2017 Legislative Session: 2nd Session, 41st Parliament

THIRD READING

The following electronic version is for informational purposes only.

The printed version remains the official version.

Certified correct as passed Third Reading on the 2nd day of November, 2017

Craig James, Clerk of the House

HONOURABLE CAROLE JAMES

MINISTER OF FINANCE

AND DEPUTY PREMIER

BILL 13 – 2017

POOLED REGISTERED PENSION PLANS

AMENDMENT ACT, 2017

HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of British Columbia, enacts as follows:

Section 3 (2) of the Pooled Registered Pension Plans Act, S.B.C. 2014, c. 17, is amended in the Table by striking out " Canada Gazette " in Column 1 and " British Columbia Gazette " in Column 2.

Section 3 (3) (

b) is amended

(

a) by adding " "designated province", " after " "common-law partnership", ", and

(

b) by adding " "Minister", " after " "included employment", ".

Section 3 (4) is repealed and the following substituted:

(4) For the purposes of its application under this Act,

section 6 (4) [publication – Gazette] of the federal Act must be read as follows:

(4) The minister must cause to be published in the Gazette

(

a) a notice of the date on which a multilateral agreement comes into effect with respect to pooled registered pension plans;

(

b) a notice of the date on which an amendment to a multilateral agreement comes into effect with respect to pooled registered pension plans; and

(

c) if the government of British Columbia withdraws from a multilateral agreement or a multilateral agreement terminates, a notice of the effective date of the withdrawal or termination.

Commencement

4 The provisions of this Act referred to in column 1 of the following table come into force as set out in column 2 of the table:

Item

Column 1

Provisions of Act

Column 2

Commencement

Anything not elsewhere covered by this table

The date of Royal Assent

Section 2

By regulation of the Lieutenant Governor in Council

Copyright (

c) Queen’s Printer, Victoria, British Columbia, Canada