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A-32 - Act respecting insurance

Section 17
Disposition versions

Full text
17. The expenses incurred for the application of this Act, determined each year by the Government, shall be borne by the insurers who are licence holders.
Such expenses shall be collected from each insurer as follows:
(a)  a minimum share fixed each year by the Government;
(b)  the remainder in the proportion that the insurer’s total direct premium income for the preceding year in Québec bears to the aggregate of the similar income of all the insurers.
1974, c. 70, s. 17; 1985, c. 17, s. 2; 2002, c. 70, s. 5.
17. The expenses incurred for the application of this act, determined each year by the Government, shall be borne by the insurers who are licence holders.
Such expenses shall be collected from each insurer as follows:
(a)  a minimum share fixed each year by the Government;
(b)  the remainder in the proportion that the premium or assessment income of the insurer for the preceding year in Québec bears to the aggregate of the similar income of all the insurers.
1974, c. 70, s. 17; 1985, c. 17, s. 2.
17. The expenses incurred for the application of this act, determined each year by the Government, shall be borne by the insurers who are licence holders, except the mutual associations contemplated in paragraphs d and e of section 1.
Such expenses shall be collected from each insurer as follows:
(a)  a minimum share fixed each year by the Government;
(b)  the remainder in the proportion that the premium or assessment income of the insurer for the preceding year in Québec bears to the aggregate of the similar income of all the insurers.
1974, c. 70, s. 17.
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