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Pension Benefits Standards Act, 1985

Version of section 10 from 2010-12-15 to 2024-05-23:

Marginal note:Duty of administrator to file documents

  •  (1) The administrator of a pension plan shall file with the Superintendent, within 60 days after the plan is established and in the form and manner, if any, that the Superintendent directs,

    • (a) a copy of the plan;

    • (b) a copy of every document that creates or supports the plan or the pension fund; and

    • (c) a declaration signed by the administrator that the plan complies with this Act and the regulations.

  • Marginal note:Registration of pension plan

    (2) Subject to subsection (3), the Superintendent shall register a pension plan and issue a certificate of registration in respect of the plan if the administrator has filed the documents under subsection (1).

  • Marginal note:Refusal to register

    (3) The Superintendent may refuse to register a pension plan if the plan does not comply with this Act or the regulations.

  • Marginal note:Notification

    (4) If the Superintendent refuses to register a pension plan, the Superintendent shall notify the administrator of the particulars of the non-compliance.

  • Marginal note:Administration of plan prohibited

    (5) An administrator shall not administer a pension plan before complying with subsection (1) and shall, while the plan remains in force, ensure that it complies with this Act and the regulations.

  • Marginal note:Treatment of surplus

    (6) Every pension plan that is filed for registration must provide for the use of surplus during the continuation of the plan and on its termination.

  • R.S., 1985, c. 32 (2nd Supp.), s. 10
  • 1998, c. 12, s. 10
  • 2010, c. 25, s. 186

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