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O. Reg. 154/19: ASSET TRANSFERS UNDER SECTIONS 80 AND 81 OF THE ACT

filed June 4, 2019 under Pension Benefits Act, R.S.O. 1990, c. P.8

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ontario regulation 154/19

made under the

Pension Benefits Act

Made: May 30, 2019
Filed: June 4, 2019
Published on e-Laws: June 4, 2019
Printed in The Ontario Gazette: June 22, 2019

Amending O. Reg. 310/13

(ASSET TRANSFERS UNDER SECTIONS 80 AND 81 OF THE ACT)

1. (1) Ontario Regulation 310/13 is amended by striking out “Superintendent” wherever it appears and substituting in each case “Chief Executive Officer”.

(2) The English version of the Regulation is amended by striking out “Superintendent’s” wherever it appears and substituting in each case “Chief Executive Officer’s”.

2. Section 23 of the Regulation is revoked and the following substituted:

Transition

23. (1) For the purposes of this Regulation, an application for the Superintendent’s consent filed with the Superintendent under the Act, as it read prior to the day section 1 of Schedule 23 to the Plan for Care and Opportunity Act (Budget Measures), 2018 came into force, is deemed to be an application for the Chief Executive Officer’s consent filed with the Chief Executive Officer.

(2) For the purposes of this Regulation, a consent given by the Superintendent under the Act, as it read prior to the day section 1 of Schedule 23 to the Plan for Care and Opportunity Act (Budget Measures), 2018 came into force, is deemed to have been given by the Chief Executive Officer.

(3)  For the purposes of this Regulation, documents filed with the Superintendent under the Act, as it read prior to the day section 1 of Schedule 23 to the Plan for Care and Opportunity Act (Budget Measures), 2018 came into force, are deemed to have been filed with the Chief Executive Officer.

Commencement

3. This Regulation comes into force on the later of the day section 1 of Schedule 23 to the Plan for Care and Opportunity Act (Budget Measures), 2018 comes into force and the day this Regulation is filed.

 

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