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ontario regulation 230/14

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. 408/12

(ADMINISTRATIVE PENALTIES)

1. Section 2 of Ontario Regulation 408/12 is amended by striking out “Schedules 1 and 2” and substituting “Schedules 1, 2 and 2.1”. 

2. Section 3 of the Regulation is amended by adding the following subsection:

(3) The maximum penalty that may be imposed under section 441.3 of the Act for a contravention of or failure to comply with a requirement imposed by a provision listed in Schedule 2.1 is $25,000. 

3. Schedule 1 to the Regulation is amended by adding the following item:

 


20.1


subsection 288.2 (1)



4. The heading to Schedule 2 to the Regulation is revoked and the following substituted:

Schedule 2
general administrative penalties imposed under section 441.3 of the act — lesser maximum penalties prescribed by subsection 3 (2)

5. The Regulation is amended by adding the following Schedule:

schedule 2.1
general administrative penalties imposed under section 441.3 of the act — lesser maximum penalties prescribed by subsection 3 (3)


Item


Provision




1.


section 3 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)




2.


subsection 4 (1) of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)




3.


subsection 4 (2) of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)




4.


section 5 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)




5.


section 6 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)




6.


section 7 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)




7.


section 8 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)




8.


subsection 9 (1) of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)




9.


subsection 10 (1) of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)




10.


section 11 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)




11.


section 12 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)




12.


section 13 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)




13.


section 13.1 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)




14.


section 14 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)




15.


section 15 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)




16.


subsection 16 (2) of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)




17.


section 17 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)




18.


section 18 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)




19.


section 2 of O. Reg. 349/13 (Service Providers — Principal Representatives)




6. Schedule 3 to the Regulation is amended by adding the following items:

 


50.


section 19 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)


$250




51.


subsection 20 (1) of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)


$250




52.


subsection 20 (2) of O. Reg. 90/14
 (Service Providers — Standards for Business Systems and Practices)


$250




53.


subsection 21 (1) of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)


$1,000




54.


subsection 21 (2) of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices)


$1,000




Commencement

7. This Regulation comes into force on the later of December 1, 2014 and the day it is filed.

 

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