Pension Benefits Standards Regulations, 1985 (SOR/87-19)

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Regulations are current to 2024-11-26 and last amended on 2024-05-27. Previous Versions

SCHEDULE VI(Section 10.2)

FORM 1Declaration of Employer Who Is Not Subject to Proceedings Under the Companies’ Creditors Arrangement Act or Part III of the Bankruptcy and Insolvency Act and Who Is Governed by a Board of Directors

I, the undersigned, an officer of the employer, having been duly authorized by the Board of Directors, declare that

(a) the employer does not anticipate being able to remit the special payments required under subsection 9(1.1) of the Pension Benefits Standards Act, 1985 without seriously impairing the ability of the employer to continue in operation; and
(b) the employer intends to negotiate with the representatives of the members and former members with the purpose of entering into a workout agreement.

FORM 2Declaration of Employer Who Is Not Subject to Proceedings Under the Companies’ Creditors Arrangement Act or Part III of the Bankruptcy and Insolvency Act and Who Is Not Governed by a Board of Directors

I, the undersigned, an officer of the employer, having been duly authorized by the persons who have the authority to direct or authorize the actions of that body, declare that

(a) the employer does not anticipate being able to remit the special payments required under subsection 9(1.1) of the Pension Benefits Standards Act, 1985 without seriously impairing the ability of the employer to continue in operation; and
(b) the employer intends to negotiate with the representatives of the members and former members with the purpose of entering into a workout agreement.

FORM 3Declaration of Employer Who Is Subject to Proceedings Under the Companies’ Creditors Arrangement Act or Part III of the Bankruptcy and Insolvency Act and Who Is Governed by a Board of Directors

I, the undersigned, an officer of the employer, having been duly authorized by the Board of Directors, declare that

(a) the employer is subject to proceedings under the Companies’ Creditors Arrangement Act or Part III of the Bankruptcy and Insolvency Act; and
(b) the employer intends to negotiate with the representatives of the members and former members with the purpose of entering into a workout agreement.

FORM 4Declaration of Employer Who Is Subject to Proceedings Under the Companies’ Creditors Arrangement Act or Part III of the Bankruptcy and Insolvency Act and Who Is Not Governed by a Board of Directors