O. Reg. 392/24: ADMINISTRATIVE PENALTIES, Filed October 16, 2024 under Pension Benefits Act, R.S.O. 1990, c. P.8

ontario regulation 392/24

made under the

Pension Benefits Act

Made: October 10, 2024
Filed: October 16, 2024
Published on e-Laws: October 16, 2024
Published in The Ontario Gazette: November 2, 2024

Amending O. Reg. 365/17

(ADMINISTRATIVE PENALTIES)

1. Subsection 1 (2) of Ontario Regulation 365/17 is amended by adding the following definitions:

“Asset Transfers Regulation” means Ontario Regulation 310/13 (Asset Transfers under Sections 80 and 81 of the Act) made under the Act; (“French”)

“Target Benefits Regulation” means Ontario Regulation 386/24 (Target Benefits) made under the Act; (“French”)

“Written Policies Regulation” means Ontario Regulation 387/24 (Written Policies under Section 10 of the Act) made under the Act. (“French”)

2. (1) Schedule 1 to the Regulation is amended by adding the following items:

 

18.1

subsection 79.1 (3)

 

. . . . .

 

39.1

subsection 6.0.6 (1) of the General Regulation

39.2

subsection 6.0.6 (3) of the General Regulation

 

. . . . .

 

67.1

paragraph 1 of subsection 39 (1.1) of the General Regulation

 

. . . . .

 

80.1

section 46.1 of the General Regulation

 

(2) Items 99 to 105 of Schedule 1 to the Regulation are amended by striking out “Ontario Regulation 310/13 (Asset Transfers under Sections 80 and 81 of the Act)” wherever it appears and substituting in each case “the Asset Transfers Regulation”.

(3) Schedule 1 to the Regulation is amended by adding the following items:

 

105.1

section 30 of the Asset Transfers Regulation

105.2

subsection 31 (2) of the Asset Transfers Regulation

105.3

subsection 31 (5) of the Asset Transfers Regulation

 

. . .  . .

 

110.

clause 5 (a) of the Target Benefits Regulation

111.

subsection 10 (2) of the Target Benefits Regulation

112.

clause 10 (7) (b) of the Target Benefits Regulation

113.

clause 10 (7) (c) of the Target Benefits Regulation

114.

subsection 7 (1) of the Written Policies Regulation

 

Commencement

3. This Regulation comes into force on the later of the day section 17 of Schedule 33 to the Stronger, Fairer Ontario Act (Budget Measures), 2017 comes into force and the day this Regulation is filed.