GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
Policyholders Disclosure Regulations — 2
2 A policy respecting participating policy dividends and bonuses established under paragraph 165(2)(e) of the Act shall include the following information: (a) a statement indicating (i) that the dividends or bonuses are declared at the discretion of the board of directors of the company, and (ii) that the company’s policy respecting participating policy dividends and bonuses may be amended from time to time at the discretion of the board of directors of the company; (b) the frequency with which experience and dividend and bonus scales are examined and, if necessary, adjusted, and the principal factors that, in the opinion of the board of directors of the company, would be expected to affect the amount of the dividends and bonuses declared under section 464 of the Act; (c) the principal factors that might cause the board of directors of the company to review its policy respecting participating policy dividends and bonuses; (d) a description of the basis upon which dividends and bonuses are allocated among different classes of participating policies; (e) a description of the principal sources of income considered for the purpose of declaring dividends and bonuses and, in the case of a mutual company, if income other than income derived from the participating business of the company is not considered, the use to which that other income is put; and (f) a description of how specific policyholder behaviour is reflected in the dividend or bonus scale.
Policyholders Disclosure Regulations — 3
3 A participating account management policy established under paragraph 165(2)(e.1) of the Act shall include the following information: (a) a description of the participating account and its associated policies; (b) a description of the investment policy for the participating account; (c) a description of the method, under section 457 of the Act, for allocating investment income to the participating account; (d) a description of the method, under section 458 of the Act, for allocating expenses, including taxes, to the participating account; (e) a description of the company’s approach in respect of managing and using the surplus, if any, in the participating account; (f) the principal factors that might cause the board of directors of the company to change the policy; (g) if the company does not accept new business in the participating account, information on how the company would manage and dispose of the surplus, if any, in the participating account; (h) in the case of a converted company under section 237 of the Act, the measures taken by the company to ensure fairness to participating policyholders whose policies form part of a closed block; and (i) the percentage that the amount that the company intends to transfer to shareholders or a shareholder account of the company out of the company’s participating accounts in a financial year in accordance with section 461 of the Act represents of the total amount that the company intends to transfer to shareholders or a shareholder account of the company and participating policyholders from those participating accounts in that year in accordance with that section.
Policyholders Disclosure Regulations — 4
4 For the purpose of paragraph 331(1)(a.1) of the Act, a company that has participating policyholders must provide the following information: (a) a summary of all the information required under sections 2 and 3; (b) a statement of changes for each participating account for the two financial years immediately preceding the annual meeting, showing such information and particulars as in the opinion of the directors of the company are necessary to present fairly, in accordance with the accounting principles referred to in subsection 331(4) of the Act, the financial position of the account as at the end of each financial year to which the statement relates and the results of the operations and changes in the financial position of the account for each financial year; (c) the surplus in each participating account of the company for the two financial years immediately preceding the annual meeting; (d) in the case of a converted company under section 237 of the Act, the amount by which the value of the assets in a closed block exceeds the amount of the policy liabilities in that closed block; (e) the amounts from each participating account that are invested in segregated funds of the company or its subsidiaries, and the performance of those funds for the two financial years immediately preceding the annual meeting, if applicable; (f) the actual amounts that have been transferred to shareholders or a shareholder account of the company out of the company’s participating accounts in accordance with section 461 of the Act in the two financial years immediately preceding the annual meeting; (g) the percentage that the amounts referred to in paragraph (f) represent of the total amount paid to shareholders or a shareholder account of the company and participating policyholders from the company’s participating accounts in accordance with section 461 of the Act, which, in the case of a converted company under section 237 of the Act, shall be calculated without taking into account any amounts paid out of a closed block, in the corresponding financial year; (h) a statement that the company’s policies referred to in sections 2 and 3 are available on request to a shareholder or participating policyholder and, on payment of a reasonable fee, to any other person; and (i) information on the manner in which the company’s policies referred to in sections 2 and 3 may be obtained from the company.
Policyholders Disclosure Regulations — 5
5 If a company sends to participating policyholders the information required under section 4 it must include, with its annual financial statement to shareholders, a notice indicating how to proceed if the shareholder wishes to obtain a copy of the information from the company.
Policyholders Disclosure Regulations — 6
6 For the purpose of the definition adjustable policy in subection 2(1) of the Act, that term means an individual life insurance policy, other than a participating policy, that is issued by a life company and for which the company may at its sole discretion directly or indirectly change the premium or charge for insurance, the amount of insurance or the policy’s surrender value, but does not include (a) a policy under which the premium or charge for insurance, amounts of insurance and surrender values are stated in the policy or a schedule to the policy, or can be determined under the terms of the policy or a schedule to the policy; (b) a group insurance policy including a creditor’s group insurance policy; (c) an annuity contract, including a deferred annuity or a savings, investment or capital accumulation plan under which the life company has undertaken to provide an annuity; or (d) a reinsurance policy.
Policyholders Disclosure Regulations — 7
7 For the purpose of subsection 464.1(2) of the Act, where a change has been made in an adjustable policy in the preceding 12 months, the company shall, no later than the end of the 30-day period following the policy anniversary that falls immediately after that 12-month period, send a notice to the policyholder containing a brief summary of the change.
Policyholders Disclosure Regulations — 8
8 These Regulations come into force on June 1, 2011.
Exemption for Public Notices or Documents (Trust and Loan Companies) Regulations — a
His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to subsection 531(1) a and section 539.14 b of the Trust and Loan Companies Act c , hereby makes the annexed Exemption for Public Notices or Documents (Trust and Loan Companies) Regulations . a S.C. 2005, c. 54, s. 449 b S.C. 2005, c. 54, s. 452 c S.C. 1991, c. 45
Exemption for Public Notices or Documents (Trust and Loan Companies) Regulations — 1
1 In these Regulations, Act means the Trust and Loan Companies Act .
Exemption for Public Notices or Documents (Trust and Loan Companies) Regulations — 2
2 For the purpose of section 539.14 of the Act, the prescribed circumstances are that the exemption does not prejudice any of the shareholders or the public interest.
Exemption for Public Notices or Documents (Trust and Loan Companies) Regulations — 3
3 These Regulations come into force on June 1, 2011.
Exemption for Public Notices or Documents (Insurance Companies and Insurance Holding Companies) Regulations — a
His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to subsection 1021(1) a and section 1047 b of the Insurance Companies Act c , hereby makes the annexed Exemption for Public Notices or Documents Regulations (Insurance Companies and Insurance Holding Companies) Regulations . a S.C. 2005, c. 54, s. 364 b S.C. 2005, c. 54, s. 367 c S C. 1991, c. 47
Exemption for Public Notices or Documents (Insurance Companies and Insurance Holding Companies) Regulations — 1
1 In these Regulations, Act means the Insurance Companies Act .
Exemption for Public Notices or Documents (Insurance Companies and Insurance Holding Companies) Regulations — 2
2 For the purpose of section 1047 of the Act, the prescribed circumstances are that the exemption does not prejudice any of the shareholders or policyholders entitled to vote or the public interest.
Exemption for Public Notices or Documents (Insurance Companies and Insurance Holding Companies) Regulations — 3
3 These Regulations come into force on June 1, 2011.
Exemption for Public Notices or Documents (Cooperative Credit Associations) Regulations — a
His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to subsection 463(1) a and section 487.14 b of the Cooperative Credit Associations Act c , hereby makes the annexed Exemption for Public Notices or Documents Regulations (Cooperative Credit Associations) Regulations . a S.C. 2005, c. 54, s. 208 b S C. 2005, c. 54, s. 212 c S.C. 1991, c. 48
Exemption for Public Notices or Documents (Cooperative Credit Associations) Regulations — 1
1 In these Regulations, Act means the Cooperative Credit Associations Act .
Exemption for Public Notices or Documents (Cooperative Credit Associations) Regulations — 2
2 For the purpose of section 487.14 of the Act, the prescribed circumstances are that the exemption does not prejudice any of the members or the shareholders or the public interest.
Exemption for Public Notices or Documents (Cooperative Credit Associations) Regulations — 3
3 These Regulations come into force on June 1, 2011.
Exemption for Public Notices or Documents (Banks and Bank Holding Companies) Regulations — a
His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to subsection 978(1) a and section 1005 b of the Bank Act c , hereby makes the annexed Exemption for Public Notices or Documents (Banks and Bank Holding Companies) Regulations . a S.C. 2005, c. 54, s. 135 b S.C. 2005, c. 54, s. 138 c S.C. 1991, c. 46
Exemption for Public Notices or Documents (Banks and Bank Holding Companies) Regulations — 1
1 In these Regulations, Act means the Bank Act .
Exemption for Public Notices or Documents (Banks and Bank Holding Companies) Regulations — 2
2 For the purpose of section 1005 of the Act, the prescribed circumstances are that the exemption does not prejudice any of the shareholders or the public interest.
Exemption for Public Notices or Documents (Banks and Bank Holding Companies) Regulations — 3
3 These Regulations come into force on June 1, 2011.
Electronic Documents (Banks and Bank Holding Companies) Regulations  — a
His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to subsection 978(1) a and sections 993 b , 995 b , 996 b , 998 b , 1002 b and 1003 b of the Bank Act c , hereby makes the annexed Electronic Documents (Banks and Bank Holding Companies) Regulations . a S.C. 2005, c. 54, s. 135 b S.C. 2005, c. 54, s. 138 c S.C. 1991, c. 46
Electronic Documents (Banks and Bank Holding Companies) Regulations  — 1
1 In these Regulations, Act means the Bank Act .
Electronic Documents (Banks and Bank Holding Companies) Regulations  — 2
2 For the purpose of section 993 of the Act, the prescribed notices, documents or other information is that referred to in sections 82 to 135 of the Act.
Electronic Documents (Banks and Bank Holding Companies) Regulations  — 3
3 Notices, documents or other information provided by the originator or the person acting for the originator under these Regulations must be made in a language and presented in a manner that is clear, simple and not misleading.
Electronic Documents (Banks and Bank Holding Companies) Regulations  — 4
4 (1) For the purpose of paragraph 995(1)(b) of the Act, an electronic document need not be provided to the designated information system if (a) the electronic document is posted on or made available through a generally accessible electronic source, such as a website; and (b) the addressee is provided in writing with a notice, in paper or electronic form, of the availability and location of the electronic document. (2) Subsection (1) does not apply to a notice, document or other information referred to in section 8.
Electronic Documents (Banks and Bank Holding Companies) Regulations  — 5
5 (1) For the purpose of paragraph 995(1)(c) of the Act, the addressee may consent in writing, in paper or electronic form, or orally. (2) Before an addressee consents in writing, the originator or the person acting for the originator must notify the addressee in writing, in paper or electronic form, (a) that the addressee may revoke their consent at any time; (b) that the addressee is responsible for informing the originator of any changes the addressee makes to the designated information system including any changes made to the contact information related to the designated information system; (c) that any electronic documents will be retained for the period specified in the notice and made available to the addressee and that the addressee is responsible for retaining a copy of the document; and (d) of when the consent takes effect. (3) [Repealed, SOR/2020-47, s. 15] (4) If the addressee’s consent is provided in writing, in paper or electronic form, it must include the name of the information system designated by the addressee for the receipt of the electronic document and a list, in paper or electronic form, of the notices, documents or other information that is covered by the consent. (5) If the addressee’s consent is provided orally, the originator or the person acting for the originator shall provide the addressee in writing, in paper or electronic form, with the information referred to in subsection (2) and confirm the information referred to in subsection (4). (6) If the addressee is providing consent for the provision of an electronic document on a one-time basis, subsection (2) does not apply. SOR/2020-47, s. 15
Electronic Documents (Banks and Bank Holding Companies) Regulations  — 6
6 (1) An addressee may revoke their consent in writing, in paper or electronic form, or orally. (2) If the addressee revokes their consent, the originator or the person acting for the originator must provide the addressee with confirmation, in writing, in paper or electronic form, of the revocation specifying when revocation of consent takes effect. (3) [Repealed, SOR/2020-47, s. 16] SOR/2020-47, s. 16
Electronic Documents (Banks and Bank Holding Companies) Regulations  — 7
7 For the purpose of paragraphs 996(b) and 998(b) of the Act, if several addressees are to be provided with a notice, document or other information, they are to be provided with it concurrently.
Electronic Documents (Banks and Bank Holding Companies) Regulations  — 8
8 If a notice, document or other information is required under the Act to be sent to a specific place, an electronic document may be sent instead to an information system designated by the addressee for the receipt of the electronic document.
Electronic Documents (Banks and Bank Holding Companies) Regulations  — 9
9 An electronic document is considered to have been provided to an addressee (a) when it leaves an information system within the control of the originator or the person acting for the originator; or (b) when it is posted on or made available through the secure website of the originator.
Electronic Documents (Banks and Bank Holding Companies) Regulations  — 10
10 (1) In the case of a document provided under section 9, the originator or the person acting for the originator must mail a paper copy of the electronic document to the addressee’s recorded address if they have reason to believe that the addressee may not have received it. (2) Subsection (1) does not affect when the electronic document is considered to have been provided under section 9.
Electronic Documents (Banks and Bank Holding Companies) Regulations  — 11
11 An electronic document is considered to have been received (a) when it enters the information system designated by the addressee; (b) when it is posted on or made available through the secure website of the originator; or (c) when the notice referred to in paragraph 4(1)(b) is received by the addressee.
Electronic Documents (Banks and Bank Holding Companies) Regulations  — 12
12 A signature referred to in section 1002 of the Act may be an electronic signature and must consist of one or more letters, characters, numbers or other symbols in digital form incorporated in, attached to or associated with an electronic document.
Electronic Documents (Banks and Bank Holding Companies) Regulations  — 13
13 These Regulations come into force on June 1, 2011.
Electronic Documents (Trust and Loan Companies) Regulations — a
His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to subsection 531(1) a and sections 539.02 b , 539.04 b , 539.05 b , 539.07 b , 539.11 b and 539.12 b of the Trust and Loan Companies Act c , hereby makes the annexed Electronic Documents (Trust and Loan Companies) Regulations . a S.C. 2005, c. 54, s. 449 b S.C. 2005, c. 54, s. 452 c S.C. 1991, c. 45
Electronic Documents (Trust and Loan Companies) Regulations — 1
1 In these Regulations, Act means the Trust and Loan Companies Act .
Electronic Documents (Trust and Loan Companies) Regulations — 2
2 For the purpose of section 539.02 of the Act, the prescribed notices, documents or other information is that referred to in sections 85 to 138 of the Act.
Electronic Documents (Trust and Loan Companies) Regulations — 3
3 Notices, documents or other information provided by the originator or the person acting for the originator under these Regulations must be made in a language and presented in a manner that is clear, simple and not misleading.
Electronic Documents (Trust and Loan Companies) Regulations — 4
4 (1) For the purpose of paragraph 539.04(1)(b) of the Act, an electronic document need not be provided to the designated information system if (a) the electronic document is posted on or made available through a generally accessible electronic source, such as a website; and (b) the addressee is provided in writing with a notice, in paper or electronic form, of the availability and location of the electronic document. (2) Subsection (1) does not apply to a notice, document or other information referred to in section 8.
Electronic Documents (Trust and Loan Companies) Regulations — 5
5 (1) For the purpose of paragraph 539.04(1)(c) of the Act, the addressee may consent in writing, in paper or electronic form, or orally. (2) Before an addressee consents in writing, the originator or the person acting for the originator must notify the addressee in writing, in paper or electronic form, (a) that the addressee may revoke their consent at any time; (b) that the addressee is responsible for informing the originator of any changes the addressee makes to the designated information system including any changes made to the contact information related to the designated information system; (c) that any electronic documents will be retained for the period specified in the notice and made available to the addressee and that the addressee is responsible for retaining a copy of the document; and (d) of when the consent takes effect. (3) [Repealed, SOR/2020-47, s. 40] (4) If the addressee’s consent is provided in writing, in paper or electronic format, it must include the name of the information system designated by the addressee for the receipt of the electronic document and a list, in paper or electronic form, of the notices, documents or other information that is covered by the consent. (5) If the addressee’s consent is provided orally, the originator or the person acting for the originator shall provide the addressee in writing, in paper or electronic form, with the information referred to in subsection (2) and confirm the information referred to in subsection (4). (6) If the addressee is providing consent for the provision of an electronic document on a one-time basis, subsection (2) does not apply. SOR/2020-47, s. 40
Electronic Documents (Trust and Loan Companies) Regulations — 6
6 (1) An addressee may revoke their consent in writing, in paper or electronic form, or orally. (2) If the addressee revokes their consent, the originator or the person acting for the originator must provide the addressee with confirmation, in writing, in paper or electronic form, of the revocation specifying when revocation of consent takes effect. (3) [Repealed, SOR/2020-47, s. 41] SOR/2020-47, s. 41
Electronic Documents (Trust and Loan Companies) Regulations — 7
7 For the purpose of paragraphs 539.05(b) and 539.07(b) of the Act, if several addressees are to be provided with a notice, document or other information, they are to be provided with it concurrently.
Electronic Documents (Trust and Loan Companies) Regulations — 8
8 If a notice, document or other information is required under the Act to be sent to a specific place, an electronic document may be sent instead to an information system designated by the addressee for the receipt of the electronic document.
Electronic Documents (Trust and Loan Companies) Regulations — 9
9 An electronic document is considered to have been provided to an addressee (a) when it leaves an information system within the control of the originator or the person acting for the originator; or (b) when it is posted on or made available through the secure website of the originator.
Electronic Documents (Trust and Loan Companies) Regulations — 10
10 (1) In the case of a document provided under section 9, the originator or the person acting for the originator must mail a paper copy of the electronic document to the addressee’s recorded address if they have reason to believe that the addressee may not have received it. (2) Subsection (1) does not affect when the electronic document is considered to have been provided under section 9.
Electronic Documents (Trust and Loan Companies) Regulations — 11
11 An electronic document is considered to have been received (a) when it enters the information system designated by the addressee; (b) when it is posted on or made available through the secure website of the originator; or (c) when the notice referred to in paragraph 4(1)(b) is received by the addressee.
Electronic Documents (Trust and Loan Companies) Regulations — 12
12 A signature referred to in section 539.11 of the Act may be an electronic signature and must consist of one or more letters, characters, numbers or other symbols in digital form incorporated in, attached to or associated with an electronic document.
Electronic Documents (Trust and Loan Companies) Regulations — 13
13 These Regulations come into force on June 1, 2011.
Electronic Documents (Insurance and Insurance Holding Companies) Regulations — a
His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to subsection 1021(1) a and sections 1035 b , 1037 b , 1038 b , 1040 b , 1044 b and 1045 b of the Insurance Companies Act c , hereby makes the annexed Electronic Documents (Insurance and Insurance Holding Companies) Regulations . a S.C. 2005, c. 54, s. 364 b S.C. 2005, c. 54, s. 367 c S.C. 1991, c. 47