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R-15.1, r. 7 - Regulation respecting the exemption of certain categories of pension plans from the application of provisions of the Supplemental Pension Plans Act
Section 120
Disposition versions
120. Member-funded pension plans are exempt from the application of the following provisions of Division II of Chapter XIII of the Act related to winding-up:
(1) sections 210.1 and 211 and the second and third paragraphs of section 212.1;
(2) Subdivision 3, related to the distribution of assets;
(3) Subdivision 4, related to debts of the employer;
(4) Subdivision 4.0.1, related to the payment options in the event of insufficient assets;
(5) Subdivision 4.1, related to the distribution of surplus assets in the event of termination;
(6) section 237.
