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A-32 - Act respecting insurance

Section 50.5
Disposition versions

Full text
50.5. Where the authorization referred to in section 43 has not been obtained, the voting right may again be exercised if the Minister grants his authorization. Such authorization shall have effect on any date, even a prior date, determined by the Minister.
Such authorization may be granted for any allotment or transfer of shares effected before 15 March 1991 contrary to section 43 of the Act as it read before 15 March 1991.
Section 46 applies, adapted as required, to the exercise of the power of authorization.
1990, c. 86, s. 4; 2002, c. 70, s. 30.
50.5. Where the authorization referred to in section 43 or 44 has not been obtained, the voting right may again be exercised if the Minister grants his authorization. Such authorization shall have effect on any date, even a prior date, determined by the Minister.
Such authorization may be granted for any allotment or transfer of shares effected before 15 March 1991 contrary to section 43 of the Act as it read before 15 March 1991.
Section 46 applies, adapted as required, to the exercise of the power of authorization.
1990, c. 86, s. 4.
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