A-32 - Act respecting insurance

Section 18 Disposition versions

2003-02-12

18. For the purposes of section 17, “total direct premium income” means,

(1)  in insurance of persons, the total direct premium income received from insured persons or members resident in Québec, less all participation in the profits or rebates paid to them;

(2)  in damage insurance, the total direct premium income received in respect of property situated in Québec, less all participation in the profits and related rebates.

1974, c. 70, s. 18; 1982, c. 52, s. 79; 2002, c. 70, s. 6.

1983-04-01

18. For the application of section 17, the words “premium or assessment income in Québec” mean,

(a)  in insurance of persons, the gross premium or assessment income from insured persons or members resident in Québec, less the participation in profits or refunds granted them;

(b)  in damage insurance, the gross premium or assessment income respecting property situated in Québec, less the participation in profits or refunds relating to them.

The certificate of the Inspector General issued to that effect shall be a discharge of the amount exigible under section 17.

1974, c. 70, s. 18; 1982, c. 52, s. 79.

1977-12-31

18. For the application of section 17, the words “premium or assessment income in Québec” mean,

(a)  in insurance of persons, the gross premium or assessment income from insured persons or members resident in Québec, less the participation in profits or refunds granted them;

(b)  in damage insurance, the gross premium or assessment income respecting property situated in Québec, less the participation in profits or refunds relating to them.

The certificate of the Minister issued to that effect shall be a discharge of the amount exigible under section 17.

1974, c. 70, s. 18.