I-5 - Highway Victims Indemnity Act

Section 45 Disposition versions

1978-03-01

45. The Fonds has the following powers:

(a)  replaced;

(b)  to pay, to the extent prescribed, the unsatisfied judgments awarding damages arising out of automobile accidents or the claims susceptible of giving rise to such judgments;

(c)  to obtain subrogation in the rights of any person indemnified;

(d)  to intervene in any action resulting from an automobile accident;

(e)  to indemnify the victims of automobile accidents when the author thereof is unknown;

(f)  to transact or compromise with claimants;

(g)  replaced;

(h)  replaced;

(i)  replaced.

R. S. 1964, c. 232, s. 49; 1977, c. 5, s. 14; 1977, c. 68, s. 203.

Paragraphs b, c, d, e and f of section 45 of this act remain in force, but only for the purposes of the second paragraph of section 201 of the Automobile Insurance Act (chapter A-25). (1977, c. 68, s. 203).

1977-12-31

45. The Fund has the following powers:

(a)  to acquire, rent and own such immoveables and moveables as are necessary for the carrying out of this act;

(b)  to pay, to the extent prescribed, the unsatisfied judgments awarding damages arising out of automobile accidents or the claims susceptible of giving rise to such judgments;

(c)  to obtain subrogation in the rights of any person indemnified;

(d)  to intervene in any action resulting from an automobile accident;

(e)  to indemnify the victims of automobile accidents when the author thereof is unknown;

(f)  to transact or compromise with claimants;

(g)  to formulate and render obligatory a plan for the assignment of automobile accident liability risks to distribute them among insurers;

(h)  to make with the Gouvernement du Québec or with banks any agreements conducive to the carrying out of this act;

(i)  to invest its available funds in such manner as its directors consider expedient.

R. S. 1964, c. 232, s. 49; 1977, c. 5, s. 14.

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Paragraphs b, c, d, e and f of section 45 of this act remain in force, but only for the purposes of the second paragraph of section 201 of the Automobile Insurance Act (chapter A-25). (1977, c. 68, s. 203).

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