Air Canada Pension Plan Solvency Deficiency Funding Regulations (SOR/2004-174)

1 (1) The following definitions apply in these Regulations.

Air Canada pension plan

Air Canada pension plan or plan means a defined benefit plan in respect of which Air Canada is the administrator and that was established before January 1, 2004. (régime de pension d’Air Canada ou régime)

beneficiary representative

beneficiary representative means a union representative or a court-appointed representative of the members or former members of a plan or of the other beneficiaries of a plan. (représentant des bénéficiaires)

initial order

initial order means the order issued on April 1, 2003 in respect of Air Canada under section 11 of the Companies’ Creditors Arrangement Act. (ordonnance initiale)

initial solvency deficiency

initial solvency deficiency means the solvency deficiency of a plan emerging as at January 1, 2004. (déficit initial de solvabilité)

Protocol

Protocol means the Air Canada/OSFI Pension Funding Relief Protocol of May 14, 2004 entered into by Air Canada and the Office of the Superintendent of Financial Institutions. (protocole)

(2) Except as otherwise provided in these Regulations, expressions used in these Regulations have the same meaning as in the Pension Benefits Standards Regulations, 1985.