Search Results | Clear Search | Previous (in doc) | Next (in doc) | Prev Doc | Next Doc

"Point in Time" Regulation Content

Financial Institutions Act

Insurer Exemption Regulation

B.C. Reg. 366/2007

NOTE: Links below go to regulation content as it was prior to the changes made on the effective date. (PIT covers changes made from September 19, 2009 to "current to" date of the regulation.)
SECTIONEFFECTIVE DATE
Title January 1, 2010
Section 2.1 March 30, 2022
Section 4 July 14, 2025
Section 5 January 30, 2013
Section 9 January 1, 2010
Section 10 January 1, 2010
November 19, 2010
Section 11 November 19, 2010
July 1, 2012

 Regulation title BEFORE amended by BC Reg 299/2009, effective January 1, 2010.

INSURANCE EXEMPTION REGULATION

 Section 2.1 (c) (iii) BEFORE amended by BC Reg 76/2022, effective March 30, 2022.

(iii) governed or administered by an archbishop, bishop or cardinal in his role as an archbishop, bishop or cardinal ordained by and in the service of the Catholic Church;

 Section 4 was renumbered as 4 (1) by BC Reg 116/2025, effective July 14, 2025.

 Section 4 (1) (a.1) was added by BC Reg 116/2025, effective July 14, 2025.

 Section 4 (2), (3) and (4) were added by BC Reg 116/2025, effective July 14, 2025.

 Section 5 (1) definition of "employer", paragraph (b) BEFORE amended by BC Reg 22/2013, effective January 30, 2013.

(b) a union or group of employers, and

 Section 9 was enacted by BC Reg 299/2009, effective January 1, 2010.

 Section 10 was enacted by BC Reg 299/2009, effective January 1, 2010.

 Section 10 BEFORE amended by BC Reg 326/2010, effective November 19, 2010.

 Extraprovincial insurance corporation — reinsurance

10  Parts 1 to 6 of the Act do not apply to an extraprovincial insurance corporation whose insurance business in British Columbia is confined to reinsurance of persons referred to in section 75 (a) to (c) or (e) to (i) of the Act or in sections 1 to 6 of this regulation.

[en. B.C. Reg. 299/2009, Sch. 2, s. 1 (b).]

 Section 11 was enacted by BC Reg 326/2010, effective November 19, 2010.

 Section 11 (1) BEFORE amended by BC Reg 204/2011, effective July 1, 2012.

(1)  In this section, "marine insurance" means marine insurance as defined in section 2 of the Insurance Classes Regulation, B.C. Reg. 337/90, but does not include "pleasure craft insurance" as defined in the Insurance Premium Tax Act.