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Insurance Companies Act

Version of section 586 from 2003-01-01 to 2007-04-19:


Marginal note:Variations

  •  (1) In respect of an order approving the insuring in Canada of risks by a foreign company, the Superintendent may at any time, by further order,

    • (a) specify additional classes of insurance risks that the foreign company is authorized to insure,

    • (b) make the order subject to conditions or limitations that are consistent with this Act, relate to the insurance business in Canada of the foreign company and are deemed expedient by the Superintendent, or

    • (c) amend or revoke any authorization contained in the order or any condition or limitation to which the order is subject,

    but before making any such further order the Superintendent shall give the foreign company an opportunity to make representations regarding that further order.

  • (2) to (6) [Repealed, 1996, c. 6, s. 85]

  • 1991, c. 47, s. 586
  • 1996, c. 6, s. 85

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