Regulation BEFORE repealed by BC Reg 212/2012, effective November 1, 2012.
| B.C. Reg. 391/90 O.C. 1563/90 | Deposited October 15, 1990 |
Financial Institutions Act
Extraprovincial Corporations Exemption Regulation
Extraprovincial societies
3 (1) In this section "extraprovincial society" means an extraprovincial society as defined in section 1 of the Society Act that under this Act has a business authorization for insurance business.
(2) Sections 297, 299, 300 (1), 301, 304 to 310, 312, 313 and 315 of the Company Act, as they apply for the purposes of this Act, do not apply to an extraprovincial society that
(a) immediately before the date this regulation comes into force is registered as an extraprovincial society under Part 8 of the Society Act, and
(b) continues to be so registered on and after that date.
[en. B.C. Reg. 32/93.]
[Provisions of the Financial Institutions Act, R.S.B.C. 1996, c. 141, relevant to the enactment of this regulation: section 289 (4) (o)]