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R-15.1 - Supplemental Pension Plans Act

Section 18
Disposition versions

Full text
18. A pension plan whose registration is revoked by Retraite Québec under section 32 shall cease to be effective on the date of revocation.
A pension plan which is not registered or whose registration is deemed to be revoked under section 32.1 shall cease to be effective as soon as
(1)  the plan is terminated and has no assets; and
(2)  no member or beneficiary has any rights or benefits remaining under the plan or under this Act.
1989, c. 38, s. 18; 2000, c. 41, s. 6; 2015, c. 20, s. 61.
18. A pension plan whose registration is revoked by the Régie under section 32 shall cease to be effective on the date of revocation.
A pension plan which is not registered or whose registration is deemed to be revoked under section 32.1 shall cease to be effective as soon as
(1)  the plan is terminated and has no assets; and
(2)  no member or beneficiary has any rights or benefits remaining under the plan or under this Act.
1989, c. 38, s. 18; 2000, c. 41, s. 6.
18. No pension plan shall cease to be effective before the date on which the Régie revokes the plan’s registration, in the cases referred to in section 32.
No pension plan which is not registered shall cease to be effective before the date fixed by the Régie. The Régie may, in that case, order that the plan be wound up on the conditions and within the period it specifies.
1989, c. 38, s. 18.
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