Acts and Regulations

2012-75 - Shared Risk Plans

Full text
Fees
29(1)Subject to subsections (6) and (7), the fee for an application for registration of a shared risk plan is $10 per member of the plan employed in New Brunswick or in a designated jurisdiction with which the Minister has entered into an agreement under paragraph 92(1)(a) or subsection 93.3(1) of the Act, but not less than $200 and not more than $20,000.
29(2)Subject to subsections (6) and (7), the fee for an application for registration of an amendment to a shared risk plan is $200 per application.
29(3)Subject to subsections (6) and (7), the fee for filing a wind-up report for a shared risk plan is $10 per member of the plan employed in New Brunswick or in a designated jurisdiction with which the Minister has entered into an agreement under paragraph 92(1)(a) or subsection 93.3(1) of the Act, but not less than $200 and not more than $20,000.
29(4)For the purposes of a shared risk plan, the fee for an application for the Superintendent’s consent to a transfer of assets under section 69 of the Act is $10 per member of the plan employed in New Brunswick or in a designated jurisdiction with which the Minister has entered into an agreement under paragraph 92(1)(a) or subsection 93.3(1) of the Act, but not less than $200 and not more than $20,000.
29(5)For the purposes of a shared risk plan, the fee for a request for the Superintendent’s consent to a transfer of assets under section 70 of the Act is $10 per member of the plan employed in New Brunswick or in a designated jurisdiction with which the Minister has entered into an agreement under paragraph 92(1)(a) or subsection 93.3(1) of the Act, but not less than $200 and not more than $20,000.
29(6)Subject to subsection (7), if an application referred to in subsection (1) or (2) or a wind-up report referred to in subsection (3) is made or filed after the applicable deadline, the fee payable shall be increased by 20% and interest shall accrue and be payable at the rate of 1% per month, compounded monthly, commencing on the first day of the second calendar month after the month in which the deadline occurs and continuing until the day on which the application or report is made or filed, as the case may be.
29(7)The fee under subsection (6) shall not be less than $200.
29(8)Paragraphs 56(1)(a), (b), (g), (h) and (i) of Regulation 91-195 do not apply to a shared risk plan.