Information Technology Activities (Property and Casualty Companies and Marine Companies) Regulations

Marginal note:Non-application

5 Subsection 495(7) of the Act does not apply where, under paragraph 495(4)(f) of the Act, a property and casualty company acquires control of, or acquires or increases a substantial investment in, an entity whose business is limited to activities described in subsection 3(1). Nothing in this section limits the operation of subsections 3(2) and (3).