1913, c. 33; 1914, c. 38; 1916, c. 27; 1919, c. 38; 1921

[Assented to 21st December, 1923.] (2nd Sess.), c. 21;

IS MAJESTY, by and with the advice and consent of the
Legislative Assembly of the Province of British Columbia,

enacts as follows:

1922, c. 33.

1. This Act may be cited as the "Insurance Act Amendment Act, Short title. 1923."

2. The "Insurance Act," being chapter 33 of the Statutes of 1913, Enacts s. 3A. is amended by inserting the following as section 3A:

contracts avoided.

"3A. (1.) Every contract by way of gaming or wagering is void. Gaming or wagering "(2.) A contract is deemed to be a gaming or wagering contract Interest required. where the insured has no interest in the subject-matter of the

contract.

"(3.) No greater sum shall be recovered or received from the Indemnity insurer under a contract than the amount or value of the interest

of the insured in the subject-matter of the contract.

recoverable.

"(4.) This section shall not apply to contracts of marine insur- Application. ance or life insurance.

section.

"(5.) This section shall come into force at the same time as the Commencement of 'Life Insurance Act,' being an Act of the present session, comes into force."

3. Section 45A of said chapter 113, as enacted by section 2 of Re-enacts s. 45A. chapter 27 of 1916, is repealed, and the following is substituted therefor:

"45A. (1.) Every company licensed under this Act shall keep such books with respect to its contracts and its business in the Province as the Minister may direct, and upon a report of the Superintendent that a company is not keeping such books in a proper manner, the Minister may appoint a competent accountant to audit and report to

him on those books, and to instruct the company how to keep them correctly. The expenses of the accountant shall not exceed a sum at the rate of ten dollars a day and his necessary travelling expenses, and his account, when certified by the Minister, shall be paid forthwith to him by the company.

"(2.) The Superintendent and every person authorized by him in writing shall at all reasonable times have access to and may examine and take copies of and extracts from all such books, securities, and documents of a company licensed under this Act as relate to its contracts and its business within the Province, and it shall be the duty of every person in possession, custody, or control of any such book, security, or document to afford access pursuant to this subsection, and in case of refusal or neglect to afford such access the company, in addition to every other penalty to which any such person or the company is liable under this Act, shall be liable to have its licence suspended or cancelled by the Lieutenant-Governor in Council."

VICTORIA, B.C.:

I'rinted by WILLIAM H. CULLIN, Printer to the King's Most Excellent Majesty.
1923.

Short title.

Enacts s. 33.

H

[Assented to 21st December, 1923.]

IS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of British Columbia, enacts as follows:

1. This Act may be cited as the "Landlord and Tenant Act Amendment Act, 1923."

2. The "Landlord and Tenant Act," being chapter 126 of the "Revised Statutes of British Columbia, 1911," is amended by adding after section 32 the following:

"Rights of Landlord on the Bankruptcy or Insolvency of Tenant.

"33. Where a receiving order or an authorized assignment is made under the Bankruptcy Act,' being chapter 36, Statutes of Canada, 9-10 George V., against or by any tenant of property, the landlord shall have a privileged claim against the estate of the tenant for arrears of rent due or accruing due in respect of the six months next preceding the date of the receiving order or assignment, together with all costs of distraint properly made before the date of the receiving order or assignment in respect to the rent or any part of the rent hereby made a privileged claim, but for all other arrears of rent he shall have a claim provable against the estate as an ordinary creditor. He shall also have a privileged claim against the estate for all rent accruing due after the date of the receiving order or assignment during the period the property is held by the trustee."

VICTORIA, B.C.:

Printed by WILLIAM H. CULLIN, Printer to the King's Most Excellent Majesty.

1923.