Facility Association
121(1)Every insurer licensed under this Act for automobile insurance is a member of the Facility Association and shall be bound by the articles of association and by-laws of the Facility Association.
121(2)The Facility Association shall, in its articles of association or by-laws and in terms not inconsistent with this Act, establish a plan to be known as the Plan of Operation
(a)
to provide automobile insurance to owners and licensed operators of automobiles who, but for the Plan of Operation, would be unable to obtain such insurance, and
(b)
to provide, in accordance with sections 266.1 to 266.993, payment with respect to claims for damages made by persons who are not insured under a contract within the meaning of section 255 and who have no other insurance, or who have other insurance that is inadequate, with respect to the damages claimed,
and shall, in accordance with those articles of association or by-laws and this Act, establish and implement the Plan of Operation and carry out its obligations in the Province with respect to that Plan.
1968, c.6, s.121; 1989, c.17, s.2