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

Regulations are current to 2026-09-21 and last amended on 2011-04-01. Previous Versions

 If the aggregate amount of the remaining special payments required to be made in accordance with sections 9 and 13 in respect of a plan referred to in subsection 22(2) is remitted to the pension fund not later than the end of the second quarter of the plan year in respect of which the election is made,

  • (a) section 22 does not apply in respect of that plan; and

  • (b) Part 1 continues to apply in respect of that plan, except that sections 4, 6 to 9 and 11 to 15 cease to apply in respect of the plan on the first day of the plan year in respect of which the election is made.

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