1998 BILL Pr2 Second Session, 24th Legislature, 47 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL Pr2 INNOVATIVE INSURANCE CORPORATION AMENDMENT ACT, 1998 MR. KLAPSTEIN First Reading Second Reading Committee of the Whole Third Reading Royal Assent B ill P r2 M r. K lapstein BILL Pr2 INNOVATIVE INSURANCE CORPORATION AMENDMENT ACT, 1998 (A ssented to , 1998) P ream ble

WHEREAS the First Canadian Casualty Insurance Corporation was incorporated by

chapter of the Statutes of Alberta, 1992; and

WHEREAS the title of the Act was amended to Innovative Insurance C orporation A ct by

chapter of the Statutes of Alberta, 1995; and

WHEREAS the time for applying for a licence was extended from June 26, 1997 to June 26, 1998 by Order in Council 41/97; and

WHEREAS the shareholders of the corporation have presented a petition praying that the Act be amended as herein set forth and it is expedient to grant the prayer of the petition; THEREFORE HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: A m ends S A 1992, c43 The Innovative Insurance C orporation A ct is amended by this Act

Section 4(2) is amended by striking out “within 2 years from June 26, 1995” and substituting “within 2 years from June 26, 1998”. 1 Explanatory Notes Amends

chapter of the Statutes of Alberta, 1992. 2 Amends

section 4(2) to change the limitation period to 2 years from June 26, 1998. 1 Explanatory Notes Title: 1998 (24th, 2nd) Bill Pr2, Innovative Insurance Corporation Amendment Act, 1998