Income Tax Act — I-3.3 147.1
ntent to the administrator of a registered pension plan, or the plan administrator applies to the Minister in writing for the revocation of the plan’s registration, the Minister may, (a) where the plan administrator has applied to the Minister in writing for the revocation of the plan’s registration, at any time after receiving the administrator’s application, and (b) in any other case, after 30 days after the day of mailing of the notice of intent, give notice (in this subsection and subsection 147.1(13) referred to as a “notice of revocation”) by registered mail to the plan administrator that the registration of the plan is revoked as of the date specified in the notice of revocation, which date may not be earlier than the date specified in the notice of intent or the administrator’s application, as the case may be. Revocation of registration (13) Where the Minister gives a notice of revocation to the administrator of a registered pension plan, the registration of the plan is revoked as of the date specified in the notice of revocation, unless the Federal Court of Appeal or a judge thereof, on application made at any time before the determination of an appeal pursuant to subsection 172(3), orders otherwise. Anti-avoidance — multi-employer plans (14) Where at any time the Minister gives written notice to the administrators of two or more registered pension plans, each of which is a multi-employer plan, that this subsection is applicable in relation to those plans with respect to a calendar year, (a) each of those plans that is a specified multi-employer plan in the year shall, for the purposes of subsection 147.1(9) (other than for the purpose of determining the pension credits referred to in paragraphs 147.1(9)(a) and 147.1(9)(b)), be deemed to be a multi-employer plan that is not a specified multi-employer plan; and (b) the totals determined for the year under paragraphs 147.1(9)(a) and 147.1(9)(b) shall be the amounts that would be determined if all the plans were a single plan. Plan as registered (15) Any reference in this Act and the regulations to a pension plan as registered means the terms of the plan on the basis of which the Minister has registered the plan for the purposes of this Act and as amended by (a) each amendment that has been accepted by the Minister, and (b) each amendment that has been submitted to the Minister for acceptance and that the Minister has neither accepted nor refused to accept, if it is reasonable to expect the Minister to accept the amendment, and includes all terms that are not contained in the documents constituting the plan but that are terms of the plan by reason of the Pension Benefits Standards Act, 1985 or a similar law of a province. Separate liability for obligations (16) Every person who is a member of a body that is the administrator of a registered pension plan is subject to all obligations imposed on administrators by this Act or a regulation as if the person were the administrator of the plan. Superintendent of Financial Institutions (17) The Minister may, for the purposes of this Act, obtain the advice of the Superintendent of Financial Institutions with respect to any matter relating to pension plans. Regulations (18) The Governor in Council may make regulations (a) prescribing conditions for the registration of pension plans and enabling the Minister to impose additional conditions or waive any conditions that are prescribed; (b) prescribing circumstances under which a registered pension plan becomes a revocable plan; (c) specifying the manner of determining, or enabling the Minister to determine, the portion of a member’s benefits under a registered pension plan that is in respect of any period; (d) requiring administrators of registered pension plans to make determinations in connection with the computation of pension adjustments, past service pension adjustments, total pension adjustment reversals or any other related amounts (all such amounts referred to in this subsect