13 For the purposes of section 8 of the Act, the value of pension benefits that have accrued to a member during the period subject to division is equal to
(a) where the member is vested at valuation day, the actuarial present value on valuation day of the member’s pension benefits accrued during the period subject to division, determined in accordance with sections 14 and 15; and
(b) where the member is not vested at valuation day, the amount determined under section 16.
18 Where an amount has been transferred pursuant to section 8 of the Act, that amount shall be charged to the account from which the member’s pension benefits are or will become payable.
16 For the purposes of section 8 of the Act, the value of pension benefits that have accrued to a member who is not vested on valuation day is equal to the sum of
[...]
17 (1) For the purposes of subparagraph 8(1)(a)(ii) of the Act, a retirement savings plan or fund of the prescribed kind is
(a) if the transfer is being made in respect of the spouse, former spouse or former common-law partner of a member who is vested at valuation day, a retirement savings plan prescribed for the purposes of section 26 of the Pension Benefits Standards Act, 1985 and administered in accordance with that Act; and
(b) if the transfer is being made in respect of the spouse, former spouse or former common-law partner of a member who is not vested at valuation day, a registered retirement savings plan or registered retirement income fund as defined in the Income Tax Act.
(2) For the purposes of subparagraph 8(1)(a)(iii) of the Act, immediate life annuity and deferred life annuity , as those expressions are defined in subsection 2(1) of the Pension Benefits Standards Regulations, 1985, are of the prescribed kind.
His Excellency the Governor General in Council, on the recommendation of the President of the Treasury Board, pursuant to subsection 4(4), section 5, subsections 7(3), 8(1), (4), (6) and (7) and 13(2) and sections 14 and 16 of the Pension Benefits Division ActFootnote *, hereby makes the annexed Regulations respecting the division of pension benefits, effective on the later of
(b) the day on which the Pension Benefits Division Act comes into force.
