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O. Reg. 415/07: ASSESSMENT OF EXPENSES AND EXPENDITURES

filed July 27, 2007 under Financial Services Commission of Ontario Act, 1997, S.O. 1997, c. 28

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ontario regulation 415/07

made under the

financial services commission of ontario act, 1997

Made: July 25, 2007
Filed: July 27, 2007
Published on e-Laws: July 31, 2007
Printed in The Ontario Gazette: August 11, 2007

Amending O. Reg. 11/01

(Assessment of Expenses and Expenditures)

1. Subsection 3 (4) of Ontario Regulation 11/01 is amended by striking out “the Ontario Insurance Commission or”.

2. (1) The definition of “F” in paragraph 2 of subsection 4 (1) of the Regulation is amended by striking out “during the assessment period for the Commission’s Accident Benefits Analysis Unit” at the end and substituting “during the assessment period in respect of activities relating to automobile insurance policy and compliance matters”.

(2) The definition of “L” in paragraph 5 of subsection 4 (1) of the Regulation is amended by striking out “the Ontario Insurance Commission or”.

(3) The definition of “M” in paragraph 5 of subsection 4 (1) of the Regulation is amended by striking out “the Ontario Insurance Commission or”.

(4) The definition of “W” in paragraph 9 of subsection 4 (1) of the Regulation is amended by striking out “other than taxes paid under section 391 of the Insurance Act” and substituting “other than taxes paid under section 74.4 of the Corporations Tax Act”.

(5) Clause 4 (2) (c) of the Regulation is amended by striking out “the Ontario Insurance Commission or”.

(6) Clause 4 (2) (d) of the Regulation is amended by striking out “the Ontario Insurance Commission or”.

3. (1) The definition of “B” in subsection 10 (1) of the Regulation is amended by striking out “former members of the pension plan” and substituting “former members and other beneficiaries of the pension plan”.

(2) Subsection 10 (4) of the Regulation is amended by striking out “The number of members and former members of a pension plan” at the beginning and substituting “The number of members and the number of former members and other beneficiaries of a pension plan”.

4. This Regulation comes into force on the day it is filed.