Insurance Amendment Act (Election Cancellation Insurance), 2003 Parsons, Ernie — Bill 84 (37th Parliament, 4th Session)

Bill 84, 37-4

Ontario — Bills

role="main" class="main-container container js-quickedit-main-content" id="main-content">

Bill 84, Insurance Amendment Act (Election Cancellation Insurance), 2003

Parsons, Ernie

Please select

View bill

Status

Debates

Original

[37] Bill 84 Original (PDF)

Bill 84 2003

An Act to amend

the Insurance Act

to allow for the sale of

election cancellation insurance

Her Majesty, by and with the advice and consent of the Legislative

Assembly of the Province of Ontario, enacts as follows:

1. The Insurance Act is amended by adding the

following Part:

PART VIII

ELECTION CANCELLATION INSURANCE

Election cancellation insurance

(1) Insurers may sell election

cancellation insurance that insures against the risk of an anticipated

election not being called.

Premiums

(2) The premiums for election cancellation insurance shall be

based on the differences in the popularity of the various political parties

as determined on the basis of public opinion polls.

Insured persons

(3) Election cancellation insurance may be purchased by,

(

a) individuals who have been nominated as candidates at the time that the

anticipated election is not called; and

(

b) the Chief Election Officer appointed under

section 4 of the

Election Act.

Recovery

(4) Election cancellation insurance permits the recovery of

money spent and costs incurred by the insured on offices, staff, enumeration

and similar matters related to the holding of an election.

Ceases to have effect

(5) This

section ceases to have effect if a system of fixed

term elections is implemented.

Definition

(6) In this section,

"anticipated election" means an election that has not yet been called but

is an election when a reasonable person, based on the actions or statements

or lack of actions or statements of the Premier or of members of the

Executive Council, could conclude that an election is about to be called.

Commencement

2. This Act comes into force on the day it receives

Royal Assent.

Short title

3. The

short title of this Act is the Insurance

Amendment Act (Election Cancellation Insurance), 2003 .

EXPLANATORY NOTE

The Bill amends the Insurance

Act by authorizing the sale of election cancellation insurance.

Individual candidates and the Chief Election Officer are permitted to

purchase the insurance. The

section that authorizes the sale of election

cancellation insurance ceases to have effect if a system for fixed term

elections is implemented.

Date Bill stage Activity Committee

June 4, 2003

First Reading

Carried on division

Debates and Progress

First Reading

June

4, 2003

Carried on division

Second Reading

Committee

Third Reading

Royal Assent :

Coming into force :Royal Assent.

Was this page helpful? Yes , I found this page helpful. An optional survey will open in a new tab. No , I didn’t find this page helpful. An optional survey will open in a new tab.

Back to top

Document details

Collection	Ontario — Bills
Citation	Bill 84, 37-4
Type	bill
Volume / chapter	p37 s4 bill 84 html
Language	en
Format	html
Source	PROVINCIAL
Identifier	2da63e04a3737029726327b00945917f41129da6

Source file is stored in the law ingest library (html).