Canadian Legislative Updates
Legislation Tackling Auto Theft and Property Crime Receives Royal Assent
NAFA has followed and supported Bill S-9 the "Tackling Auto Theft and Property Crime Act" as it will tackle organized crime and will therefore bring down insurance rates on vehicles.
The Bill received Royal Assent yesterday. The new legislation includes provisions that:
- Create a separate offence of "theft of a motor vehicle," which carries a mandatory prison sentence of 6 months for conviction of a third or subsequent offence when the prosecutor proceeds by indictment;
- Establish a new offence for altering, destroying, or removing a vehicle identification number (VIN);
- Make it an offence to traffic in property obtained by crime; and,
- Make it an offence to possess such property for the purpose of trafficking.