Bill 2123 — An Act To Amend the Automobile Insurance Act (50th General Assembly, 1st Session)

Bill 2123

Newfoundland and Labrador — Bills

Bill 2123 — An Act To Amend the Automobile Insurance Act (50th General Assembly, 1st Session)

Bill 2123

Newfoundland and Labrador — Bills

First

Session, 50th General Assembly

Elizabeth II, 2021

BILL 23

AN ACT TO AMEND THE

AUTOMOBILE INSURANCE ACT

Received

and Read the First Time ................................................................

Second

Reading ............................................................................................

Committee .....................................................................................................

Third

Reading ...............................................................................................

Royal

Assent .................................................................................................

HONOURABLE SARAH

STOODLEY

Minister of Digital

Government and Service Newfoundland and Labrador

Ordered to be printed by

the Honourable House of Assembly

EXPLANATORY NOTES

This Bill would amend the Automobile Insurance Act to

remove the requirement that

insurers notify the Registrar of Motor Vehicles of the cancellation or

expiration of a policy issued by the insurer; and

require the Superintendent of

Insurance and the Facility Association to allow an entity designated by the

Registrar of Motor Vehicles to access information as determined by the

Registrar of Motor Vehicles to enable the entity to create a database which the

Registrar of Motor Vehicles may access to verify that a vehicle is insured.

A BILL

AN ACT TO AMEND THE AUTOMOBILE INSURANCE

ACT

Analysis

S.2 Amdt.

Definitions

S.6.01 R&S

Requirement

to allow access to information

Be it enacted by the Lieutenant-Governor and

House of Assembly in Legislative Session convened, as follows:

RSNL1990 cA-22

as amended

1. (1) Subsection 2(1) of the Automobile Insurance Act is amended by adding immediately after

paragraph (

j) the following:

(j.1) "Plan of Operation" means the Plan

of Operation established by the Facility Association in accordance with

subsection 98(2) of the Insurance

Companies Act ;

(2) Subsection 2(1) of the Act is amended by

adding immediately after paragraph (

l) the following:

(l.01) "registrar" means the Registrar of

Motor Vehicles;

(3) Subsection 2(1) of the Act is amended by

deleting the word "and" at the end of paragraph (l.1), deleting the

period at the end of paragraph (

m) and substituting a semi-colon and the word

"and" and by adding immediately after that paragraph the following:

(n) "Underwriting Information Plan"

means the plan required to be provided and administered by the Facility

Association under the Plan of Operation and which enables the collection of

data to assist in risk assessment by members of the Facility Association.

Section 6.01 of the Act is repealed and the

following substituted:

Requirement to

allow access to information

6.01 For

the purposes of enabling the creation of a database to allow the registrar to

verify that a vehicle is insured

(

a) the superintendent shall allow an entity

designated by the registrar to access the information determined by the registrar

from the information collected by the superintendent in accordance with the

automobile insurance statistical plan prepared under

section 82 of the Insurance Companies Act ; and

(

b) the Facility Association shall allow an entity

designated by the registrar to access the information determined by the registrar

from the information collected by the Facility Association in accordance with the

Underwriting Information Plan required under the Plan of Operation.

Queen's Printer

Document details

CollectionNewfoundland and Labrador — Bills
CitationBill 2123
Typebill
Volume / chapterga50session1 bill2123
Languageen
Formathtm
SourcePROVINCIAL
Identifier49bd3eb256d1e4417e8548cdb6b9aa1985aeb8fa

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