C.O.T.C. Pension Regulations (SOR/61-472)

3 (1) An employee of the Corporation who is a member of the Standard Life Plan or the United Kingdom Plan shall not become a contributor under the Act if he notifies the Minister of Finance in writing on or before January 1, 1962 of his election not to become a contributor.

(2) An employee who has notified the Minister of Finance of his election not to become a contributor pursuant to subsection (1) may, by notice to the Minister in writing on or before October 1, 1964, revoke such election and upon such notice being given by the employee,

• (a) the election not to become a contributor shall be deemed to be revoked on October 1, 1964; and

• (b) the employee shall become a contributor under the Act on October 1, 1964.

(3) In the case of an employee who has notified the Minister of Finance pursuant to subsection (2) of the revocation of an election made by the employee under subsection (1),

• (a) the expression “November 1, 1961” set out in paragraph (b) of subsection (1) of section 4 of these Regulations shall be read as “September 30, 1964”;

• (b) the expression “November 1, 1961” set out in section 6 of these Regulations shall be read as “October 1, 1964”; and

• (c) the expression “November 1, 1961” set out in that portion of section 10 of these Regulations preceding paragraph (a) thereof shall be read as “October 1, 1964”.