Compliance with certain provisions
365 Compliance with certain provisions
It is a condition of an MAI insurer licence that the licensed insurer complies with the following provisions:
section 66 (Accepting liability—payment of defined benefits);
section 315 (Premium that can be charged by licensed insurer);
section 317 (Licensed insurer to apply for approval of premiums);
section 401 (Licensed insurer to have business plan);
section 402 (Licensed insurer to comply with business plan);
section 403 (Licensed insurer to revise business plan);
section 405 (Reinsurance arrangements of licensed insurers);
section 412A (Notice of reportable conduct).
This Act’s bill:Explanatory statementSecond reading speech
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