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Solvency Funding Relief Regulations, 2009

Version of section 15 from 2009-06-11 to 2015-03-31:


 If a plan is fully terminated and on the day on which it is terminated the liabilities of the plan exceed its assets, the lesser of the amounts determined under subsection 5(4) and the amount by which the liabilities of the plan exceed its assets shall immediately be remitted to the pension fund.


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