GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
Solvency Funding Relief Regulations — 23
23 (1) The employer and, if the employer is not the administrator of the plan, the administrator shall enter into a trust agreement or shall amend any existing trust agreement it may have with the holder regarding the letters of credit referred to in this Part. (2) The trust agreement shall provide that (a) the holder shall hold the letters of credit in Canada in trust for the plan; (b) the definition default in subsection 1(1) applies to the agreement; (c) the employer shall immediately notify, in writing, the holder and the Superintendent and, if the employer is not the administrator of the plan, the administrator of a default; (d) if not otherwise notified under paragraph (c), the administrator shall notify, in writing, the holder and the Superintendent of a default immediately after becoming aware of it; (e) on receipt of the notice referred to in paragraph (c) or (d), the holder shall immediately make a demand for payment of the face amount of all of the letters of credit held in respect of the plan; (f) on receipt of a written notice of default from any person other than the employer or the administrator, the holder shall (i) immediately notify, in writing, the employer, the administrator and the Superintendent of the notice; and (ii) make a demand for payment of the face amount of all of the letters of credit held in respect of the plan unless the administrator provides a written notice to the holder within 30 days after receipt of the notice that the default has not occurred; (g) when a holder makes a demand for payment of a letter of credit held for the plan, it shall notify, in writing, the employer, the administrator and the Superintendent that it has made the demand; (h) the holder shall immediately notify, in writing, the employer, the administrator and the Superintendent if the issuer does not pay the face amount of a letter of credit after a demand for payment has been made, (i) the holder shall not make a demand for payment if a letter of credit expires without being renewed, or the face amount is being reduced, in accordance with this Part; (j) the administrator shall notify the holder of any circumstance when a letter of credit may expire, or when the face amount of a letter of credit may be reduced, in accordance with this Part; and (k) the administrator shall provide the holder with a copy of the statements referred to in paragraph 24(1)(e) and subsection 24(2) and with a copy of the written notice referred to in paragraph 30(a). SOR/2015-60, s. 38(F)
Solvency Funding Relief Regulations — 25
25 When the administrator provides the written statement under paragraph 28(1)(b) of the Act, the administrator shall also provide the following information: (a) the amount of the initial solvency deficiency; (b) the fact that the deficiency is to be funded in accordance with this Part by equal annual payments over a period not exceeding 10 years; and (c) the aggregate face amount of all of the letters of credit that are held by the holder in respect of the plan.
Solvency Funding Relief Regulations — 26
26 (1) The face amount of a letter of credit may be reduced, effective the beginning of a plan year, by (a) the amount by which the aggregate amount of payments that the employer has made to the pension fund in the previous plan year exceeds the total of the required special payments and the normal cost of the plan for that year as shown in an actuarial report; or (b) the amount by which the aggregate face amount of all of the letters of credit that are held by the holder in respect of the plan exceeds the amount set out in paragraph 19(2)(a) or (b), as the case may be. (2) The face amount of the letter of credit shall not be reduced following a default. SOR/2011-85, s. 20
Solvency Funding Relief Regulations — 27
27 (1) Despite section 9 of the Pension Benefits Standards Regulations, 1985 , a solvency deficiency that emerges after the day on which the initial solvency deficiency emerged shall be calculated as the amount by which the solvency liabilities exceed the sum of the following amounts: (a) the adjusted solvency asset amount, (b) the present value of special payments made under section 19 if at least one of those payments is due more than five years after the valuation date, and (c) the present value of the going concern special payments that were used to fund the initial solvency deficiency that are due during the period beginning on the valuation date and ending on the 10th anniversary of the date of emergence of the initial solvency deficiency if at least one of those payments is due more than five years after the valuation date. (2) The interest rate used to determine the present value of the special payments referred to in subsection (1) is the same as the interest rate used to determine the solvency liabilities. SOR/2010-149, s. 14
Solvency Funding Relief Regulations — 28
28 On receipt of the notice from a holder that an issuer has not paid the face amount of a letter of credit after a demand for payment has been made, the employer shall remit to the pension fund no later than 30 days after the day on which the demand for payment was made, an amount equal to the face amount of that letter of credit.
Solvency Funding Relief Regulations — 29
29 (1) If a default occurs, the amount by which the aggregate amount of special payments that would have been remitted to the pension fund in accordance with Part 1 from the day on which the initial solvency deficiency emerged, as adjusted to take into account the reductions in special payments resulting from the application of the Pension Benefits Standards Regulations, 1985 , plus interest, exceeds the aggregate amount of special payments made to the pension fund in accordance with this Part, plus interest, shall immediately be remitted to the pension fund. (2) Except if a plan is fully terminated, the administrator shall have an actuarial report prepared — in which the present value of the special payments referred to in subsection 19(1) shall be zero — valuing the plan as at the last day of the plan year in which the default occurs. (3) Any remaining initial solvency deficiency disclosed by the actuarial report prepared in accordance with subsection (2) shall be calculated by including as an asset any amount remitted to the pension fund in accordance with subsection (1) and the remaining initial solvency deficiency shall be considered to have emerged as of the day on which the initial solvency deficiency emerged. (4) The remaining initial solvency deficiency calculated under subsection (3) shall be funded by special payments sufficient to liquidate that initial solvency deficiency by equal annual payments over a period not exceeding five years minus the number of years that the plan was funded in accordance with this Part. SOR/2010-149, s. 15; SOR/2011-85, s. 21; SOR/2015-60, s. 40(F)
Solvency Funding Relief Regulations — 30
30 (1) A plan may cease to be funded in accordance with this Part, beginning on the first day of a plan year, if (a) the administrator gives written notice to the Superintendent not later than six months after the beginning of that plan year; (b) the amount by which the aggregate amount of special payments that would have been remitted to the pension fund in accordance with Part 1 from the day on which the initial solvency deficiency emerged, as adjusted to take into account the reductions in special payments resulting from the application of the Pension Benefits Standards Regulations, 1985 , plus interest, exceeds the aggregate amount of special payments made to the pension fund in accordance with this Part, plus interest, shall be remitted to the pension fund at least 30 days before the plan’s year end; and (c) an actuarial report is prepared in accordance with subsection 29(2) and any remaining initial solvency deficiency is calculated and funded in accordance with subsections 29(3) and (4) as if a default occurred, except that the actuarial report shall be prepared valuing the plan as of the first day of the plan year in which funding ceases. (2) Paragraphs (1)(b) and (c) do not apply if the face amount of the letters of credit obtained to fund the plan under this Part is included as a solvency asset as defined in subsection 2(1) of the Pension Benefit Standards Regulations, 1985 . SOR/2010-149, s. 16; SOR/2011-85, s. 22; SOR/2015-60, s. 41(F)
Solvency Funding Relief Regulations — 31
31 These Regulations cease to be in force on February 1, 2019.
Solvency Funding Relief Regulations — 32
32 These Regulations come into force on the day on which they are registered.
Solvency Funding Relief Regulations — 28
28 A reference to an “unfunded liability” in these Regulations includes a reference to an “initial unfunded liability” as defined in subsection 9(1) of the Pension Benefits Standards Regulations, 1985 , as it read immediately before this section comes into force.
Solvency Funding Relief Regulations — 30
30 These Regulations do not apply to a plan to which the Canadian Press Pension Plan Solvency Deficiency Funding Regulations apply.
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
Whereas the Security Council of the United Nations, acting under Article 41 of the Charter of the United Nations, adopted Resolution 1718 (2006) on October 14, 2006;
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
And whereas it appears to the Governor in Council to be necessary to make regulations for enabling the measures set out in that Resolution to be effectively applied;
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
Therefore, Her Excellency the Governor General in Council, on the recommendation of the Minister of Foreign Affairs, pursuant to section 2 of the United Nations Act , hereby makes the annexed Regulations Implementing the United Nations Resolution on the Democratic People’s Republic of Korea .
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — 1
ne 12, 2009 adopted by the Security Council. ( résolution 1874 du conseil de sécurité ) Security Council Resolution 2087 means Resolution 2087 (2013) of January 22, 2013, adopted by the Security Council. ( résolution 2087 du Conseil de sécurité ) Security Council Resolution 2094 means Resolution 2094 (2013) of March 7, 2013, adopted by the Security Council. ( résolution 2094 du Conseil de sécurité ) Security Council Resolution 2270 means Resolution 2270 (2016) of March 2, 2016, adopted by the Security Council. ( résolution 2270 du Conseil de sécurité ) Security Council Resolution 2321 means Resolution 2321 (2016) of November 30, 2016 adopted by the Security Council. ( résolution 2321 du Conseil de sécurité ) Security Council Resolution 2356 means Resolution 2356 (2017) of June 2, 2017 adopted by the Security Council. ( résolution 2356 du Conseil de sécurité ) Security Council Resolution 2371 means Resolution 2371 (2017) of August 5, 2017 adopted by the Security Council. ( résolution 2371 du Conseil de sécurité ) Security Council Resolution 2375 means Resolution 2375 (2017) of September 11, 2017 adopted by the Security Council. ( résolution 2375 du Conseil de sécurité ) Security Council Resolution 2397 means Resolution 2397 (2017) of December 22, 2017 adopted by the Security Council. ( résolution 2397 du Conseil de sécurité ) Security Council Resolutions means Security Council Resolution 1718, Security Council Resolution 1874, Security Council Resolution 2087, Security Council Resolution 2094, Security Council Resolution 2270, Security Council Resolution 2321, Security Council Resolution 2356, Security Council Resolution 2371, Security Council Resolution 2375 and Security Council Resolution 2397. ( résolutions du Conseil de sécurité ) technical assistance means any form of assistance, such as providing instruction, training, consulting services or technical advice or transferring know-how or technical data. ( aide technique ) technical data [Repealed, SOR/2016-278, s. 1] warships [Repealed, SOR/2009-232, s. 2] working day means a day that is neither a Saturday nor a holiday. ( jour ouvrable ) SOR/2009-232, s. 2; SOR/2013-219, s. 5; SOR/2016-278, s. 1; SOR/2018-1, s. 1; SOR/2018-2, s. 1 SOR/2020-119, s. 1
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
armoured combat vehicles [Repealed, SOR/2009-232, s. 2]
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
arms and related material means any type of weapon, ammunition, military equipment including military vehicles, or paramilitary equipment, and their spare parts. ( armes et matériel connexe )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
attack helicopters [Repealed, SOR/2009-232, s. 2]
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
battle tanks [Repealed, SOR/2009-232, s. 2]
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
bulk cash means an amount of currency of any country whose total value is greater than $10,000 in Canadian currency. ( grande quantité d’argent en espèces )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
Canadian means a citizen within the meaning of the Citizenship Act , or an entity established, incorporated or continued by or under the laws of Canada or of a province. ( Canadien )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
combat aircraft [Repealed, SOR/2009-232, s. 2]
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
Committee of the Security Council means the Committee of the Security Council established under paragraph 12 of Security Council Resolution 1718. ( Comité du Conseil de sécurité )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
Democratic People’s Republic of Korea [Repealed, SOR/2009-232, s. 2]
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
designated person means a person that is designated by the Committee of the Security Council under paragraph 8(d) or 12(e) of Security Council Resolution 1718 or by the Security Council under paragraph 8(d) of that resolution. ( personne désignée )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — (a)
DPRK means the Democratic People’s Republic of Korea and includes (a) its political subdivisions; (b) its government and departments and the government and departments of its political subdivisions; and (c) its agencies or any agency of its political subdivisions. ( RPDC )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
entity includes a corporation, trust, partnership, fund, unincorporated association or organization or a foreign state. ( entité )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
Focal Point for De-listing [Repealed, SOR/2020-119, s. 1]
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
HS means the Harmonized Commodity Description and Coding System developed and maintained by the World Customs Organization. ( SH )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
large-calibre artillery systems [Repealed, SOR/2009-232, s. 2]
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
luxury goods includes jewelry, gems, precious and semi-precious stones, precious metals, lead crystal, tableware of porcelain or bone china, watches, cigarettes, alcoholic beverages, perfume, designer clothing and accessories, furs, rugs, tapestries, sporting goods, private aircraft, gourmet foods and ingredients, lobster, computers, televisions and other electronic devices and yachts, personal watercraft, snowmobiles and automobiles and other motor vehicles that are used to transport people, except those that are used for public transportation. ( articles de luxe )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
Minister means the Minister of Foreign Affairs. ( ministre )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
missiles and missile systems [Repealed, SOR/2009-232, s. 2]
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
national means an individual who possesses the nationality of the DPRK as determined in accordance with the laws of the DPRK. ( national )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — (a)
official means an individual who (a) is or was employed in the service of Her Majesty in right of Canada or of a province; (b) occupies or occupied a position of responsibility in the service of Her Majesty in right of Canada or of a province; or (c) is or was engaged by or on behalf of Her Majesty in right of Canada or of a province. ( fonctionnaire )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
person means an individual or an entity. ( personne )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
resources contributing to the Democratic People’s Republic of Korea’s weapons programme [Repealed, SOR/2009-232, s. 2]
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
resources contributing to the DPRK’s weapons programme [Repealed, SOR/2016-278, s. 1]
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
Security Council means the Security Council of the United Nations. ( Conseil de sécurité )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
Security Council Resolution [Repealed, SOR/2009-232, s. 2]
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
Security Council Resolution 1718 means Resolution 1718 (2006) of October 14, 2006 adopted by the Security Council. ( résolution 1718 du conseil de sécurité )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
Security Council Resolution 1874 means Resolution 1874 (2009) of June 12, 2009 adopted by the Security Council. ( résolution 1874 du conseil de sécurité )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
Security Council Resolution 2087 means Resolution 2087 (2013) of January 22, 2013, adopted by the Security Council. ( résolution 2087 du Conseil de sécurité )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
Security Council Resolution 2094 means Resolution 2094 (2013) of March 7, 2013, adopted by the Security Council. ( résolution 2094 du Conseil de sécurité )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
Security Council Resolution 2270 means Resolution 2270 (2016) of March 2, 2016, adopted by the Security Council. ( résolution 2270 du Conseil de sécurité )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
Security Council Resolution 2321 means Resolution 2321 (2016) of November 30, 2016 adopted by the Security Council. ( résolution 2321 du Conseil de sécurité )
Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK) — Regulations Implementing the United Nations Resolutions on the Democratic People’s Republic of Korea (DPRK)
Security Council Resolution 2356 means Resolution 2356 (2017) of June 2, 2017 adopted by the Security Council. ( résolution 2356 du Conseil de sécurité )