Portions of the Canada Ports Corporation Divestiture Regulations

SOR/2000-60

PUBLIC SERVICE SUPERANNUATION ACT

FINANCIAL ADMINISTRATION ACT

Registration 2000-02-14

Portions of the Canada Ports Corporation Divestiture Regulations

T.B. 827883 2000-02-10

The Treasury Board, on the recommendation of the President of the Treasury Board, pursuant to paragraph 42.1(1)(u)Footnote a of the Public Service Superannuation Act and paragraph 7(2)(a) of the Financial Administration Act, hereby makes the annexed Portions of the Canada Ports Corporation Divestiture Regulations.

DEFINITIONS

 The definitions in this section apply in these Regulations.

“Act”

“Act” means the Public Service Superannuation Act. (Loi)

“new employer”

“new employer” means a person or body who, by reason of an agreement with Her Majesty in right of Canada, carries out the activities that were formerly carried out by a portion of the Canada Ports Corporation and includes a person who acts for or on behalf of that person or body. (nouvel employeur)

APPLICATION

  •  (1) Subject to subsection (2) and section 3, these Regulations apply to a person who, by reason of an agreement between Her Majesty in right of Canada and a new employer, ceases to be employed in the Public Service and becomes employed by the new employer.

  • (2) These Regulations do not apply to a person who subsequently becomes re-employed by the new employer.

  • (3) Sections 4 to 9 do not apply to a person who has exercised an option under subsection 3(2).

APPLICABLE PROVISIONS

  •  (1) Sections 12, 13 and 13.01 of the Act only apply to a person on and after the date on which that person ceases to be employed by the new employer.

  • (2) Despite subsection (1), where, on or after February 14, 2000, a person would be eligible, were it not for these Regulations, to exercise an option under subsection 12(3) or section 13.01 of the Act, the person may exercise such an option no later than one year after the date on which the person ceases to be employed in the Public Service and becomes employed by the new employer.

  • (3) A person who has exercised an option under subsection (2) is deemed not to have become employed by the new employer for the purposes of these Regulations and of sections 83 to 99 of the Public Service Superannuation Regulations and is not entitled to exercise an option pursuant to sections 12, 13 and 13.01 of the Act when the person ceases to be employed by the new employer.

SURVIVOR AND CHILDREN

 For the purposes of subsection 12(8) of the Act, the survivor and children of a person who dies while employed by the new employer are entitled to a death benefit equal to a return of contributions.

 For the purposes of subsection 13(3) of the Act, the survivor and children of a person who dies while employed by the new employer are entitled to the allowances described in paragraphs 12(4)(a) and (b) of the Act, subject to the limitations set out in subsections 12(4) and (5) of the Act.

 For the purposes of subsection 26(2) of the Act, a child who was born to or adopted by a person or became the stepchild of the person during the period that begins on the date on which the person ceases to be employed in the Public Service and that ends on the date on which that person ceases to be employed by the new employer is entitled to an allowance under Part I of the Act.