Insurance Companies Act — I-11.8 2
nd in the absence of any such law has the same meaning as the word “child” in the United Nations Convention on the Rights of the Child adopted in the United Nations General Assembly on November 20, 1989; ( mineur ) mutual company means (a) a company that is incorporated or continued as a mutual company under this Act, (b) a former-Act company that, on the coming into force of this paragraph, has no issued and outstanding shares, or (c) a company that is converted into a mutual company under sections 226 to 236, and that is not converted into a company with common shares under this Act; ( société mutuelle ) non-WTO Member foreign institution means a foreign institution that is not controlled by a WTO Member resident; ( institution étrangère d’un non-membre de l’OMC ) officer means (a) in relation to a body corporate, a chief executive officer, president, vice-president, secretary, controller, treasurer and any other natural person designated as an officer of the body corporate by by-law or by resolution of the directors of the body corporate, and (b) in relation to any other entity, any natural person designated as an officer of the entity by by-law, by resolution of the members thereof or otherwise; ( dirigeant ) order form , in respect of a security, means a security in order form as determined in accordance with subsection 87(3); ( titre à ordre ) ordinary resolution means a resolution passed by a majority of the votes cast by or on behalf of the shareholders or policyholders who voted in respect of that resolution; ( résolution ordinaire ) participating policy means a policy issued by a company that entitles its holder to participate in the profits of the company; ( police à participation ) participating policyholder means the holder of a participating policy; ( souscripteur avec participation ) permitted infrastructure entity means an entity that, in accordance with prescribed conditions, only makes investments in infrastructure assets or engages in any other activity prescribed by regulation; ( entité d’infrastructure admissible ) person means a natural person, an entity or a personal representative; ( personne ) personal representative means a person who stands in place of and represents another person and, without limiting the generality of the foregoing, includes, as the circumstances require, a trustee, an executor, an administrator, a committee, a guardian, a tutor, a curator, an assignee, a receiver, an agent or an attorney of any person; ( représentant personnel ) policy means any written contract of insurance or reinsurance whether contained in one or more documents and, in the case of insurance in a fraternal benefit society, any contract of insurance whether evidenced by a written document or not and any certificate of membership relating in any way to insurance, and includes any annuity contract and any endowment insurance contract; ( police ) policy in Canada [Repealed, 2007, c. 6, s. 186] policyholder in Canada [Repealed, 2007, c. 6, s. 186] prescribed means prescribed by regulation; ( Version anglaise seulement ) property and casualty company means a company or a provincial company that is not a life company or a marine company; ( société d’assurances multirisques ) provincial company means, subject to subsection (1.1), (a) [Repealed, 2001, c. 9, s. 345] (b) Antigonish Farmers’ Mutual Fire Insurance Company, (c) Clare Mutual Insurance Company, (d) The Halifax Insurance Company, or (e) Pictou County Farmers’ Mutual Fire Insurance Company, or, if the name of such company is changed, includes the successor company by its new name; ( société provinciale ) proxy means a completed and executed form of proxy by means of which a shareholder or policyholder or, in the case of a society, a member, appoints a proxyholder to attend and act on behalf of the shareholder, policyholder or member at a meeting of shareholders, policyholders or members; ( procuration ) proxyholder means the person appointed by proxy to attend