Fifth Session, Thirty-Ninth Legislature
This version is based on the printed bill that was distributed in the Legislature after First Reading. It is not the official version. If accuracy is critical, you can obtain a copy of the printed bill from Statutory Publications or view the online bilingual version (PDF).
THE CROWN CORPORATIONS PUBLIC REVIEW AND ACCOUNTABILITY AMENDMENT ACT
(Assented to )
HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Manitoba, enacts as follows:
Subsection 26(5) is replaced with the following:
In the case of a review pursuant to this Part of rates for services of the Manitoba Public Insurance Corporation, The Public Utilities Board may take into consideration, in addition to factors described in subsection (4),
(a) all elements of insurance coverage affecting rates for services; and
(b) any financial aspect of the Corporation's insurance business or other corporate and business operations that the Board has reasonable grounds to believe may have an impact on rates for services.
Subject to subsection (7), the Manitoba Public Insurance Corporation must provide The Public Utilities Board with any information about the factors referred to in subsection (4) and the matters referred to in subsection (5) that the Board considers necessary to carry out its functions under this Part.
The Public Utilities Board must adopt reasonable measures to ensure that financial information provided by the Manitoba Public Insurance Corporation but not directly related to rates for services is received and considered in confidence.
Without limiting the generality of subsection (7), The Public Utilities Board may impose reasonable non-disclosure requirements on interveners who request access to information referred to in that subsection. An intervener must comply with a non-disclosure requirement imposed on it by the Board.
This Act comes into force on the day it receives royal assent.