Royal Canadian Mounted Police Superannuation Regulations

58 A contributor described in subsection 55(3) who wishes to exercise an option for a commuted value must do so on or before the later of

• (a) one year after the day on which this section comes into force, and

• (b) the day that is one year after the day on which the contributor becomes entitled to a deferred annuity under subsection 12(2) of the Act.