Bill C-78
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TABLE OF PROVISIONS |
AN ACT TO ESTABLISH THE PUBLIC SECTOR PENSION
INVESTMENT BOARD, TO AMEND THE PUBLIC SERVICE
SUPERANNUATION ACT, THE CANADIAN FORCES
SUPERANNUATION ACT, THE ROYAL CANADIAN
MOUNTED POLICE SUPERANNUATION ACT, THE
DEFENCE SERVICES PENSION CONTINUATION ACT, THE
ROYAL CANADIAN MOUNTED POLICE PENSION
CONTINUATION ACT, THE MEMBERS OF PARLIAMENT
RETIRING ALLOWANCES ACT AND THE CANADA POST
CORPORATION ACT AND TO MAKE A CONSEQUENTIAL
AMENDMENT TO ANOTHER ACT
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SHORT TITLE |
1. Short title
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INTERPRETATION |
2. Definitions
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CONSTITUTION OF THE BOARD |
3. Board established
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OBJECTS AND POWERS |
4. Objects
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5. Powers of Board
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MANAGEMENT |
Board of Directors |
6. Board of directors
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7. Principal duties
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8. Power to delegate
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Directors |
9. Appointment of directors
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10. Nominating committee
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11. Reappointment of directors
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12. Remuneration of directors
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13. Resignation
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Chairperson |
14. Chairperson
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Officers |
15. Appointment of officers
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Standard |
16. Obligation
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17. Duty to comply
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18. Directors' and officers' insurance
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Decisions of Board of Directors |
19. Decisions
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Conflicts of Interest |
20. Disclosure of director's interest
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General |
21. No constructive notice
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22. Validity of acts
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23. Assertions
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BY-LAWS |
24. By-laws
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25. Copy to Minister
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26. Statutory Instruments Act does not apply
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COMMITTEES |
Establishment |
27. Audit and investment committees
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Audit Committee |
28. Duties of audit committee
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29. Audit committee may request consideration of matters
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30. Auditor's right to attend meetings
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Investment Committee |
31. Duties of investment committee
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INVESTMENTS |
32. Investment policies, standards and procedures
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33. Duty of investment managers
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FINANCIAL MANAGEMENT |
Financial Year |
34. Financial year
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Financial Statements |
35. Books and systems
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Auditor's Report |
36. Annual auditor's report
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37. Notice of errors and omissions
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Auditor |
38. Appointment of auditor
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39. Definition of ``firm of accountants''
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Right to Information |
40. Right to information
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41. Duty to provide information
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Qualified Privilege |
42. Qualified privilege
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Special Audit |
43. Special audit
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Special Examination |
44. Special examination
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45. Report
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46. Who conducts examination
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REPORTING |
Quarterly Statements |
47. Statements to go to ministers
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Annual Report |
48. Annual report required
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MEETINGS |
49. Meetings
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REGULATIONS |
50. Regulations
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OFFENCE |
51. False statements
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WINDING-UP |
52. Insolvency and winding-up
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AMENDMENTS TO THE PUBLIC SERVICE SUPERANNUATION ACT |
53-114. Public Service Superannuation Act
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AMENDMENTS TO THE CANADIAN FORCES SUPERANNUATION ACT |
115-168. Canadian Forces Superannuation Act
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AMENDMENTS TO THE ROYAL CANADIAN MOUNTED POLICE SUPERANNUATION ACT |
169-206. Royal Canadian Mounted Police Superannuation Act
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AMENDMENTS TO OTHER ACTS |
207-215. Defence Services Pension Continuation Act
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216-223. Royal Canadian Mounted Police Pension Continuation
Act
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224-226. Members of Parliament Retiring Allowances Act
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227. Canada Post Corporation Act
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CONSEQUENTIAL AMENDMENT |
228. Payment Clearing and Settlement Act
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TRANSITIONAL PROVISIONS |
229. Transitional provisions
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COMING INTO FORCE |
230-231. Coming into force
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