Acts and Regulations

83-42 - General

Section 33
Disposition versions

Full text
33(1)Proof of financial responsibility, as required by subsection 275(3) of the Act, may be given in any one of the following forms:
(a) by the filing with the Registrar of Motor Vehicles of a Certificate of Insurance in Form 1 complying with the following requirements:
(i) the Certificate shall contain the written certification of a licensed insurer to the effect that there has been issued by the insurer to the owner of the vehicle for which registration is sought, a motor vehicle liability policy in a form approved by the Superintendent of Insurance for the purpose of this Regulation, which, at the date of the certification, is in full force and effect;
(ii) the Certificate shall designate, by explicit description or by other adequate reference, the motor vehicle to which the policy applies;
(iii) the Certificate shall certify that the policy shall not be cancelled or expire unless ten days prior notice in writing of such cancellation or expiry shall have been given to the Registrar of Motor Vehicles, P. O. Box 6000, Fredericton, New Brunswick, E3B 5H1; and
(iv) the Certificate shall certify that the policy insures such owner in respect of any one accident to the limit of at least one hundred thousand dollars exclusive of interest and costs, against liability to passengers for remuneration for loss or damage resulting from bodily injury to or the death of one or more such passengers or damage to their property or both;
(b) by the filing with the Registrar of Motor Vehicles of a bond, of a duly licensed guarantee insurance or surety company or of a bond with personal sureties, complying with the following requirements:
(i) the bond shall be approved as adequate security hereunder upon application to a Judge of the Court of King’s Bench in a form approved by the Registrar;
(ii) the bond shall not be cancelled or expire except after ten days written notice to the Registrar, but not after the happening of the event occasioning the injury or damage with respect to which the bond is given; and
(iii) the bond shall be in the amount of one hundred thousand dollars in respect of any one accident; or
(c) by the filing with the Registrar of Motor Vehicles of a Certificate of the Minister of Finance and Treasury Board to the effect that the owner of the motor vehicle had deposited with him a sum of money or securities for money approved by him in the amount or value of one hundred thousand dollars.
33(2)The Minister of Finance and Treasury Board may accept any such deposits as are made to him pursuant to paragraph (1) (c) and issue a certificate therefor if such deposit is accompanied by evidence that there are no unsatisfied executions against the depositor registered in the office of the Sheriff for the County or District in which the depositor resides.
2019, c.29, s.94; 2023, c.17, s.163
33(1)Proof of financial responsibility, as required by subsection 275(3) of the Act, may be given in any one of the following forms:
(a) by the filing with the Registrar of Motor Vehicles of a Certificate of Insurance in Form 1 complying with the following requirements:
(i) the Certificate shall contain the written certification of a licensed insurer to the effect that there has been issued by the insurer to the owner of the vehicle for which registration is sought, a motor vehicle liability policy in a form approved by the Superintendent of Insurance for the purpose of this Regulation, which, at the date of the certification, is in full force and effect;
(ii) the Certificate shall designate, by explicit description or by other adequate reference, the motor vehicle to which the policy applies;
(iii) the Certificate shall certify that the policy shall not be cancelled or expire unless ten days prior notice in writing of such cancellation or expiry shall have been given to the Registrar of Motor Vehicles, P. O. Box 6000, Fredericton, New Brunswick, E3B 5H1; and
(iv) the Certificate shall certify that the policy insures such owner in respect of any one accident to the limit of at least one hundred thousand dollars exclusive of interest and costs, against liability to passengers for remuneration for loss or damage resulting from bodily injury to or the death of one or more such passengers or damage to their property or both;
(b) by the filing with the Registrar of Motor Vehicles of a bond, of a duly licensed guarantee insurance or surety company or of a bond with personal sureties, complying with the following requirements:
(i) the bond shall be approved as adequate security hereunder upon application to a Judge of the Court of Queen’s Bench in a form approved by the Registrar;
(ii) the bond shall not be cancelled or expire except after ten days written notice to the Registrar, but not after the happening of the event occasioning the injury or damage with respect to which the bond is given; and
(iii) the bond shall be in the amount of one hundred thousand dollars in respect of any one accident; or
(c) by the filing with the Registrar of Motor Vehicles of a Certificate of the Minister of Finance and Treasury Board to the effect that the owner of the motor vehicle had deposited with him a sum of money or securities for money approved by him in the amount or value of one hundred thousand dollars.
33(2)The Minister of Finance and Treasury Board may accept any such deposits as are made to him pursuant to paragraph (1) (c) and issue a certificate therefor if such deposit is accompanied by evidence that there are no unsatisfied executions against the depositor registered in the office of the Sheriff for the County or District in which the depositor resides.
2019, c.29, s.94
33(1)Proof of financial responsibility, as required by subsection 275(3) of the Act, may be given in any one of the following forms:
(a) by the filing with the Registrar of Motor Vehicles of a Certificate of Insurance in Form 1 complying with the following requirements:
(i) the Certificate shall contain the written certification of a licensed insurer to the effect that there has been issued by the insurer to the owner of the vehicle for which registration is sought, a motor vehicle liability policy in a form approved by the Superintendent of Insurance for the purpose of this Regulation, which, at the date of the certification, is in full force and effect;
(ii) the Certificate shall designate, by explicit description or by other adequate reference, the motor vehicle to which the policy applies;
(iii) the Certificate shall certify that the policy shall not be cancelled or expire unless ten days prior notice in writing of such cancellation or expiry shall have been given to the Registrar of Motor Vehicles, P. O. Box 6000, Fredericton, New Brunswick, E3B 5H1; and
(iv) the Certificate shall certify that the policy insures such owner in respect of any one accident to the limit of at least one hundred thousand dollars exclusive of interest and costs, against liability to passengers for remuneration for loss or damage resulting from bodily injury to or the death of one or more such passengers or damage to their property or both;
(b) by the filing with the Registrar of Motor Vehicles of a bond, of a duly licensed guarantee insurance or surety company or of a bond with personal sureties, complying with the following requirements:
(i) the bond shall be approved as adequate security hereunder upon application to a Judge of the Court of Queen’s Bench in a form approved by the Registrar;
(ii) the bond shall not be cancelled or expire except after ten days written notice to the Registrar, but not after the happening of the event occasioning the injury or damage with respect to which the bond is given; and
(iii) the bond shall be in the amount of one hundred thousand dollars in respect of any one accident; or
(c) by the filing with the Registrar of Motor Vehicles of a Certificate of the Minister of Finance to the effect that the owner of the motor vehicle had deposited with him a sum of money or securities for money approved by him in the amount or value of one hundred thousand dollars.
33(2)The Minister of Finance may accept any such deposits as are made to him pursuant to paragraph (1) (c) and issue a certificate therefor if such deposit is accompanied by evidence that there are no unsatisfied executions against the depositor registered in the office of the Sheriff for the County or District in which the depositor resides.
33(1)Proof of financial responsibility, as required by subsection 275(3) of the Act, may be given in any one of the following forms:
(a) by the filing with the Registrar of Motor Vehicles of a Certificate of Insurance in Form 1 complying with the following requirements:
(i) the Certificate shall contain the written certification of a licensed insurer to the effect that there has been issued by the insurer to the owner of the vehicle for which registration is sought, a motor vehicle liability policy in a form approved by the Superintendent of Insurance for the purpose of this Regulation, which, at the date of the certification, is in full force and effect;
(ii) the Certificate shall designate, by explicit description or by other adequate reference, the motor vehicle to which the policy applies;
(iii) the Certificate shall certify that the policy shall not be cancelled or expire unless ten days prior notice in writing of such cancellation or expiry shall have been given to the Registrar of Motor Vehicles, P. O. Box 6000, Fredericton, New Brunswick, E3B 5H1; and
(iv) the Certificate shall certify that the policy insures such owner in respect of any one accident to the limit of at least one hundred thousand dollars exclusive of interest and costs, against liability to passengers for remuneration for loss or damage resulting from bodily injury to or the death of one or more such passengers or damage to their property or both;
(b) by the filing with the Registrar of Motor Vehicles of a bond, of a duly licensed guarantee insurance or surety company or of a bond with personal sureties, complying with the following requirements:
(i) the bond shall be approved as adequate security hereunder upon application to a Judge of the Court of Queen’s Bench in a form approved by the Registrar;
(ii) the bond shall not be cancelled or expire except after ten days written notice to the Registrar, but not after the happening of the event occasioning the injury or damage with respect to which the bond is given; and
(iii) the bond shall be in the amount of one hundred thousand dollars in respect of any one accident; or
(c) by the filing with the Registrar of Motor Vehicles of a Certificate of the Minister of Finance to the effect that the owner of the motor vehicle had deposited with him a sum of money or securities for money approved by him in the amount or value of one hundred thousand dollars.
33(2)The Minister of Finance may accept any such deposits as are made to him pursuant to paragraph (1) (c) and issue a certificate therefor if such deposit is accompanied by evidence that there are no unsatisfied executions against the depositor registered in the office of the Sheriff for the County or District in which the depositor resides.