A-25 - Automobile Insurance Act

Section 155.14 Disposition versions

1999-07-01

155.14. (Repealed).

1993, c. 57, s. 4; 1999, c. 22, s. 36.

1993-12-13

155.14. If the Société’s receipts from insurance contributions for its fiscal year 1994 exceed the receipts from insurance contributions for its fiscal year 1993 increased by an amount of $120 000 000 and amounts representing the growth in the number of vehicles on the road and in the number of driver’s licences in 1994, the Société shall pay the excess amount out of its contingency reserve into the consolidated revenue fund not later than 31 March 1995; should the Société’s receipts be less, the Société, on the authorization of the Minister of Finance, shall withhold an amount equivalent to the difference from the vehicle registration duties to be collected by it from January 1995 to March 1995.

1993, c. 57, s. 4.