R-17.0.1 - Voluntary Retirement Savings Plans Act

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33. A suspension of authorization is effective from the date specified in the notice sent to the administrator by the Autorité des marchés financiers. The administrator may, however, take the necessary corrective measures specified in the notice before that deadline.
An administrator whose authorization has been suspended may continue to administer the plan subject to the conditions or restrictions determined by the Autorité des marchés financiers. The administrator may not, however, offer the plan to new employers or individuals.
The Autorité des marchés financiers consults Retraite Québec before making its decision.
2013, c. 26, s. 33; 2015, c. 20, s. 61.
33. A suspension of authorization is effective from the date specified in the notice sent to the administrator by the Autorité des marchés financiers. The administrator may, however, take the necessary corrective measures specified in the notice before that deadline.
An administrator whose authorization has been suspended may continue to administer the plan subject to the conditions or restrictions determined by the Autorité des marchés financiers. The administrator may not, however, offer the plan to new employers or individuals.
The Autorité des marchés financiers consults the Régie before making its decision.
2013, c. 26, s. 33.