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A-32.1 - Insurers Act

Section 513
Disposition versions

Full text
513. Anyone who contravenes section 488 or 490 commits an offence and is liable to a fine of $1,000 to $10,000 in the case of a natural person and $3,000 to $30,000 in any other case.
The secretary of an authorized insurer or the representative of an authorized reciprocal union who contravenes the second paragraph of section 123 by refusing or neglecting to provide the declaration sent to him or her by an actuary or auditor in accordance with section 122 or who destroys or falsifies the declaration commits an offence and is liable to the fine prescribed in the first paragraph.
2018, c. 23, s. 3; 2024, c. 15, s. 68.
513. Anyone who contravenes section 488 or 490 commits an offence and is liable to a fine of $1,000 to $10,000 in the case of a natural person and $3,000 to $30,000 in any other case.
The secretary of an authorized insurer or the mandatary of an authorized reciprocal union who contravenes the second paragraph of section 123 by refusing or neglecting to provide the declaration sent to him or her by an actuary or auditor in accordance with section 122 or who destroys or falsifies the declaration commits an offence and is liable to the fine prescribed in the first paragraph.
2018, c. 23, s. 3.
In force: 2019-06-13
513. Anyone who contravenes section 488 or 490 commits an offence and is liable to a fine of $1,000 to $10,000 in the case of a natural person and $3,000 to $30,000 in any other case.
The secretary of an authorized insurer or the mandatary of an authorized reciprocal union who contravenes the second paragraph of section 123 by refusing or neglecting to provide the declaration sent to him or her by an actuary or auditor in accordance with section 122 or who destroys or falsifies the declaration commits an offence and is liable to the fine prescribed in the first paragraph.
2018, c. 23, s. 3.
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