Investment Limits (Foreign Companies) Regulations
Version of section 3 from 2010-01-01 to 2024-06-19:
3 For the purposes of section 618 of the Act, the prescribed percentage of the value of the assets in Canada is
(a) 15 per cent in the case of investment by a foreign life company for the classes of insurance referred to in subsection 618(1);
(b) 10 per cent in the case of investment by a foreign life company for the classes of insurance referred to in subsection 618(2); or
(c) 10 per cent in the case of investment by a foreign property and casualty company or a foreign marine company.
- SOR/94-68, s. 1
- SOR/94-687, s. 4
- SOR/2009-296, s. 3
- Date modified: