R-15.1, r. 1 - Regulation respecting arbitration relating to the surplus assets of supplemental pension plans

Section 5 Disposition versions

2012-09-01

5. Within 10 days following the designation of the last representative appointed pursuant to section 243.6 of the Act, as it read before 1 January 2001, the representatives shall select the arbitration body to be responsible for organizing the arbitration. Should there be disagreement over the selection of the arbitration body, the pension committee shall immediately inform the Minister of Employment and Social Solidarity.

Upon the expiry of that period or, where the representatives failed to reach an agreement, within 10 days after being informed by the Minister of the identity of the arbitration body designated by the latter, the pension committee shall send the arbitration body a notice indicating, in addition to the particulars required under subparagraphs 1, 3 and 4 of the first paragraph of section 1.1, the names and addresses of the representatives.

The pension committee shall attach to that notice the documents and a provision for costs referred to in second paragraph of section 1.1.

Where the arbitration body receives that notice, it shall, within 10 days, request that the representatives submit to it, within 15 days, the name(s) of the arbitrator or arbitrators that they have selected.

As soon as it has been informed of the selection of the arbitrator or arbitrators or as soon as it has designated them, the arbitration body shall give the notice provided for in the third paragraph of section 1.1.

O.C. 1894-93, s. 5; O.C. 944-2002, s. 4.