R-15.1 - Supplemental Pension Plans Act

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172. The assets of the pension plan may not be invested, directly or indirectly, in securities controlled by the employer in a proportion greater than 10% of their book value.
For the purposes of the first paragraph, the letter of credit provided by an employer under section 42.1 is considered to be a security in which the assets of the pension plan are invested and whose book value is equal to the amount of the letter of credit.
For the purposes of this section, a security is controlled by the employer in particular if it is issued by the employer or by a partnership or legal person more than 50% of the voting rights of which are held by the employer.
1989, c. 38, s. 172; 2000, c. 41, s. 102; 2006, c. 42, s. 29.
172. The assets of the pension plan may not be invested, directly or indirectly, in securities controlled by the employer in a proportion greater than 10% of their book value.
For the purposes of this section, a security is controlled by the employer in particular if it is issued by the employer or by a partnership or legal person more than 50% of the voting rights of which are held by the employer.
1989, c. 38, s. 172; 2000, c. 41, s. 102.
172. In no case may a proportion of the assets of the pension plan greater than 10 % of their total book value be invested directly or indirectly
(1)  in any one property;
(2)  in one or more loans to any one natural person;
(3)  in any form whatever, in any one legal person or in any one body or group of persons or properties without juridical personality, such as an association, a partnership or a trust.
Any group of closed companies within the meaning of the Securities Act (chapter V-1.1), made up either of subsidiaries of the same parent company or of a parent company and its subsidiaries, constitutes one and the same group for the purposes of subparagraph 3 of the first paragraph.
1989, c. 38, s. 172.