INSURANCE COMPANIES ACTDistributing Company and Distributing Insurance Holding Company RegulationsP.C.2006-1430200611
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Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to subsection 2.1(1)a of the Insurance Companies Actb, hereby makes the annexed Distributing Company and Distributing Insurance Holding Company Regulations.S.C. 2005, c. 54, s. 215S.C. 1991, c. 47InterpretationIn these Regulations, Act means the Insurance Companies Act.DistributingFor the purpose of the Act and subject to subsection (2), any one of the following constitutes a distributing company or a distributing insurance holding company:a company or an insurance holding company that is a reporting issuer under any legislation that is set out in column 2 of the schedule; orin the case of a company or an insurance holding company that is not a reporting issuer referred to in paragraph (a), a company or an insurance holding companythat has filed a prospectus or registration statement under provincial or foreign legislation,any of the securities of which are listed and posted for trading on a stock exchange in or outside Canada, orthat is involved in, is formed for, results from or is continued after an amalgamation, a reorganization, an arrangement or a statutory procedure, if one of the participating bodies corporate is an entity referred to in subparagraph (i) or (ii).A company or an insurance holding company that is subject to an exemption under provincial securities legislation, or to an order of the relevant provincial securities regulator that provides that the company or insurance holding company is not a reporting issuer for the purposes of the applicable legislation, is not a distributing company or a distributing insurance holding company for the purpose of subsection (1).SOR/2008-85, s. 1Coming into ForceThese Regulations come into force on the day on which they are registered.(Paragraph 2(1)(a))
REPORTING ISSUER
Column 1Column 2ItemJurisdictionLegislation1Ontariothe definition reporting issuer in subsection 1(1) of the Securities Act, R.S.O. 1990, c. S.5, as amended from time to time2Quebecthe definition reporting issuer in sections 5 and 68 of the Securities Act, R.S.Q., c. V-1.1, as amended from time to time3Nova Scotiathe definition reporting issuer in paragraph 2(1)(ao) of the Securities Act, R.S.N.S. 1989, c. 418, as amended from time to time4New Brunswickthe definition reporting issuer in subsection 1(1) of the Securities Act, S.N.B. 2004, c. S-5.5, as amended from time to time5Manitobathe definition reporting issuer in subsection 1(1) of The Securities Act, C.C.S.M., c. S50, as amended from time to time6British Columbiathe definition reporting issuer in subsection 1(1) of the Securities Act, R.S.B.C. 1996, c. 418, as amended from time to time7Saskatchewanthe definition reporting issuer in paragraph 2(1)(qq) of The Securities Act, 1988, S.S. 1988-89, c. S-42.2, as amended from time to time8Albertathe definition reporting issuer in paragraph 1(ccc) and section 145 of the Securities Act, R.S.A. 2000, c. S-4, as amended from time to time9Newfoundland and Labradorthe definition reporting issuer in paragraph 2(1)(oo) of the Securities Act, R.S.N.L. 1990, c. S-13, as amended from time to time