R-17.0.1, r. 3 - Regulation respecting voluntary retirement savings plans

Section 9 Disposition versions

2019-06-13

9. For the purposes of sections 23 and 54 of the Act, an incentive shall be authorized provided it respects the provisions of the Insurers Act (chapter A-32.1), the Act respecting the distribution of financial products and services (chapter D-9.2) and the Securities Act (chapter V-1.1), in the following cases:

(1)  the incentive, whether a product or service, is offered to the advantage of the members and the benefits are the same for all members connected with the employer;

(2)  where the incentive is monetary, does not exceed the employer’s expenses and is offered for the transfer of assets from one plan to another.

O.C. 499-2014, s. 9.

2014-07-01

9. For the purposes of sections 23 and 54 of the Act, an incentive shall be authorized provided it respects the provisions of the Act respecting insurance (chapter A-32), the Act respecting the distribution of financial products and services (chapter D-9.2) and the Securities Act (chapter V-1.1), in the following cases:

(1)  the incentive, whether a product or service, is offered to the advantage of the members and the benefits are the same for all members connected with the employer;

(2)  where the incentive is monetary, does not exceed the employer’s expenses and is offered for the transfer of assets from one plan to another.

O.C. 499-2014, s. 9.