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O. Reg. 230/14: ADMINISTRATIVE PENALTIES
filed November 27, 2014 under Insurance Act, R.S.O. 1990, c. I.8
Skip to contentontario regulation 230/14
made under the
Insurance Act
Made: November 26, 2014
Filed: November 27, 2014
Published on e-Laws: November 28, 2014
Printed in The Ontario Gazette: December 13, 2014
Amending O. Reg. 408/12
(ADMINISTRATIVE PENALTIES)
1. Section 2 of Ontario Regulation 408/12 is amended by striking out “Schedules 1 and 2” and substituting “Schedules 1, 2 and 2.1”.
2. Section 3 of the Regulation is amended by adding the following subsection:
(3) The maximum penalty that may be imposed under section 441.3 of the Act for a contravention of or failure to comply with a requirement imposed by a provision listed in Schedule 2.1 is $25,000.
3. Schedule 1 to the Regulation is amended by adding the following item:
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20.1 |
subsection 288.2 (1) |
4. The heading to Schedule 2 to the Regulation is revoked and the following substituted:
Schedule 2
general administrative penalties imposed under section 441.3 of the act — lesser maximum penalties prescribed by subsection 3 (2)
5. The Regulation is amended by adding the following Schedule:
schedule 2.1
general administrative penalties imposed under section 441.3 of the act — lesser maximum penalties prescribed by subsection 3 (3)
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Item |
Provision |
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1. |
section 3 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
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2. |
subsection 4 (1) of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
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3. |
subsection 4 (2) of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
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4. |
section 5 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
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5. |
section 6 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
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6. |
section 7 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
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7. |
section 8 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
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8. |
subsection 9 (1) of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
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9. |
subsection 10 (1) of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
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10. |
section 11 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
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11. |
section 12 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
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12. |
section 13 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
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13. |
section 13.1 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
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14. |
section 14 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
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15. |
section 15 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
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16. |
subsection 16 (2) of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
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17. |
section 17 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
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18. |
section 18 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
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19. |
section 2 of O. Reg. 349/13 (Service Providers — Principal Representatives) |
6. Schedule 3 to the Regulation is amended by adding the following items:
|
50. |
section 19 of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
$250 |
|
51. |
subsection 20 (1) of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
$250 |
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52. |
subsection 20 (2) of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
$250 |
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53. |
subsection 21 (1) of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
$1,000 |
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54. |
subsection 21 (2) of O. Reg. 90/14 (Service Providers — Standards for Business Systems and Practices) |
$1,000 |
Commencement
7. This Regulation comes into force on the later of December 1, 2014 and the day it is filed.