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Royal Canadian Mounted Police Superannuation Regulations

Version of section 17 from 2012-09-01 to 2024-04-01:

 A contributor who, as a result of the exercise of a new option under subsection 9(5) of the Act or subsection 14(2) or 16(2), is entitled to an annuity, and to whom undue financial hardship that was unforeseen at the time the option was exercised will be caused if the contributor is required to make the repayment referred to in subparagraph 15(b)(i), may make the repayment in approximately equal monthly instalments, by reservation from the annuity, of an amount not less than 10% of the gross monthly amount of the annuity and any supplementary benefit that relates to it.

  • SOR/95-571, s. 4
  • SOR/2012-124, s. 11

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