A-32 - Act respecting insurance

Section 245.0.1 Disposition versions

2003-02-12

245.0.1. No voting right may be exercised in relation to any investment or, as the case may be, the portion of any investment that exceeds the limits authorized under this Act or the regulations.

1990, c. 86, s. 26; 1996, c. 2, s. 80; 1996, c. 63, s. 40; 2002, c. 70, s. 101.

1996-12-23

245.0.1. The limit provided for in subparagraphs a and g of the first paragraph of section 245 shall not apply

(a)  to securities guaranteed by the Government of Canada or a government of a Canadian province or territory, or to securities issued or guaranteed by any of their agencies or by a municipality in Canada;

(b)  to securities on which payment in principal and interest is guaranteed by the grant of a subsidy by the Gouvernement du Québec payable out of the sums voted each year for that purpose by the National Assembly;

(c)  to bank deposits and debt securities the payment of which is guaranteed by a bank;

(d)  to debt securities issued or secured by an institution that is registered with the Régie de l’assurance-dépôts du Québec or that is a member of the Canada Deposit Insurance Corporation, and to deposits with those institutions;

(e)  to any other investments determined by regulation.

1990, c. 86, s. 26; 1996, c. 2, s. 80; 1996, c. 63, s. 40.

1996-05-08

245.0.1. The limit provided for in subparagraph a of the first paragraph of section 245 shall not apply

(a)  to securities guaranteed by the Government of Canada or a government of a Canadian province or territory, or to securities issued or guaranteed by any of their agencies or by a municipality in Canada;

(b)  to securities on which payment in principal and interest is guaranteed by the grant of a subsidy by the Gouvernement du Québec payable out of the sums voted each year for that purpose by the National Assembly;

(c)  to bank deposits and debt securities the payment of which is guaranteed by a bank;

(d)  to debt securities issued or secured by an institution that is registered with the Régie de l’assurance-dépôts du Québec or that is a member of the Canada Deposit Insurance Corporation, and to deposits with those institutions;

(e)  to any other investments determined by regulation.

1990, c. 86, s. 26; 1996, c. 2, s. 80.

1991-03-15

245.0.1. The limit provided for in subparagraph a of the first paragraph of section 245 shall not apply

(a)  to securities guaranteed by the Government of Canada or a government of a Canadian province or territory, or to securities issued or guaranteed by any of their agencies or by a municipal corporation in Canada;

(b)  to securities on which payment in principal and interest is guaranteed by the grant of a subsidy by the Gouvernement du Québec payable out of the sums voted each year for that purpose by the National Assembly;

(c)  to bank deposits and debt securities the payment of which is guaranteed by a bank;

(d)  to debt securities issued or secured by an institution that is registered with the Régie de l’assurance-dépôts du Québec or that is a member of the Canada Deposit Insurance Corporation, and to deposits with those institutions;

(e)  to any other investments determined by regulation.

1990, c. 86, s. 26.