O. Reg. 131/08: EXEMPTION FROM NEW INVESTMENT RULES
filed May 2, 2008 under Insurance Act, R.S.O. 1990, c. I.8
Skip to contentONTARIO REGULATION 131/08
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
EXEMPTION FROM NEW INVESTMENT RULES
Definitions
1. In this Regulation,
“new investment rules” has the meaning assigned by subsection 431.1 (1) of the Act; (“nouvelles règles de placement”)
“old investment rules” has the meaning assigned by subsection 431.1 (1) of the Act. (“anciennes règles de placement”)
Exemptions
2. (1) The TTC Insurance Company Limited is exempt from the application of the new investment rules, and the old investment rules shall continue to apply to it.
(2) Parts II.2 and XVII.1 of the Act do not apply to the TTC Insurance Company Limited.
Commencement
3. This Regulation comes into force on the latest of,
(a) the day it is filed;
(b) the day subsection 6 (6) of Schedule O to the Budget Measures Act, 2006 (No. 2) comes into force; and
(c) the day section 14 of Schedule O to the Budget Measures Act, 2006 (No. 2) comes into force.