Pooled Registered Pension Plans Act
An Act relating to pooled registered pension plans and making related amendments to other Acts
Canada (Federal)· P-15.3· 503 sections· current to 2024-06-20In force
Bills that amended this Act0
No published amendment links yet for this Act.
Sections503
- 1Short title
- 2Definitions
- 2(1)
- 2(1)[p3]
- 2(1)[p4]
- 2(1)[p5]
- 2(1)[p6]
- 2(1)[p7]
- 2(1)[p8]
- 2(1)[p9]
- 2(1)[p10]
- 2(1)[p11]
- 2(1)[p12]
- 2(1)[p13]
- 2(1)[p14]
- 2(1)[p15]
- 2(1)[p16]
- 2(1)[p17]
- 2(1)[p18]
- 2(1)[p19]
- 2(1)[p19](a)
- 2(1)[p19](b)
- 2(1)[p22]
- 2(1)[p23]
- 2(2)Meaning of spouse or common-law partner
- 3Purpose
- 4Application of Act
- 4(a)
- 4(b)
- 5Bilateral agreement
- 5(a)
- 5(b)
- 6Multilateral agreement
- 6(1)
- 6(2)Content of agreement
- 6(2)(a)
- 6(2)(b)
- 6(2)(c)
- 6(2)(d)
- 6(2)(e)
- 6(2)(f)
- 6(2)(g)
- 6(2)(h)
- 6(3)Tabling in Parliament
- 6(4)Publication — Canada Gazette
- 6(4)(a)
- 6(4)(b)
- 6(4)(c)
- 6(5)Publication — other
- 7Force of law
- 7(1)
- 7(2)Inconsistency with agreement
- 8Review by Federal Court
- 8(1)
- 8(2)No review by Federal Court
- 9Association of supervisory authorities
- 10Powers of Superintendent
- 10(1)
- 10(2)Information and studies
- 10(2)(a)
- 10(2)(b)
- 10(2)(c)
- 10(3)Terms and conditions
- 11Licensing of administrators
- 11(1)
- 11(2)Terms and conditions
- 12Registration of plan
- 12(1)
- 12(1)(a)
- 12(1)(b)
- 12(1)(c)
- 12(1)(d)
- 12(2)Duty of administrator to file documents
- 12(2)(a)
- 12(2)(b)
- 12(2)(c)
- 12(3)Registration of plan
- 12(4)Refusal to register
- 12(5)Notification
- 12(6)No members before registration
- 13Filing of amendments
- 14Licence and registration
- 15Compliance with this Act
- 16Duties of administrator
- 16(1)
- 16(2)Coordinates
- 17Records
- 18Contract between administrator and employer
- 19Employer terminates participation
- 20Superintendent may require meeting
- 20(1)
- 20(2)Participation by Superintendent, etc.
- 20(2)(a)
- 20(2)(b)
- 20(2)(c)
- 21Transfer of assets to designated entity
- 21(1)
- 21(2)Rights and obligations
- 22Administration of plan and assets
- 22(1)
- 22(2)Standard of care
- 22(3)Pooling
- 22(4)Manner of investing
- 22(5)Investment managers
- 23Investment choices
- 23(1)
- 23(2)Administrator’s duty
- 23(3)Default option
- 23(4)Deemed compliance
- 24Prohibition — inducements
- 25Prohibition — investment options
- 26Low-cost plan
- 27Prohibition — employees in included employment
- 28Obligation — non-discrimination
- 29Contract between employer and administrator
- 30Employer not liable
- 31Amounts deemed to be held in trust
- 31(1)
- 31(1)(a)
- 31(1)(b)
- 31(1)(c)
- 31(2)If bankruptcy, etc., of employer
- 32Employer to provide information
- 33Prohibition — inducements
- 34Superintendent’s directions to administrators
- 34(1)
- 34(1)(a)
- 34(1)(b)
- 34(2)Directions in the case of non-compliance
- 34(3)Opportunity for representations
- 34(4)Temporary direction
- 34(5)Continued effect
- 35Additional directions
- 36Revocation of registration
- 37Notice of objection
- 37(1)
- 37(2)Reconsideration by Superintendent
- 38Appeal to Federal Court
- 38(1)
- 38(1)(a)
- 38(1)(b)
- 38(2)Institution of appeal
- 38(3)Registry to transmit copies
- 38(4)Documents relevant to appeal
- 38(5)Disposal of appeal
- 38(5)(a)
- 38(5)(b)
- 38(6)Conditions
- 39Full-time employees
- 39(1)
- 39(2)Meaning of full-time basis
- 40Part-time employees
- 40(1)
- 40(2)Regulations altering subsection (1)
- 40(3)Meaning of continuous
- 40(4)Meaning of part-time basis
- 41Advance notice to employees
- 41(1)
- 41(1)(a)
- 41(1)(b)
- 41(1)(c)
- 41(2)Notice of plan membership
- 41(2)(a)
- 41(2)(b)
- 41(3)Contract must specify
- 41(4)New employee
- 41(5)Membership termination
- 42Religious objections
- 42(1)
- 42(2)Employer’s duty
- 43Transfer of assets to new plan
- 43(1)
- 43(2)No membership termination
- 43(3)Costs
- 44Termination of membership
- 45Contribution rates
- 45(1)
- 45(2)Exception
- 46Deductions from remuneration
- 47Provisions respecting locking-in
- 47(1)
- 47(1)(a)
- 47(1)(b)
- 47(1)(c)
- 47(1)(d)
- 47(2)Optional provisions
- 47(2)(a)
- 47(2)(b)
- 48Election
- 49Entitlement of survivor
- 50Transfer or purchase of annuity
- 50(1)
- 50(1)(a)
- 50(1)(b)
- 50(1)(c)
- 50(2)Notification and effect to notification
- 50(3)Transfer in case of death
- 50(3)(a)
- 50(3)(b)
- 50(3)(c)