Insurance Companies Act
596 (1) The Governor in Council may, in respect of policies in Canada of a foreign company, make regulations limiting the extent to which the foreign company may cause itself to be reinsured against risks in Canada undertaken by it.
Marginal note:Regulation may provide for discretion
(2) A regulation made pursuant to subsection (1) may provide that the Superintendent may, by order, determine the matters or exercise the discretion that the regulation may specify.
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