Acts and Regulations

M-17 - Motor Vehicle Act

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Waiver or cancellation of financial responsibility
289(1)Notwithstanding anything in this Act contained, the Minister may waive the requirements of filing proof of financial responsibility or may cancel any bond or return any certificate of insurance, or the Minister of Finance and Treasury Board may, at the request of the Minister, return any money or securities deposited pursuant to this Part, as proof of financial responsibility, at any time after one year from the date upon which such proof was required to be given, if no judgment is outstanding and unsatisfied in respect of personal injury or damage to property of four hundred dollars or more, resulting from the operation of a motor vehicle; a statutory declaration of the applicant under this section shall be sufficient evidence of the facts in the absence of evidence to the contrary in the records of the Registrar.
289(2)The Minister may direct the return of any bond, money, or securities, to the person who furnished the same, upon acceptance and substitution of other adequate proof of financial responsibility pursuant to this Part.
289(3)The Minister may direct the return of any bond, money, or securities deposited under this Part to the person who furnishes the same at any time after one year from the date of the expiration or surrender of the last motor vehicle privilege granted to such person, if no written notice has been received by the Registrar within such period of any action brought against such person in respect of the ownership, maintenance, or operation of a motor vehicle, and upon the filing by such person with the Registrar of a statutory declaration that such person no longer resides in New Brunswick, or that such person has made a bona fide sale of any and all motor vehicles owned by him, naming the purchaser thereof, and that he does not intend to own or operate any motor vehicle in New Brunswick within a period of one or more years.
1955, c.13, s.262; 1966, c.81, s.18; 1970, c.34, s.17; 1980, c.34, s.16; 1981, c.48, s.16; 1998, c.30, s.23; 2019, c.29, s.93
Waiver or cancellation of financial responsibility
289(1)Notwithstanding anything in this Act contained, the Minister may waive the requirements of filing proof of financial responsibility or may cancel any bond or return any certificate of insurance, or the Minister of Finance may, at the request of the Minister, return any money or securities deposited pursuant to this Part, as proof of financial responsibility, at any time after one year from the date upon which such proof was required to be given, if no judgment is outstanding and unsatisfied in respect of personal injury or damage to property of four hundred dollars or more, resulting from the operation of a motor vehicle; a statutory declaration of the applicant under this section shall be sufficient evidence of the facts in the absence of evidence to the contrary in the records of the Registrar.
289(2)The Minister may direct the return of any bond, money, or securities, to the person who furnished the same, upon acceptance and substitution of other adequate proof of financial responsibility pursuant to this Part.
289(3)The Minister may direct the return of any bond, money, or securities deposited under this Part to the person who furnishes the same at any time after one year from the date of the expiration or surrender of the last motor vehicle privilege granted to such person, if no written notice has been received by the Registrar within such period of any action brought against such person in respect of the ownership, maintenance, or operation of a motor vehicle, and upon the filing by such person with the Registrar of a statutory declaration that such person no longer resides in New Brunswick, or that such person has made a bona fide sale of any and all motor vehicles owned by him, naming the purchaser thereof, and that he does not intend to own or operate any motor vehicle in New Brunswick within a period of one or more years.
1955, c.13, s.262; 1966, c.81, s.18; 1970, c.34, s.17; 1980, c.34, s.16; 1981, c.48, s.16; 1998, c.30, s.23