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Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations

Version of section 17 from 2021-06-01 to 2024-05-01:

  •  (1) A life insurance broker or agent is engaged in a business or profession for the purposes of paragraph 5(i) of the Act.

  • (2) Subsection (1) does not apply to a life insurance broker or agent when they are acting as a managing general agent.

  • SOR/2007-122, s. 30
  • SOR/2016-153, s. 24
  • SOR/2019-240, s. 28

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