Home
Français
Acts and Regulations
2016, c.9
- An Act to Amend the Pension Benefits Act
Table of contents
Regulation
0
Full text
2016, c.9
An Act to Amend the
Pension Benefits Act
Assented to April 8, 2016
Her Majesty, by and with the advice and consent of the Legislative Assembly of New Brunswick, enacts as follows:
1
The Pension Benefits Act, chapter P-5.1 of the Acts of New Brunswick, 1987, is amended by adding after section 93 the following:
Agreement with respect to a pension plan required to be registered in a designated jurisdiction
93.01
(1)
With the approval of the Lieutenant-Governor in Council, the Minister may enter into an agreement with an authorized representative of a designated jurisdiction in relation to a pension plan that is required to be registered in the designated jurisdiction.
93.01
(2)
An agreement entered into under subsection (1) shall provide for the administration, application and enforcement of pension benefits legislation with respect to the pension plan that is the subject of the agreement.
93.01
(3)
Without limiting the generality of subsection (1), an agreement may
(
a
)
make the pension benefits legislation of the designated jurisdiction or any provision of that legislation inapplicable to the pension plan,
(
b
)
authorize the application of this Act and the regulations or a provision of either of them to the pension plan, and
(
c
)
delegate to the Minister the functions and powers of the pension supervisory authority under the pension benefits legislation of the designated jurisdiction.
93.01
(4)
The Minister may sub-delegate in writing any functions and powers delegated to the Minister in an agreement under subsection (1) to the Financial and Consumer Services Commission or the Superintendent, subject to any limitation or condition set out in the sub-delegation.
Copy
Select this element
Select parent element
Unselect all
Copy to Drafting
Copy to LAW
Copy to Clipboard
To copy : Ctrl+C
0
Advanced search (includes point-in-time)
Consolidated Acts and Regulations
Acts
by title
by chapter
by department
Regulations
by regulation number
Annual Acts and Regulations
Acts
by year
Regulations
by year
Access Rules of Court
by rule number
Repealed Legislation (2011 onward)
Acts
by title
Selections
Show
Selections in current document
All selections in the collection
Selected elements
Delete all selections
Show selections
Cyberlex
Version 2.2.6.0