May 29, 1936 (18th Parliament, 1st Session)

LIB

Charles Avery Dunning (Minister of Finance and Receiver General)

Liberal

Mr. DUNNING:

The intention of subsection 2 is to avoid any interference with investments which have been made under the provisions of the act after 1927 down to date. I am advised they are very small, but in the absence of subsection 2 there would
be very grave question as to how the companies would stand in relation to them.

Topic:   CANADIAN AND BRITISH INSURANCE COMPANIES ACT, 1932
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