Statutes of Newfoundland and Labrador 2004 Chapter 38

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Statutes of Newfoundland and Labrador 2004

Statutes of Newfoundland and Labrador 2004 Chapter 38 CHAPTER 38

AN ACT TO AMEND THE INSURANCE COMPANIES ACT
(Assented to December 16, 2004)

Analysis

1. S.3.2 Added
Superintendent and Deputy Superintendent of Insurance

Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows:

RSNL1990 cI-10
as amended

1. The Insurance Companies Act is amended by adding immediately after section 3.1 the following:

Superintendent and Deputy Superintendent of Insurance

3.2 (1) The Lieutenant-Governor in Council may appoint a Superintendent of Insurance.

(2) The Lieutenant-Governor in Council may appoint a Deputy Superintendent of Insurance

(a) to act in place of the superintendent in his or her absence or incapacity; and

(b) to exercise the powers and perform the duties of the superintendent under an Act or regulations that may be assigned by the superintendent.