R-17.0.1 - Voluntary Retirement Savings Plans Act

Section 14 Disposition versions

2019-06-13

14. A legal person must hold an authorization granted by the Autorité des marchés financiers to act as administrator of a voluntary retirement savings plan.

Only the following legal persons may act as administrator of a voluntary retirement savings plan:

(1)  insurers authorized, within the meaning of the Insurers Act (chapter A-32.1), to carry on insurer activities in life insurance;

(2)  authorized trust companies within the meaning of the Trust Companies and Savings Companies Act (chapter S-29.02); and

(3)  investment fund managers registered in accordance with Title V of the Securities Act (chapter V-1.1).

2013, c. 26, s. 14; 2018, c. 23, s. 793.

2014-04-16

14. A legal person must hold an authorization granted by the Autorité des marchés financiers to act as administrator of a voluntary retirement savings plan.

Only the following legal persons may act as administrator of a voluntary retirement savings plan:

(1)  insurers holding a life insurance class licence issued under the Act respecting insurance (chapter A-32) in conformity with the Regulation under the Act respecting insurance (chapter A-32, r. 1);

(2)  trust companies holding a licence issued under the Act respecting trust companies and savings companies (chapter S-29.01); and

(3)  investment fund managers registered in accordance with Title V of the Securities Act (chapter V-1.1).

2013, c. 26, s. 14.