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Nova Scotia Insurance Review Board Regulations made under Section 16AA of the
R.S.N.S. 1989, c. 231
O.I.C. 2003-455 (October 31, 2003, effective November 1, 2003), N.S. Reg. 180/2003
1 These regulations may be cited as the Nova Scotia Insurance Review Board Regulations.
Location of hearings
2 The Board may hold hearings anywhere within the Province as determined by the Chair.
3 (1) In addition to the Board’s power to fix fees under subsections 106(4) and 157(9) of the Insurance Act, the Board may make levies under subsection 16H(1) of the Insurance Act to recover the direct or indirect costs incurred by the Board in conducting an examination, including a hearing, while exercising the functions, powers or duties conferred or imposed under subsection 16B(2) of the Insurance Act.
(2) The levies made by the Board under subsection (1) may include the cost of retaining experts and legal counsel to provide the Board with advice, including testimony, on technical and legal matters.
(3) The levies made by the Board under subsection (1) must be paid to the Board, in such proportions as the Board determines, by the insurers whose rates, risk-classification systems or other practices are the subject of the examination or hearing.
Examination into gender as risk-classification factor
4 The Board must conduct an examination into the use of gender as a risk-classification factor by insurers and report the results of its examination to the Governor in Council no later than November 1, 2004.