Insurance Compensation Plans Regulation

B.C. Reg. 326/90
O.C. 1350/90

Deposited September 7, 1990
effective September 15, 1990

This consolidation is current to March 21, 2023.

Financial Institutions Act

Insurance Compensation Plans Regulation

[includes amendments up to B.C. Reg. 83/91]

Interpretation

1 In this regulation "Act" means the Financial Institutions Act.

Designated compensation plan

2 For the purposes of section 66 (2) of the Act, the following are designated as insurance compensation plans:

(a) Property and Casualty Insurance Compensation Plan, administered by the Property and Casualty Insurance Compensation Corporation;

(b) Canadian Life and Health Insurance Compensation Plan, administered by the Canadian Life and Health Insurance Compensation Corporation.

[en. B.C. Reg. 83/91.]

[Provisions of the Financial Institutions Act, R.S.B.C. 1996, c. 141, relevant to the enactment of this regulation: sections 66 (2), 160 (2) (c) (ii) and 289]