O. Reg. 234/14: VARIABLE INSURANCE CONTRACTS

Link to law: http://www.ontario.ca/laws/regulation/r14234
Published: 2014-11-27

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ontario regulation 234/14

made under the

Insurance Act

Made: November 26, 2014
Filed: November 27, 2014
Published on e-Laws: November 28, 2014
Printed in The Ontario Gazette: December 13, 2014


Amending O. Reg. 132/97

(VARIABLE INSURANCE CONTRACTS)

1. The definition of “CLHIA guidelines” in subsection 1 (1) of Ontario Regulation 132/97 is revoked and the following substituted:

“CLHIA guidelines” means Guideline G2 of the Canadian Life and Health Insurance Association entitled “Individual Variable Insurance Contracts Relating to Segregated Funds”, adopted by the CLHIA on March 4, 1997, as most recently amended on March 4, 2014, and available to the public on a website of the government of Ontario;

2. Section 1.1 of the Regulation is revoked. 

3. Subsections 4 (2) and (3) of the Regulation are revoked. 

Commencement

4. This Regulation comes into force on the day it is filed.