November 26, 2003
The Lieutenant Governor in Council makes the Provincial Companies Amendment Regulation set out in the attached Appendix.
For Information only
Recommended by: Minister of Finance
Authority: Insurance Act
1 The Provincial Companies Regulation (AR 124/2001) is amended by this Regulation.
2 The following is added after section 20:
Maintenance of adequate capital
(2) The Minister shall ensure that a blank copy of the test form referred to in subsection (1) is published in such manner as is considered appropriate.
3 This Regulation comes into force on the commencement of section 414(3) of the Insurance Act.