The Insurance Agency Act is the essential regulation overseeing all governmental consolidated or enlisted insurance agencies in Canada.
FCAC is answerable for managing segments of the Demonstration assigned as purchaser arrangements, as well as checking the monetary establishments' consistency with overarching sets of principles and public responsibilities.
The total text of the Demonstration should be visible on the Division of Equity Canada's site. For your benefit, we likewise show the areas explicitly connected with customer arrangements beneath.
Insurance Agency Act
Segments connected with purchaser arrangements:
(c) Passages 165(2)(f) and (g), subsection 469.1(3), segments 479 to 489.3, subsection 542.061(3), and areas 598 to 607.2 of the Insurance Agency Act along with any guidelines made under or for the motivations behind those arrangements;
(c.1) segments 1034 to 1045 of the Insurance Agency Go about as those areas apply to any notification, record, or other data that is expected under the arrangements alluded to in passage (c).
Green Safeguard Canada Act.
Segments connected with purchaser arrangements:
Subsection 469.1(3) as set out in passage 17(1)(f) of the Green Safeguard Canada Act and the arrangements alluded to in passage 17(1)(f.1) of that Go about as they apply to Green Safeguard Canada as per area 17 of that Act along with any guidelines made under or for the reasons for those arrangements.
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