Acts and Regulations

I-12 - Insurance Act

Section 3
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Full text
Duties of Superintendent, Deputy Superintendents and duties
3(1)Subject to the direction of the Financial and Consumer Services Commission, the Superintendent shall have general supervision of the business of insurance within the Province, see that the laws relating to the business of insurance are enforced and obeyed, and report to the Financial and Consumer Services Commission on all matters connected with the business of insurance.
3(2)The Financial and Consumer Services Commission may appoint Deputy Superintendents of Insurance who shall perform the duties that are assigned to them by this Act, the Commission or the Superintendent.
1968, c.6, s.3; 1974, c.22 (Supp.), s.2; 2013, c.31, s.20
Superintendent of insurance
3(1)Subject to the direction of the Financial and Consumer Services Commission, the Superintendent shall have general supervision of the business of insurance within the Province, see that the laws relating to the business of insurance are enforced and obeyed, and report to the Financial and Consumer Services Commission on all matters connected with the business of insurance.
3(2)The Financial and Consumer Services Commission may appoint Deputy Superintendents of Insurance who shall perform the duties that are assigned to them by this Act, the Commission or the Superintendent.
1968, c.6, s.3; 1974, c.22(Supp.), s.2; 2013, c.31, s.20
Superintendent of insurance
3(1)The Lieutenant-Governor in Council may appoint an officer to be called the Superintendent of Insurance, who shall be paid such salary as is provided by the Lieutenant-Governor in Council.
3(2)The Superintendent shall, subject to the direction of the Minister, have general supervision of the business of insurance within the Province, see that the laws relating thereto are enforced and obeyed, and report to the Minister from time to time upon all matters connected therewith.
3(3)The Lieutenant-Governor in Council may appoint Deputy Superintendents of Insurance who shall perform the duties that are assigned to them by this Act, the Lieutenant-Governor in Council, the Minister or the Superintendent.
3(3.1)Where the Superintendent is unable to act because of illness, absence from his office or any other reason, the Minister or the Superintendent may designate a Deputy Superintendent of Insurance to act as Superintendent.
3(4)The Lieutenant-Governor in Council may appoint such officers and clerks under the Superintendent as are necessary for the purposes of this Act.
1968, c.6, s.3; 1974, c.22(Supp.), s.2