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A-25 - Automobile Insurance Act

Section 152
Disposition versions

Full text
152. (Repealed).
1977, c. 68, s. 152; 1981, c. 7, s. 545; 1982, c. 59, s. 32; 1984, c. 47, s. 13; 1986, c. 28, s. 2; 1986, c. 91, s. 655; 1990, c. 19, s. 11; 1990, c. 83, s. 247; 1993, c. 57, s. 2; 1999, c. 22, s. 33; 2004, c. 34, s. 18.
152. The insurance contributions fixed by the Société under sections 151 to 151.3 and revalorized, where that is the case, in accordance with section 151.4 and the sums allocated, where such is the case, by the Government in accordance with section 648 of the Highway Safety Code (chapter C‐24.2) must be sufficient to allow the payment of all the indemnities resulting from accidents that have occurred during the period for which such insurance contributions are fixed and such amounts are appropriated and of all costs incurred for the administration of this Act, the Act respecting the Société de l’assurance automobile du Québec (chapter S‐11.011) and the Highway Safety Code.
The sums must also be so fixed that the assets of the Société, after deducting therefrom any debt and any contingency reserve or contingency fund it may establish, are sufficient to cover the amounts, established in accordance with section 153, necessary to pay all the indemnities, present or future, resulting from accidents that have occurred during the preceding financial years.
For the fixation of insurance contributions, the Société may include investment income other than investment income from assets held in connection with actuarial liability.
1977, c. 68, s. 152; 1981, c. 7, s. 545; 1982, c. 59, s. 32; 1984, c. 47, s. 13; 1986, c. 28, s. 2; 1986, c. 91, s. 655; 1990, c. 19, s. 11; 1990, c. 83, s. 247; 1993, c. 57, s. 2; 1999, c. 22, s. 33.
152. The insurance contributions fixed by the Société under sections 151 to 151.3 and revalorized, where that is the case, in accordance with section 151.4 and the sums allocated, where such is the case, by the Government in accordance with section 648 of the Highway Safety Code (chapter C-24.2) must be sufficient to allow the payment of all the indemnities resulting from accidents that have occurred during the period for which such insurance contributions are fixed and such amounts are appropriated, the payment of the cost of highway safety promotion, the payment of the liabilities of the Société under Title IV and Chapter II of this title and the payment of the administration expenses of the Société.
The sums must also be so fixed that the assets of the Société, after deducting therefrom any debt and any contingency reserve it may establish, are sufficient to cover the amounts, established in accordance with section 153, necessary to pay all the indemnities, present or future, resulting from accidents that have occurred during the preceding financial years.
1977, c. 68, s. 152; 1981, c. 7, s. 545; 1982, c. 59, s. 32; 1984, c. 47, s. 13; 1986, c. 28, s. 2; 1986, c. 91, s. 655; 1990, c. 19, s. 11; 1990, c. 83, s. 247; 1993, c. 57, s. 2.
152. The sums fixed by the Société under sections 151 to 151.3 and the sums allocated, where such is the case, by the Government in accordance with section 648 of the Highway Safety Code (chapter C-24.2) must be sufficient to allow the payment of all the indemnities resulting from accidents that have occurred during the period for which such amounts are fixed or appropriated, the payment of the cost of highway safety promotion, the payment of the liabilities of the Société under Title IV and Chapter II of this title and the payment of the administration expenses of the Société.
The sums must also be so fixed that the assets of the Société, after deducting therefrom any debt and any contingency reserve it may establish, are sufficient to cover the amounts, established in accordance with section 153, necessary to pay all the indemnities, present or future, resulting from accidents that have occurred during the preceding financial years.
1977, c. 68, s. 152; 1981, c. 7, s. 545; 1982, c. 59, s. 32; 1984, c. 47, s. 13; 1986, c. 28, s. 2; 1986, c. 91, s. 655; 1990, c. 19, s. 11; 1990, c. 83, s. 247.
152. The sums fixed by the Société under section 151 and the sums allocated, where such is the case, by the Government in accordance with section 648 of the Highway Safety Code (chapter C-24.2) must be sufficient to allow the payment of all the indemnities resulting from accidents that have occurred during the period for which such amounts are fixed or appropriated, the payment of the cost of highway safety promotion, the payment of the liabilities of the Société under Title IV and Chapter II of this title and the payment of the administration expenses of the Société.
The sums must also be so fixed that the assets of the Société, after deducting therefrom any debt and any contingency reserve it may establish, are sufficient to cover the amounts, established in accordance with section 153, necessary to pay all the indemnities, present or future, resulting from accidents that have occurred during the preceding financial years.
1977, c. 68, s. 152; 1981, c. 7, s. 545; 1982, c. 59, s. 32; 1984, c. 47, s. 13; 1986, c. 28, s. 2; 1986, c. 91, s. 655; 1990, c. 19, s. 11.
152. The sums fixed by the Régie under section 151 and the sums allocated, where such is the case, by the Government in accordance with section 648 of the Highway Safety Code (chapter C-24.2) must be sufficient to allow the payment of all the indemnities resulting from accidents that have occurred during the period for which such amounts are fixed or appropriated, the payment of the cost of highway safety promotion, the payment of the liabilities of the Régie under Title IV and Chapter II of this title and the payment of the administration expenses of the Régie.
The sums must also be so fixed that the assets of the Régie, after deducting therefrom any debt and any contingency reserve it may establish, are sufficient to cover the amounts, established in accordance with section 153, necessary to pay all the indemnities, present or future, resulting from accidents that have occurred during the preceding financial years.
1977, c. 68, s. 152; 1981, c. 7, s. 545; 1982, c. 59, s. 32; 1984, c. 47, s. 13; 1986, c. 28, s. 2; 1986, c. 91, s. 655.
152. The sums fixed by the Régie under section 151 and the sums allocated, where such is the case, by the Government in accordance with section 564 of the Highway Safety Code (chapter C-24.1) must be sufficient to allow the payment of all the indemnities resulting from accidents that have occurred during the period for which such amounts are fixed or appropriated, the payment of the cost of highway safety promotion, the payment of the liabilities of the Régie under Title IV and Chapter II of this title and the payment of the administration expenses of the Régie.
The sums must also be so fixed that the assets of the Régie, after deducting therefrom any debt and any contingency reserve it may establish, are sufficient to cover the amounts, established in accordance with section 153, necessary to pay all the indemnities, present or future, resulting from accidents that have occurred during the preceding financial years.
1977, c. 68, s. 152; 1981, c. 7, s. 545; 1982, c. 59, s. 32; 1984, c. 47, s. 13; 1986, c. 28, s. 2.
152. The sums fixed by the Régie under section 151 and the sums allocated, where such is the case, by the Government in accordance with section 564 of the Highway Safety Code (chapter C-24.1) must be sufficient to allow the payment of all the indemnities resulting from accidents that have occurred during the period for which such amounts are fixed or appropriated, the payment of the cost of highway safety promotion, the payment of the liabilities of the Régie under Title IV of this Act and the payment of the administration expenses of the Régie.
The sums must also be so fixed that the assets of the Régie, after deducting therefrom any debt and any contingency reserve it may establish, are sufficient to cover the amounts, established in accordance with section 153, necessary to pay all the indemnities, present or future, resulting from accidents that have occurred during the preceding financial years.
1977, c. 68, s. 152; 1981, c. 7, s. 545; 1982, c. 59, s. 32; 1984, c. 47, s. 13.
152. The sums fixed each year by the Régie under section 151 and the sums allocated, where such is the case, by the Government in accordance with section 564 of the Highway Safety Code (chapter C-24.1) must be sufficient to allow the payment of all the indemnities to which are entitled the victims of accidents that have occurred during the financial year for which such amounts are fixed or appropriated, the payment of the cost of highway safety promotion, the payment of the liabilities of the Régie under Title IV of this Act and the payment of the administration expenses of the Régie.
The sums must also be so fixed that the assets of the Régie, after deducting therefrom any debt and any contingency reserve it may establish, are sufficient to cover the amounts, established in accordance with section 153, necessary to pay all the indemnities, present or future, resulting from accidents that have occurred during the preceding financial years.
1977, c. 68, s. 152; 1981, c. 7, s. 545; 1982, c. 59, s. 32.
152. The sums fixed each year by the Régie under section 151 and those it receives from the Minister of Revenue in accordance with section 55.1 of the Fuel Tax Act (chapter T-1), and the sums allocated, if such is the case, by the Government under section 564 of the Highway Safety Code (chapter C-24.1) must be sufficient to enable the payment of all the indemnities to which are entitled the victims of accidents that have occurred during the financial year in view of which such sums are fixed or allocated, the payment of the obligations of the Fonds d’indemnisation, and the payment of the administrative expenses of the Régie and of the Fonds d’indemnisation.
The sums must also be so fixed that the assets of the Régie, after deducting therefrom any debt and any contingency reserve it may establish, are sufficient to cover the amounts, established in accordance with section 153, necessary to pay all the indemnities, present or future, resulting from accidents that have occurred during the preceding financial years.
1977, c. 68, s. 152; 1981, c. 7, s. 545.
152. The sums fixed each year by the Régie under section 151 and those it receives from the Minister of Revenue in accordance with section 55.1 of the Fuel Tax Act (chapter T-1) must be sufficient to enable the payment of all the indemnities to which are entitled the victims of accidents that have occurred during the financial year in view of which such sums are fixed, the payment of the obligations of the Fonds d’indemnisation, and the payment of the administrative expenses of the Régie and of the Fonds d’indemnisation.
The sums must also be so fixed that the assets of the Régie, after deducting therefrom any debt and any contingency reserve it may establish, are sufficient to cover the amounts, established in accordance with section 153, necessary to pay all the indemnities, present or future, resulting from accidents that have occurred during the preceding financial years.
1977, c. 68, s. 152.
152. The sums fixed each year by the Régie under section 151 and those it receives from the Minister of Revenue in accordance with section 242 of chapter 68 of the statutes of 1977 must be sufficient to enable the payment of all the indemnities to which are entitled the victims of accidents that have occurred during the financial year in view of which such sums are fixed, the payment of the obligations of the Fonds d’indemnisation, and the payment of the administrative expenses of the Régie and of the Fonds d’indemnisation.
The sums must also be so fixed that the assets of the Régie, after deducting therefrom any debt and any contingency reserve it may establish, are sufficient to cover the amounts, established in accordance with section 153, necessary to pay all the indemnities, present or future, resulting from accidents that have occurred during the preceding financial years.
1977, c. 68, s. 152.
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