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A-32 - Act respecting insurance

Section 325.0.2
Disposition versions

Full text
325.0.2. The guidelines may pertain to
(1)  the maintenance of assets for the purposes of section 269;
(1.1)  the adequacy of the capital;
(2)  the adequacy of the liquid assets;
(3)  any other sound and prudent management practices, in particular as regards investments;
(4)  any commercial practice referred to in section 222.2;
(5)  any requirement under section 285.29.
Guidelines are not regulations. They may pertain to the carrying out, interpretation or application of the subject matter of any of subparagraphs 1 to 5 of the first paragraph whether or not it is dealt with in a regulation made under this Act.
2002, c. 45, s. 236; 2002, c. 70, s. 138; 2008, c. 7, s. 39; 2009, c. 58, s. 31.
325.0.2. The guidelines may pertain to
(1)   the adequacy of the capital;
(2)  the adequacy of the liquid assets;
(3)  any other sound and prudent management practices, in particular as regards investments;
(4)  any commercial practice referred to in section 222.2;
(5)  any requirement under section 285.29.
Guidelines are not regulations. They may pertain to the carrying out, interpretation or application of the subject matter of any of subparagraphs 1 to 5 of the first paragraph whether or not it is dealt with in a regulation made under this Act.
2002, c. 45, s. 236; 2002, c. 70, s. 138; 2008, c. 7, s. 39.
325.0.2. The guidelines may pertain to
(1)   the adequacy of the capital;
(2)  the adequacy of the liquid assets;
(3)  the policy insurers must adopt in accordance with section 285.29;
(4)  any other sound and prudent management practices, in particular those concerning commercial practices in relation to the marketing of insurance products.
Guidelines are not regulations.
2002, c. 45, s. 236; 2002, c. 70, s. 138.
325.0.2. The guidelines are not regulations. They are indicative of the exercise of the discretionary powers conferred by this Act on the Agency, concerning:
(1)  the policy insurers must establish pursuant to section 285.27;
(2)  any other sound and prudent management practices, in particular those relating to the marketing of insurance products.
2002, c. 45, s. 236.
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