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.
(2) The Minister shall cause a notice of every agreement entered into under paragraph (1)(a.1) to be published in the Canada Gazette.
- R.S., 1985, c. 32 (2nd Supp.), s. 6
- 1998, c. 12, s. 4
- Date modified: