Bill 4 — First Session, 19Th Legislature, 28 Elizabeth Ii the Legislative Assembly of Alberta Bill 4 the Alberta Insurance Amendment Act, 1979 (Legislature 19, Session 1)

L19 S1 4187

Alberta — Bills

1979 BILL 4 First Session, 19th Legislature, 28 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL 4 THE ALBERTA INSURANCE AMENDMENT ACT, 1979 THE MINISTER OF CONSUMER AND CORPORATE AFFAIRS First Reading Second Reading Committee of the Whole Third Reading Royal Assent Printed by the Queen ’s Printer for the Province of Alberta, EDMONTON Title: 1979 (19th, 1st) Bill 4, The Alberta Insurance Amendment Act, 1979

Bill 4 BILL 4 1979 THE ALBERTA INSURANCE AMENDMENT ACT, 1979 (Assented to , 1979) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1 The Alberta Insurance Act is amended by this Act. 2 The following is added after

section 321.9: 321.91(1) An insurer licensed under this Act to carry on automobile insurance shall participate in and be subject to the terms and conditions of any government approved in dustry plan to ensure a market for automobile insurance to all owners and licensed operators of automobiles.

(2) A copy of the constitution, by-laws, rules and regula tions of a proposed plan shall be filed with the Superintend ent for his approval.

(3) Upon acceptance of the filing and approval by the Superintendent under subsection (2), the plan shall be deemed to be a government approved industry plan to ensure a market for automobile insurance to all owners and licensed operators of autombiles in Alberta.

(4) If (

a) a change is to be made in the constitution, by-laws, rules or regulations of a plan, or (

b) a plan is to be terminated a copy of the proposed change or a notice of the termination shall be filed with the Superintendent at least 15 days before the change or termination is proposed to be effective, and that change or termination shall not take place unless approved by the Superintendent.

(5) All rates charged for automobile insurance under the plan shall be subject to the approval of the Board and sections 321.3, 321.4, 321.5, 321.6, 321.8 and 321.9 apply with all necessary modifications to those rates. 1

Explanatory Notes 1 This Bill will amend

chapter 187 of the Revised Statutes of Alberta 1970. 2 Application of government approved industry plan respect ing automobile insurance. 1

(6) Nothing in this

section relieves an insurer from ensur ing that the provisions of this Part relating to filing and the matters required by sections 321.3 and 321.4 are complied with. 3 This Act comes into force on the day upon which it is assented to. 2 Title: 1979 (19th, 1st) Bill 4, The Alberta Insurance Amendment Act, 1979

Document details

Collection	Alberta — Bills
Citation	L19 S1 4187
Type	bill
Volume / chapter	L19 S1 4187
Language	en
Format	json
Source	PROVINCIAL
Identifier	f95cc3f44c005ee66af66aabfd101583a1b0264e

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