Section 1 (1) BEFORE amended by 2003-94-80, effective June 1, 2007 (BC Reg 166/2006).
(1) The Lieutenant Governor in Council may, by regulation, establish a program to provide financial assistance by way of government grant for the purpose of assisting persons aged 65 or older to pay basic premiums for universal compulsory automobile insurance under the Insurance (Motor Vehicle) Act for pleasure use of automobiles.
Section 1 (3) BEFORE amended by 2003-94-43,Sch, effective June 1, 2007 (BC Reg 166/2006).
(3) If a regulation under subsection (2) (b) applies,
(a) the government must pay the corporation for amounts so credited, and
(b) the corporation may, despite section 36 (1) of the Insurance (Motor Vehicle) Act, issue a valid certificate of insurance under that Act to a person aged 65 or older to whom the prescribed portion of the premium was credited.
Section 1 (1) BEFORE amended by 2018-19-35, effective May 17, 2018 (Royal Assent).
(1) The Lieutenant Governor in Council may, by regulation, establish a program to provide financial assistance by way of government grant for the purpose of assisting persons aged 65 or older to pay basic premiums for universal compulsory vehicle insurance under the Insurance (Vehicle) Act for the pleasure use of vehicles.