Public Sector Pension Plans Act -- COLLEGE PENSION PLAN TRANSITIONAL REGULATION

B.C. Reg. 255/2000
College Pension Board of Trustees

Deposited July 7, 2000

This archived regulation consolidation is current to August 5, 2005 and includes changes enacted and in force by that date. For the most current information, click here.

Public Sector Pension Plans Act

COLLEGE PENSION PLAN
TRANSITIONAL REGULATION

Definitions

1 In this regulation:

"Act" means the Public Sector Pension Plans Act, S.B.C. 1999, c. 44;

"chief executive officer" means the chief executive officer of the British Columbia Pension Corporation;

"former Act" means the Pension (College) Act, R.S.B.C. 1996, c.353;

"former board" means the College Pension Board continued under section 35 of the former Act;

"new board" means the College Pension Board established under section 3 of Schedule A to the Public Sector Pension Plans Act, S.B.C. 1999, c.44.

Appeals begun under the former Act

2 (1) An appeal received before April 1, 2000 but not dealt with by the former board under section 38 of the former Act is to be continued before the new board as if made under section 7 of Schedule A to the Act, and the provisions of the former Act continue to apply to the appeal despite the repeal of the former Act.

(2) If an appeal made before April 1, 2000 was dealt with by the former board under section 38 of the former Act but no decision was made, the appeal is to be treated for all purposes as a new appeal before the new board as if made under section 7 of Schedule A to the Act, and the provisions of the former Act continue to apply to the appeal despite the repeal of the former Act.

Determination by chief executive officer

3 For the purpose of section 32 (d) of the former Act, any amount payable may be dealt with in a manner the chief executive officer determines.

[Provisions of the Public Sector Pension Plans Act, S.B.C. 1999, c. 44, relevant to the enactment of this regulation: section 20 of Schedule A]