Pension Benefits Standards Act, 1985

Marginal note:Agreements, etc., respecting administration

• 6 (1) The Minister, with the approval of the Governor in Council, may

  • (a) enter into agreements with the appropriate authority of a designated province respecting

    • (i) the administration, application and enforcement of pension legislation, and

    • (ii) the establishment and operation in Canada of an association of pension supervisory authorities;

  • (a.1) enter into agreements with the appropriate authority of a designated province with respect to any pension plan that is required to be registered under this Act and is registered in the designated province in order to

    • (i) make applicable the pension law of the designated province, or any part of that law, with such modifications as the Minister deems necessary, in respect of the pension plan, and

    • (ii) limit the application of this Act and the regulations to the pension plan;

  • (b) authorize the appropriate authority of a designated province, or the association referred to in subparagraph (a)(ii), to exercise such powers on behalf of the Superintendent or otherwise under this Act as the Minister may determine;

  • (c) authorize the Superintendent to exercise or perform such powers and duties on behalf of the appropriate authority of a designated province, or on behalf of the association referred to in subparagraph (a)(ii), as the Minister may determine; and

  • (d) designate an agency for the purposes, among others, of receiving, holding and disbursing pension benefits and pension benefit credits under this Act.

• Marginal note:Publication

  (2) The Minister shall cause a notice of every agreement entered into under paragraph (1)(a.1) to be published in the Canada Gazette.