121.3(1)The Facility Association shall file with the Board the rates that it proposes to charge for automobile insurance placed through the Facility Association.

121.3(2)The Board may, if not satisfied that the rates proposed are just and reasonable, by order fix such other rates as it finds to be just and reasonable.

121.3(2.1)Where the Facility Association wishes to make a change in the rates approved under this section, it shall make an application to the Board for approval of the change in the rates and the Board, if not satisfied that the rates proposed are just and reasonable, may by order fix such other rates as it finds to be just and reasonable.

121.3(2.11)In an application regarding rates, the burden of proof is on the applicant.

121.3(2.2)The Board may at any time require the Facility Association to provide information relating to rates filed under subsection (1) or to an application for approval of a change in rates under subsection (2.1).

121.3(4)The Board may at any time investigate the rates charged for automobile insurance placed through the Facility Association, and notwithstanding approval of those rates, may order the Facility Association to make any changes the Board considers proper.

121.3(5)The Facility Association shall not, and a member of the Facility Association shall not, charge any rates for automobile insurance placed through the Facility Association that have not been approved by the Board in accordance with this section.

121.3(5.11)Where a member of the Facility Association is convicted of an offence under subsection (5), the Superintendent may suspend or cancel the licence of the member.

121.3(5.2)Sections 267.8 and 267.9 and the regulations under section 267.9 apply with the necessary modifications to the Facility Association and to any filing under this section.

121.3(1)The Facility Association shall file with the Board the rates that it proposes to charge for automobile insurance placed through the Facility Association.

121.3(2)The Board may, if not satisfied that the rates proposed are just and reasonable, by order fix such other rates as it finds to be just and reasonable.

121.3(2.1)Where the Facility Association wishes to make a change in the rates approved under this section, it shall make an application to the Board for approval of the change in the rates and the Board, if not satisfied that the rates proposed are just and reasonable, may by order fix such other rates as it finds to be just and reasonable.

121.3(2.11)In an application regarding rates, the burden of proof is on the applicant.

121.3(2.2)The Board may at any time require the Facility Association to provide information relating to rates filed under subsection (1) or to an application for approval of a change in rates under subsection (2.1).

121.3(4)The Board may at any time investigate the rates charged for automobile insurance placed through the Facility Association, and notwithstanding approval of those rates, may order the Facility Association to make any changes the Board considers proper.

121.3(5)The Facility Association shall not, and a member of the Facility Association shall not, charge any rates for automobile insurance placed through the Facility Association that have not been approved by the Board in accordance with this section.

121.3(5.11)Where a member of the Facility Association is convicted of an offence under subsection (5), the Minister may suspend or cancel the licence of the member.

121.3(5.2)Sections 267.8 and 267.9 and the regulations under section 267.9 apply with the necessary modifications to the Facility Association and to any filing under this section.

121.3(1)The Facility Association shall file with the Board the rates that it proposes to charge for automobile insurance placed through the Facility Association.

121.3(2)The Board may, if not satisfied that the rates proposed are just and reasonable, by order fix such other rates as it finds to be just and reasonable.

121.3(2.1)Where the Facility Association wishes to make a change in the rates approved under this section, it shall make an application to the Board for approval of the change in the rates and the Board, if not satisfied that the rates proposed are just and reasonable, may by order fix such other rates as it finds to be just and reasonable.

121.3(2.11)In an application regarding rates, the burden of proof is on the applicant.

121.3(2.2)The Board may at any time require the Facility Association to provide information relating to rates filed under subsection (1) or to an application for approval of a change in rates under subsection (2.1).

121.3(4)The Board may at any time investigate the rates charged for automobile insurance placed through the Facility Association, and notwithstanding approval of those rates, may order the Facility Association to make any changes the Board considers proper.

121.3(5)The Facility Association shall not, and a member of the Facility Association shall not, charge any rates for automobile insurance placed through the Facility Association that have not been approved by the Board in accordance with this section.

121.3(5.1)A violation of subsection (5) by the Facility Association or a member of the Facility Association constitutes an offence and the Facility Association or the member, as the case may be, is liable upon conviction to a fine of not less than two hundred and fifty dollars and not more than five thousand dollars.

121.3(5.11)Where a member of the Facility Association is convicted of an offence under subsection (5), the Minister may suspend or cancel the licence of the member.

121.3(5.2)Sections 267.8 and 267.9 and the regulations under section 267.9 apply with the necessary modifications to the Facility Association and to any filing under this section.