3.1The following classes of pension plans are exempt from the application of the Act and the regulations:
(a)
a retirement compensation arrangement as defined in subsection 248(1) of the Income Tax Act (Canada);
(b)
a pension plan that provides only benefits that exceed the maximum benefit limits applicable to a pension plan that is registered under the Income Tax Act (Canada);
(c)
a pension plan that permits only contributions that exceed the maximum contribution limits applicable to a pension plan that is registered under the Income Tax Act (Canada); and
3.1The following classes of pension plans are exempt from the application of the Act and the regulations:
(a)
a retirement compensation arrangement as defined in subsection 248(1) of the Income Tax Act (Canada);
(b)
a pension plan that provides only benefits that exceed the maximum benefit limits applicable to a pension plan that is registered under the Income Tax Act (Canada); and
(c)
a pension plan that permits only contributions that exceed the maximum contribution limits applicable to a pension plan that is registered under the Income Tax Act (Canada).
3.1The following classes of pension plans are exempt from the application of the Act and the regulations:
(a)
a retirement compensation arrangement as defined in subsection 248(1) of the Income Tax Act (Canada);
(b)
a pension plan that provides only benefits that exceed the maximum benefit limits applicable to a pension plan that is registered under the Income Tax Act (Canada); and
(c)
a pension plan that permits only contributions that exceed the maximum contribution limits applicable to a pension plan that is registered under the Income Tax Act (Canada).