Royal Canadian Mounted Police Superannuation Regulations

Version of section 59 from 2006-03-22 to 2012-08-31:

  •  (1) An option for a commuted value must be

    • (a) exercised in writing;

    • (b) dated and signed by the contributor; and

    • (c) sent to the Minister, or to a person designated by the Minister, within the applicable period referred to in sections 56 to 58.

  • (2) An option for a commuted value is deemed to be exercised on the day on which it is sent in accordance with paragraph (1)(c).

  • SOR/2003-232, s. 2
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