Atlantic Pilotage Authority Pension Regulations (C.R.C., c. 1355)

4 (1) There shall be paid out of the Superannuation Account on or after the first day of the month following the month in which the payment and transfer described in subsection 3(1) has been made,

• (a) any pension benefit being paid out of the Halifax Pilots’ Pension Fund or the Saint John Pilots’ Pension Fund on that date, and

• (b) any pension benefit that would have been required to be paid out of either of those Funds on or after that date pursuant to sections 26, 27 and 28 of the Halifax By-law or Part II of the Saint John By-law as they read on February 1, 1973,

to or in respect of any pilot who contributed under either of those By-laws and who retired or was retired pursuant to one of them prior to February 1, 1973.

(2) Every pension benefit payable pursuant to subsection (1) shall be paid subject to the terms and conditions on which that pension benefit would have been paid pursuant to section 26, 27 and 28 of the Halifax By-law or Part II of the Saint John By-law as they read on February 1, 1973.