Acts and Regulations

P-5.1 - Pension Benefits Act

Full text
Exemption from successor employer and new plans provisions
99.92(1)On the sale of all or part of the business of or the assets of Fraser Papers Inc., FPS Canada Inc., Fraser Papers Holdings Inc., Fraser Timber Ltd., Fraser Papers Limited and Fraser N.H. LLC to Twin Rivers Paper Company Inc., Twin Rivers Paper Company Inc. shall be deemed not to be a successor employer under section 69.
99.92(2)On and after the effective date of the wind-up of either pension plan, sections 70 and 71 do not apply to the pension plan.
2010, c.13, s.1