O. Reg. 49/23: GENERAL
filed March 24, 2023 under Pooled Registered Pension Plans Act, 2015, S.O. 2015, c. 9
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made under the
Pooled Registered Pension Plans Act, 2015
Made: March 23, 2023
Filed: March 24, 2023
Published on e-Laws: March 24, 2023
Printed in The Ontario Gazette: April 8, 2023
Amending O. Reg. 359/16
(GENERAL)
1. Paragraph 2 of subsection 5 (1) of Ontario Regulation 359/16 is amended by striking out “Nova Scotia” and substituting “New Brunswick, Nova Scotia”.
2. Section 6 of the Regulation is amended by adding the following paragraph:
2.2 For New Brunswick, the Superintendent of Pooled Registered Pension Plans appointed under the Financial and Consumer Services Commission Act (New Brunswick).
3. Section 6.1 of the Regulation is revoked and the following substituted:
Multilateral agreement — specified exemptions
6.1 The following provisions of the agreement entitled “Multilateral Agreement Respecting Pooled Registered Pension Plans and Voluntary Retirement Savings Plans”, as amended by the agreement entitled “2017 Agreement Amending the Multilateral Agreement Respecting Pooled Registered Pension Plans and Voluntary Retirement Savings Plans” and as further amended by the agreement entitled “Second 2017 Agreement Amending the Multilateral Agreement Respecting Pooled Registered Pension Plans and Voluntary Retirement Savings Plans”, are exempt from the application of subsection 7 (1) of the federal Act, as it applies for the purposes of the Act:
1. Sections 5, 7, 14 and 16.
2. Subsections 20 (3) and (4).
Commencement
4. This Regulation comes into force on the day it is filed.