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Insurance Companies Act

Version of section 656 from 2003-01-01 to 2011-05-31:


Marginal note:Application of other provisions

  •  (1) Divisions XII to XIV of Part VI, other than subsection 330(2), and Parts VIII to XI apply to provincial companies.

  • Marginal note:Idem

    (2) Subsections 15(1) and (2) and sections 254 to 256 and 268 apply, with such modifications as the circumstances require, to every provincial company for which an order for the commencement and carrying on of business under this Part has been made to the same extent that they are applicable to, or in respect of, a company, but to the extent to which any provision referred to in this section would effect an enlargement, in any respect, of the corporate powers or rights of any provincial company under its incorporating instrument, that provision does not apply to the provincial company.

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