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R-15.1 - Supplemental Pension Plans Act
Section 17
Disposition versions
17. (Repealed).
17. The person responsible for the administration of a pension plan which has become effective before being registered shall, on receiving contributions, deposit them with a bank, an insurer or an institution holding a licence issued in accordance with the Deposit Insurance Act (chapter A-26) and keep such contributions on deposit until the plan is registered.
The deposit shall be repayable on demand or upon notice of not more than 30 days.
