. Reg. 128/08: INVESTMENT AND LENDING ACTIVITIES - FIRE MUTUALS GUARANTEE FUND

filed May 2, 2008 under Insurance Act, R.S.O. 1990, c. I.8

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ONTARIO REGULATION 128/08

made under the

INSURANCE ACT

Made: April 30, 2008
Filed: May 2, 2008
Published on e-Laws: May 5, 2008
Printed in The Ontario Gazette: May 17, 2008

INVESTMENT AND LENDING ACTIVITIES — FIRE MUTUALS GUARANTEE FUND

Old investment rules apply

1. The assets of the Fire Mutuals Guarantee Fund shall be invested in the same manner and subject to the same limitations that apply to a joint stock insurance company, other than a company licensed to transact the business of life insurance, under the provisions of the Acts and the regulations that are the old investment rules for the purposes of section 431.1 of the Act.

Commencement

2. This Regulation comes into force on the day subsection 6 (3) of Schedule O to the Budget Measures Act, 2006 (No. 2) comes into force.

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