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Alberta Regulation 192/2006
Protection Against Family Violence Act
PROTECTION AGAINST FAMILY VIOLENCE AMENDMENT REGULATION
Filed: August 9, 2006
For information only:   Made by the Lieutenant Governor in Council (O.C. 361/2006) 
on August 9, 2006 pursuant to section 14 of the Protection Against Family Violence 
Act. 
1   The Protection Against Family Violence Regulation 
(AR 80/99) is amended by this Regulation.

2   Section 1 is amended
	(a)	in subsection (1)
	(i)	in clause (b) by adding "a person or" after 
"means";
	(ii)	by adding the following after clause (c):
	(d)	"order" means an emergency protection order.
	(b)	in subsection (2) by repealing clause (b).

3   Section 3 is repealed and the following is substituted:
Designated persons
3   The following are designated persons for the purpose of 
applying for orders under section 6(1)(b) of the Act:
	(a)	a peace officer or a person authorized by a police 
service to assist in applying for orders;
	(b)	a director designated under section 129 of the Child, 
Youth and Family Enhancement Act;
	(c)	a person or category of persons authorized by the 
Minister of Children's Services to apply for orders.

4   Section 4 is repealed and the following is substituted:
Applications in person or by telecommunication
4(1)  An application for an order shall be made in person.
(2)  Notwithstanding subsection (1), a designated person may 
apply for an order by telecommunication.

5   Section 5(1) is repealed and the following is substituted:
Evidence at hearing
5(1)  At the hearing of an application for an order, a judge shall
	(a)	take the evidence under oath in accordance with the Alberta 
Evidence Act, and
	(b)	ensure that a record of the evidence of each person is made
	(i)	in legible writing in the form of notes made by the judge 
or a statement of the person giving the evidence, or
	(ii)	by a sound recording of the proceedings.

6   Section 6 is repealed and the following is substituted:
Emergency protection order
6   When a judge grants an order, the judge shall complete the 
original order and, for the purposes of sections 7 and 10(2),
	(a)	ensure 3 copies are made, or
	(b)	if the order is granted by telecommunication, direct the 
designated person to complete 3 copies of the order 
containing the same information and provisions as the 
original order.

7   Section 7(2) is repealed and the following is substituted:
(2)  Where a person makes an application on behalf of a claimant, 
that person shall provide a copy of the order to the claimant.

8   Section 8 is amended
	(a)	by repealing subsection (1) and substituting the 
following:
Substitutional service
8(1)  If it is impractical for any reason to personally serve an 
order pursuant to section 7(1), a designated person may apply 
to a judge, in person or by telecommunication, for an order 
for substitutional service.
	(b)	in subsection (3) by striking out "an order that 
authorizes substitutional service of an emergency protection 
order" and substituting "a substitutional service order".

9   Section 10(2) is amended by striking out "5(1)(c)" and 
substituting "2(6) of the Act".

10   Section 12 is amended by striking out "2012" and 
substituting "2016".

11   In the following provisions, "emergency protection" is 
struck out:
section 7; 
section 9; 
section 10.

12   This Regulation comes into force on the coming into 
force of the Protection Against Family Violence Amendment 
Act, 2006.


--------------------------------
Alberta Regulation 193/2006
Agricultural Operation Practices Act
AGRICULTURAL OPERATIONS, PART 2 MATTERS 
AMENDMENT REGULATION
Filed: August 9, 2006
For information only:   Made by the Lieutenant Governor in Council (O.C. 363/2006) 
on August 9, 2006 pursuant to section 44 of the Agricultural Operation Practices Act.
1   The Agricultural Operations, Part 2 Matters Regulation 
(AR 257/2001) is amended by this Regulation.

2   Section 1(1) is amended
	(a)	by adding the following after clause (a):
	(a.1)	"ancillary structure" means any other building or 
structure as described in the definition of a confined 
feeding operation in the Act but does not include a 
manure storage facility or a manure collection area;
	(b)	by repealing clauses (c) and (d) and substituting 
the following:
	(c)	"construction", with respect to a structure, confined 
feeding operation or manure storage facility, does not 
include
	(i)	expansion, modification or general maintenance of 
the structure, confined feeding operation or 
manure storage facility, and
	(ii)	the clearing and levelling of land;
	(d)	"expansion",
	(i)	with respect to a confined feeding operation, 
means the construction of additional facilities to 
accommodate more livestock, and
	(ii)	with respect to a manure storage facility or manure 
collection area, means the construction of 
additional facilities to store more manure, 
composting materials or compost.

3   Section 2 is amended
	(a)	in subsection (1) by striking out "construct or expand" 
and substituting "commence construction or expansion 
of";
	(b)	by repealing subsection (2) and substituting the 
following:
(2)  Subject to subsection (3), an owner or operator of a 
confined feeding operation who holds an approval is not 
required to apply for an amendment to the approval or for 
another approval when the owner or operator wishes to change 
the type of livestock within the same category, and as a result, 
change the number of animals, at the confined feeding 
operation unless the change will increase the amount of manure 
produced, on an annual basis, at the confined feeding operation 
beyond the amount of manure produced by the type of 
livestock and number of animals allowed by the owner's or 
operator's approval.
	(c)	subsection (3) is amended
	(i)	by striking out "the Board" and substituting "an 
approval officer";
	(ii)	by striking out "or number" and substituting "and 
number";
	(d)	by repealing subsection (4) and substituting the 
following:
(4)  An owner or operator of a confined feeding operation who 
holds an approval is not required to apply for an amendment to 
the approval or for a new approval if
	(a)	the owner or operator is not reconstructing or modifying 
a part of the confined feeding operation where manure, 
composting materials or compost accumulates or is 
stored and if the reconstruction or modification will not 
result in an increased capacity of the manure storage 
facility or the manure collection area of the confined 
feeding operation, or
	(b)	the owner or operator holds an authorization to 
commence construction, expansion or modification of 
the manure storage facility or the manure collection area 
of the confined feeding operation.

4   Section 3 is amended
	(a)	in subsection (1) by striking out "construct or expand" 
and substituting "commence construction or expansion 
of";
	(b)	by repealing subsection (2) and substituting the 
following:
(2)  Subject to subsection (3), an owner or operator of a confined 
feeding operation who holds a registration is not required to 
apply for an amendment to the registration or for another 
registration when the owner or operator wishes to change the 
type of livestock within the same category, and as a result, 
change the number of animals, at the confined feeding operation 
unless the change will increase the amount of manure produced, 
on an annual basis, at the confined feeding operation beyond the 
amount of manure produced by the type of livestock and number 
of animals allowed by the owner's or operator's registration.
	(c)	in subsection (3)
	(i)	by striking out "the Board" and substituting "an 
approval officer";
	(ii)	by striking out "or number" and substituting "and 
number";
	(d)	by repealing subsection (4) and substituting the 
following:
(4)  An owner or operator of a confined feeding operation who 
holds a registration is not required to apply for an amendment 
to the registration or for a new registration if
	(a)	the owner or operator is not reconstructing or modifying 
a part of the confined feeding operation where manure, 
composting materials or compost accumulates or is 
stored and if the reconstruction or modification will not 
result in an increased capacity of the manure storage 
facility or the manure collection area of the confined 
feeding operation, or
	(b)	the owner or operator holds an authorization to 
commence construction, expansion or modification of 
the manure storage facility or the manure collection area 
of the confined feeding operation.

5   Section 4 is repealed and the following is substituted:
Authorization required
4(1)  An authorization is required to commence construction, 
expansion or modification of a manure storage facility that is not 
part of a confined feeding operation if the manure storage facility 
contains or is to contain a total of 500 tonnes or more of manure, 
composting materials and compost for 7 months or more in any 
calendar year.
(2)  An authorization is required to commence construction, 
expansion or modification of a manure storage facility or a manure 
collection area that is part of a confined feeding operation unless 
the owner or operator of the confined feeding operation holds an 
approval or a registration authorizing the construction, expansion 
or modification.
(3)  Despite subsections (1) and (2), an owner or operator of a 
manure storage facility or a confined feeding operation who holds 
an authorization is not required to apply for an amendment to the 
authorization or for a new authorization if the owner or operator is 
not reconstructing or modifying the part of the manure storage 
facility or the manure collection area where manure, composting 
materials or compost accumulates or is stored and if the 
reconstruction or modification will not result in an increased 
capacity of the manure storage facility or the manure collection 
area.

6   The following is added after section 4:
Ancillary structures
4.1(1)  An owner or operator of a confined feeding operation who 
holds an approval or registration
	(a)	is not required to apply for an amendment to the 
approval or registration or for a new approval or 
registration for construction, reconstruction or 
modification of an ancillary structure, but
	(b)	must provide an approval officer or the Board with 
notice in writing prior to the commencement of 
construction, reconstruction or modification of an 
ancillary structure.
(2)  On receipt, by an approval officer or the Board, of a notice 
under subsection (1)(b), the ancillary structure described in the 
notice forms part of the confined feeding operation for which the 
owner or operator holds an approval or registration.

7   Section 5.1 is amended
	(a)	by striking out "on a confined feeding operation";
	(b)	by adding "an approval officer or" before "the Board".

8   Schedule 1 and Schedule 2 are repealed and the 
following is substituted:
Schedule 1 
 
Animal Units
Category of 
Livestock
Type of Livestock
Factor to be 
used to 
determine the 
animal units
Beef
Cows/Finishers (900+ lbs)
1.1

Feeders (450 - 900 lbs)
2

Feeder Calves (< 550 lbs)
3.6
Dairy

(*count lactating 
cows only to 
calculate animal 
units)
Free Stall - Lactating Cows 
with all associated dries, 
heifers, and calves*
0.5

Free Stall - Lactating with Dry 
Cows only*
0.6

Free Stall - Lactating cows 
only
0.7

Tie Stall - Lactating cows only
0.7

Loose Housing - Lactating 
cows only
0.7

Dry cow
1

Replacements - Bred Heifers 
(Breeding to calving)
1.15

Replacements - Growing 
Heifers (350 lbs to breeding)
1.9

Calves (< 350 lbs)
5
Swine

(*count sows only 
to calculate animal 
units)
Farrow to finish*
0.56

Farrow to wean*
1.5

Farrow only*
1.9

Feeders/Boars
5

Growers/Roasters
8.5

Weaners
18.2
Poultry
Chicken - Breeders
100

Chicken - Layer-Liquid 
(includes associated pullets)
125

Chicken - Layers (Belt Cage)
150

Chicken - Layers (Deep Pit)
150

Chicken - Pullets/Broilers
500

Turkeys - Toms/Breeders
50

Turkey - Hens (light)
75

Turkey - Broilers
100

Ducks
100

Geese
50
Horses
PMU
1

Feeders > 750 lbs
1

Foals < 750 lbs
3.3

Mules
1

Donkeys
1.5
Sheep
Ewes/rams
5

Ewes with Lambs
4

Lambs
21

Feeders
10
Goats
Meat/Milk (per Ewe)
6

Nannies/Billies
10

Feeders
13
Bison
Bison
1
Cervid
Elk
1.7

Deer
5
Wild Boar
Feeders
6

Sow (farrowing)
1.25
Schedule 2 
 
Threshold Levels
Category 
of 
Livestock
Type of Livestock
Column 2
Column 3


Number of 
Animals 
(registration)
Number of 
Animals 
(approvals)
Beef
Cows/Finishers (900+ lbs)
150 - 349
350+

Feeders (450 - 900 lbs)
200 - 499
500+

Feeder Calves (< 550 lbs)
360 - 899
900+
Dairy
(*count 
lactating 
cows 
only)

Lactating cows*
(Lactating cows only - 
associated Dries, Heifers, 
and Calves are not 
counted)
50 - 199
200+
Swine
(*count 
sows 
only)
Farrow to finish*
30 - 249
250+

Farrow to wean*
50 - 999
1000+

Farrow only*
60 - 1249
1250+

Feeders/Boars
500 - 3299
3300+

Roasters
500 - 5999
6000+

Weaners
500 - 8999
9000+
Poultry
Chicken - Breeders
1000 - 15999
16000+

Chicken - Layer (includes 
associated pullets)
5000 - 29999
30000+

Chicken - Pullets/Broilers
2000 - 59999
60000+

Turkeys - Toms/Breeders
1000 - 29999
30000+

Turkey - Hens (light)
1000 - 29999
30000+

Turkey - Broiler
1000 - 29999
30000+

Ducks
1000 - 29999
30000+

Geese
1000 - 29999
30000+
Horses
PMU
100 - 399
400+

Feeders > 750 lbs
100 - 299
300+

Foals < 750 lbs
350 - 999
1000+

Mules
100 - 299
300+

Donkeys
150 - 449
500+
Sheep
Ewes/rams
300 - 1999
2000+

Ewes with Lambs
200 - 1999
2000+

Lambs
1000 - 4999
5000+

Feeders
500 - 2499
2500+
Goats
Meat/Milk
200 - 1999
2000+

Nannies/Billies
400 - 2999
3000+

Feeders
500 - 4999
5000+
Bison
Bison
150 - 349
350+
Cervid
Elk
150 - 399
400+

Deer
200 - 999
1000+
Wild 
Boar
Feeders
100 - 299
300+

Sow (farrowing)
50 - 99
100+
	-	When Dairy Replacement Heifers are housed away from the 
dairy treat as Beef - Feeders.
	-	When Dairy calves are housed away from the dairy treat as Beef 
- Feeder Calves

9   This Regulation comes into force on October 1, 2006.


--------------------------------
Alberta Regulation 194/2006
Public Utilities Board Act
PUBLIC UTILITIES DESIGNATION REGULATION
Filed: August 9, 2006
For information only:   Made by the Lieutenant Governor in Council (O.C. 372/2006) 
on August 9, 2006 pursuant to sections 101, 102 and 109 of the Public Utilities Board 
Act. 
Designated public utilities
1(1)  Sections 101 and 102 of the Public Utilities Board Act apply to 
the following owners of public utilities:
	(a)	722924 Alberta Ltd.;
	(b)	762265 Alberta Limited;
	(c)	AltaLink Investment Management Ltd.;
	(d)	AltaLink Management Ltd.;
	(e)	ATCO Electric Ltd.;
	(f)	Calalta Waterworks Ltd.;
	(g)	Canadian Utilities Limited;
	(h)	Corix Utilities Inc.;
	(i)	Corix Utilities (Foothills Water) Inc.;
	(j)	CU Inc.;
	(k)	CU Water Limited;
	(l)	ENMAX Corporation;
	(m)	ENMAX Power Corporation;
	(n)	EPCOR Distribution Inc.;
	(o)	EPCOR Transmission Inc.
	(p)	EPCOR Utilities Inc.;
	(q)	Fortis Alberta Holdings Inc.;
	(r)	FortisAlberta Inc.;
	(s)	Langdon Waterworks Limited;
	(t)	Macquarie GP Holdings Ltd.;
	(u)	Macquarie Transmission Alberta Ltd.;
	(v)	Sarcee Developments Ltd.;
	(w)	SNC-Lavalin Energy Alberta Ltd.;
	(x)	SNC-Lavalin Transmission Ltd.;
	(y)	SNC-Lavalin Transmission II Ltd.;
	(z)	TransAlta Corporation;
	(aa)	TransAlta Utilities Corporation;
	(bb)	Westridge Utilities Inc.
(2)  Section 109 of the Public Utilities Board Act applies to the 
following owners of public utilities:
	(a)	722924 Alberta Ltd.;
	(b)	762265 Alberta Limited;
	(c)	AltaGas Utilities Inc.;
	(d)	AltaGas Utility Holdings Inc.;
	(e)	AltaLink Investment Management Ltd.;
	(f)	AltaLink Management Ltd.;
	(g)	ATCO Electric Ltd.;
	(h)	ATCO Gas and Pipelines Ltd.;
	(i)	Calalta Waterworks Ltd.;
	(j)	Canadian Utilities Limited;
	(k)	Corix Utilities Inc.;
	(l)	Corix Utilities (Foothills Water) Inc.;
	(m)	CU Inc.;
	(n)	CU Water Limited;
	(o)	ENMAX Corporation;
	(p)	ENMAX Power Corporation;
	(q)	EPCOR Distribution Inc.;
	(r)	EPCOR Transmission Inc.;
	(s)	EPCOR Utilities Inc.;
	(t)	Fortis Alberta Holdings Inc.;
	(u)	FortisAlberta Inc.;
	(v)	Langdon Waterworks Limited;
	(w)	Macquarie GP Holdings Ltd.;
	(x)	Macquarie Transmission Alberta Ltd.;
	(y)	NOVA Gas Transmission Ltd.;
	(z)	Sarcee Developments Ltd.;
	(aa)	SNC-Lavalin Energy Alberta Ltd.;
	(bb)	SNC-Lavalin Transmission Ltd.;
	(cc)	SNC-Lavalin Transmission II Ltd.;
	(dd)	TransAlta Corporation;
	(ee)	TransAlta Utilities Corporation;
	(ff)	Westridge Utilities Inc.
Repeal
2   The Designation Regulation (AR 131/2000) is repealed.
Expiry
3   For the purpose of ensuring that this Regulation is reviewed for 
ongoing relevancy and necessity, with the option that it may be 
repassed in its present or an amended form following a review, this 
Regulation expires on July 30, 2016.


--------------------------------
Alberta Regulation 195/2006
Municipal Government Act
HIGHWAY 12/21 REGIONAL WATER SERVICES 
COMMISSION REGULATION
Filed: August 9, 2006
For information only:   Made by the Lieutenant Governor in Council (O.C. 376/2006) 
on August 9, 2006 pursuant to section 602.02 of the Municipal Government Act. 
Table of Contents
	1	Establishment
	2	Members
	3	Water supply system
	4	Operating deficits
	5	Sale of property
	6	Profit and surpluses
	7	Approval
Establishment
1   A regional services commission known as the Highway 12/21 
Regional Water Services Commission is established.
Members
2   The following municipalities are members of the Commission:
	(a)	Lacombe County;
	(b)	Town of Bashaw;
	(c)	Village of Alix;
	(d)	Village of Clive.
Water supply system
3   The Commission is authorized to provide and operate a water 
supply system.
Operating deficits
4   The Commission may not assume operating deficits that are shown 
on the books of any of the member municipalities.
Sale of property
5(1)  The Commission may not, without the approval of the Minister, 
sell any of its land, buildings, equipment or inventory whose purchase 
has been funded wholly or partly by grants from the Government of 
Alberta.
(2)  The Minister may not approve a sale under subsection (1) unless 
the Minister is satisfied
	(a)	as to the repayment of the grants from the Government of 
Alberta and outstanding debt associated with that portion of 
the land, buildings, equipment or inventory to be sold,
	(b)	that the sale would not have a significant adverse effect on 
the services the Commission provides, and
	(c)	that the sale will be properly reflected in the rates 
subsequently charged to the customers of the Commission.
Profit and surpluses
6   Unless otherwise approved by the Minister, the Commission may 
not
	(a)	operate for the purposes of making a profit, or
	(b)	distribute any of its surpluses to its member municipalities.
Approval
7   The Minister may make an approval under section 5 or 6 subject to 
any terms or conditions the Minister considers appropriate.


--------------------------------
Alberta Regulation 196/2006
Regulations Act
MISCELLANEOUS CORRECTIONS REGULATION
Filed: August 9, 2006
For information only:   Made by the Lieutenant Governor in Council (O.C. 196/2006) 
on August 9, 2006 pursuant to section 10 of the Regulations Act. 
1   The Authorities Designation Regulation (AR 64/2003) is 
amended in section 1 by striking out "The Administrative 
Procedures Act" and substituting "the Administrative Procedures 
and Jurisdiction Act".

2   The Court Agents Regulation (AR 68/2001) is amended in 
section 1(e) by striking out "Schedule 13" and substituting 
"Schedule 12".

3(1)  The Credit Union (Ministerial) Regulation (AR 250/89) is 
amended by this section.
(2)  Section 2 is amended by striking out "(xx)" and 
substituting "(yy)".
(3)  Section 11(1) is amended by striking out "84" and 
substituting "85".
(4)  Section 11(1)(b) is amended by striking out "81" and 
substituting "82".
(5)  Section 12(1) is amended by striking out "87" and 
substituting "88".
(6)  Section 13(1) is amended by striking out "116(8), 117(4) 
and 119(5) and (6)" and substituting "117(8), 118(4) and 120(5) 
and (6)".
(7)  Section 14(1) is amended by striking out "137" and 
substituting "135".
(8)  Section 15(2) is amended by striking out "153" and 
substituting "151".
(9)  Section 18(1) is amended by striking out "168" and 
substituting "166".
(10)  Section 18.1 is amended by striking out "188.2" and 
substituting "188".
(11)  Section 19(1) is amended by striking out "194" and 
substituting "195".
(12)  Schedule 2 is amended by striking out "188.2" and 
substituting "188".

4   The Disaster Recovery Regulation (AR 51/94) is 
amended in section 7(3) by striking out "4" and substituting 
"5".

5   The Forest Recreation Regulation (AR 343/79) is 
amended in section 15.1(3)(c) by striking out "motorcycle." 
and substituting "motorcycle".

6   The Ironworker Trade Regulation (AR 156/2006) is 
amended by repealing the title to Part 6 and substituting the 
following:
Part 6 
Repeal and Expiry

7(1)  The Loan and Trust Corporations Regulation (AR 171/92) 
is amended by this section.
(2)  Section 37(5) and (6) are amended by striking out 
"(SA 91 cL26.5)" and substituting "(SA 1991 cL-26.5)".
(3)  Section 42(2) is amended by striking out "311" and 
substituting "312".
(4)  Section 44(2)(a) and (b)(i) are amended by striking out 
"(SA 91 cL26.5)" and substituting " (SA 1991 cL-26.5)".
(5)  Section 54(c) is amended by striking out "277" and 
substituting "278".

8   The Lending Institutions Regulation (AR 340/86) is 
amended in section 1 by striking out "11" and substituting 
"5".

9   The Long Term Disability Benefits Regulation 
(AR 176/78) is amended in section 12(1)(b) by striking out 
"39" and substituting "33".

10   The Management Employees Pension Plan (AR 367/93) 
is amended in section 2(1)(dd.1) by repealing the 2nd 
subclause (iii).

11(1)  The Members of the Legislative Assembly Pension Plan 
Regulation (AR 319/85) is amended by this section.
(2)  Section 11 of Schedule 1 is amended
	(a)	in clause (b) by striking out "18" and substituting 
"19";
	(b)	in clause (c) by striking out "section 18(1)(a) of the Act" 
and substituting "section 19(1)(a) of Schedule 1 to the 
Act".
(3)  Section 16(2) of Schedule 1 is amended by striking out 
"39" and substituting "42".
(4)  Section 17 of Schedule 1 is amended by striking out 
"29" and substituting "33".
(5)  Section 10 of Schedule 2 is amended by striking out 
"25" and substituting "26".
(6)  Section 17 of Schedule 2 is amended by striking out 
"17" and substituting "18".

12   The Natural Gas Price Protection Regulation 
(AR 157/2001) is amended in section 1(1)(h.1)(i)(B) by 
striking out "2006" and substituting "2005".

13(1)  The Nursing Homes Operation Regulation (AR 258/85) 
is amended by this section.
(2)  Section 4(1) is amended by striking out "6(2)" and 
substituting "2(2)".
(3)  Section 4(2) is amended by striking out "6(3)" and 
substituting "2(2)".
(4)  Section 11(1) is amended by striking out "27" and 
substituting "20".

14   The Student Financial Assistance Regulation 
(AR 298/2002) is amended in Schedule 2, section 8(3)(d) by 
striking out "or".

15   The Subdivision and Development Regulation 
(AR 43/2002) is amended in section 5(5)(f) by striking out 
"section 10 of" and by striking out "(RSA 1980 cP-30)".

16   The Surrogate Rules (AR 130/95) is amended in 
Schedule 3, form NC 31, item 6 by striking out "adminstration" 
and substituting "administration".

17(1)  The Teachers' and Private School Teachers' Pension 
Plans (AR 203/95) is amended by this section.
(2)  Schedule 1, section 1(1)(p)(i)(A) is amended by striking 
out "78 or 94.1" and substituting "97 or 114".
(3)  Schedule 1, section 1(1)(p)(i)(B) is amended by striking 
out "77" and substituting "96".
(4)  Schedule 1, section 1(1)(p)(i)(C) is amended
	(a)	by striking out "24.5" and substituting "36";
	(b)	by striking out "77, 78 or 94.1" and substituting "96, 
97 or 114".
(5)  Schedule 1, section 1(1)(y) is amended by striking out 
"1(1)(s.1)" and substituting "1(1)(x)".
(6)  Schedule 1, section 1(1)(aaa) is amended by striking out 
"81(1)" and substituting "100(1)".
(7)  Schedule 1, section 8 is amended by striking out "81(1)" 
and substituting "100(1)".

18(1)  The Widows' Pension Regulation (AR 166/83) is 
amended by this section.
(2)  Section 2(j) is amended by striking out "section 93 of the 
Child Welfare Act" and substituting "section 128 of the Child, 
Youth and Family Enhancement Act".
(3)  Section 2(o.1) is amended by striking out "42" and 
substituting "47".

19   The Wildlife Regulation (AR 143/97) is amended in 
section 1(1)(h) of the Schedules by striking out "section 11 
of".


--------------------------------
Alberta Regulation 197/2006
Employment Pension Plans Act
EMPLOYMENT PENSION PLANS (GENERAL, 2006) 
AMENDMENT REGULATION
Filed: August 10, 2006
For information only:   Made by the Lieutenant Governor in Council (O.C. 366/2006) 
on August 9, 2006 pursuant to section 87 of the Employment Pension Plans Act. 
1   The Employment Pension Plans Regulation (AR 35/2000) 
is amended by this Regulation.

2   Section 1 is amended
	(a)	by repealing subsection (1)(a) to (h) and 
substituting the following:
	(a)	"Canada Revenue Agency" means the body commonly 
known as the Canada Revenue Agency;
	(b)	"personal information" means personal information 
within the meaning of the Freedom of Information and 
Protection of Privacy Act;
	(c)	"plan termination basis" means a basis for determining 
in a review the value of a plan's liabilities arising from 
defined benefit provisions that
	(i)	is predicated on the hypothesis of the plan's 
terminating at the review date and takes into 
account any benefit increases or decreases as a 
result of the hypothetical termination, other than 
decreases resulting from a reduction in benefits as 
contemplated by section 55, and
	(ii)	is based on assumptions and methods and a 
manner for the determination of commuted values 
that meet the conditions of section 1(1)(h)(i)(A) 
and (C) of the Act and, unless the Superintendent 
so allows in writing, the conditions set out in 
section 29 of this Regulation;
	(d)	"predecessor plan" means the pension plan from which 
members are transferred in a transaction referred to in 
section 65(2);
	(e)	"review" means a review of defined benefit provisions 
under section 13(4) of the Act;
	(f)	"review date" means, in relation to a review, the date as 
of which that review is made or was required to be 
made;
	(g)	"solvency deficiency" means the amount, if any, by 
which the plan's liabilities that arise from defined 
benefit provisions, determined on a plan termination 
basis and as of the review date for that determination, 
exceed,
	(i)	in the case of a pension plan that is not wholly 
terminating, the value of those of its assets that 
relate to defined benefit provisions as determined 
under section 2(2), and
	(ii)	in the case of a plan that is wholly terminating, the 
value of those of its assets that relate to defined 
benefit provisions as determined under section 
2(2), excluding the items specified in section 
2(2)(b)(ii);
	(h)	"successor plan" means the pension plan to which 
members are transferred in a transaction referred to in 
section 65(2).
	(b)	by repealing subsection (2);
	(c)	in subsection (4)
	(i)	in clause (a) by striking out "for a LIRA or 
contract";
	(ii)	by adding "or" at the end of clause (a), striking 
out ", or" at the end of clause (b) and repealing 
clause (c);
	(d)	by repealing subsection (5);
	(e)	in subsection (7) by striking out ", to the extent that the 
retirement income arrangement is a LIF, and section 41, to 
the extent that it is an LRIF";
	(f)	by repealing subsections (8), (9) and (10) and 
substituting the following:
(8)  Where reference is made in the Act to a pension plan, except 
in section 19 and 20(1) and (3) of the Act, the reference is to be 
taken as a reference to a plan that has been registered under the 
legislation or under the equivalent laws of a designated 
jurisdiction.
(9)  For the purposes of the Act, a person is adversely affected by 
an amendment to a pension plan if the amendment negatively 
affects the person's entitlement or potential entitlement to a 
benefit or increases the cost to the member of securing a benefit.
(10)  For the purposes of the Act, money is locked in to a 
pension plan, LIRA, LIF or annuity if the money to which an 
individual is entitled may only be paid in the form of a pension, 
retirement income or annuity, as the case may be, or if the 
withdrawal, surrender or commutation of the money is prohibited 
by or as the result of the application of
	(a)	section 35(1) or (2) or 64(2) of the Act,
	(b)	section 32(1), 39, 40, 41 or 46.1 of this Regulation, or
	(c)	in the case of a pension plan, any legislation of a 
designated jurisdiction that is similar to a provision 
referred to in clause (a) or section 32(1) or 46.1 to the 
extent, where applicable, that it applies with respect to 
plans.
(11)  For the purposes of interpreting any provision of the Act as 
it applies in respect of a DC RIA, the definition of "pension" in 
section 1(1)(dd) of the Act includes DC RIA benefits.
(12)  For the purposes of interpreting any provision of the Act 
that refers to the execution of a waiver form, the exercise of an 
Option or the waiving or giving up by a pension partner of any 
pension partner rights or entitlements, by reference to a 
prescribed form or a portion of a prescribed form, that provision 
is to be treated as referring to
	(a)	the full execution (including the signing) of that form or 
the relevant portion of that form, as the case may be, in 
the form, and in a manner that meets all the procedural 
and other requirements, prescribed in that form or that 
part of the form, and
	(b)	the provision of that form or the relevant portion of it by 
any person (including another person after a signer's 
death) to the relevant administrator or financial 
institution.

3   Section 2 is amended
	(a)	in subsection (1)
	(i)	by repealing clause (a) and substituting the 
following:
	(a)	"acknowledged" means, in relation to a financial 
institution, currently acknowledged under section 
38 in relation to LIRAs or LIFs or both, as the case 
may be;
	(a.1)	"addendum" means the portion of this Regulation 
and of a LIRA or LIF that is prescribed by Form 1 
or 2, comprising material required by section 39 or 
40 to be included in a LIRA or LIF, as the case 
may be, and "LIRA addendum" and "LIF 
addendum" are to be construed accordingly;
	(a.2)	"Alberta locked-in money" means money in a 
pension plan, LIRA or LIF
	(i)	that
	(A)	originally belonged to a member who 
terminated membership in Alberta,
	(B)	belongs to a surviving pension partner 
of
	(I)	a member who died while 
employed in Alberta,
	(II)	a former member who terminated 
membership while employed in 
Alberta, or
	(III)	the original owner of a LIRA,
						or
	(C)	belongs to a non-member-pension 
partner owing to the application of Parts 
4 of the legislation and originally 
belonged to a member who was 
employed in Alberta at the end of the 
period of joint accrual referred to in 
section 57(a),
					and
	(ii)	with respect to which the locking-in 
requirements of the legislation are still 
required to be met;
	(a.3)	"annuity" means a non-commutable life annuity 
contract issued or to be issued by an insurance 
business that meets the conditions set out in 
paragraph 60(l) of the Income Tax Act (Canada) 
and that will not commence before the person 
entitled to it attains the age of 50 years;
	(a.4)	"audited financial statements" means financial 
statements that are
	(i)	prepared in accordance with Canadian 
generally accepted accounting principles, as 
described in the Handbook of the Canadian 
Institute of Chartered Accountants, as 
amended up to the relevant date, and
	(ii)	accompanied by an audit report that is 
prepared
	(A)	by or under the auspices of a public 
accounting firm within the meaning of 
the Regulated Accounting Profession 
Act, and
	(B)	in accordance with Canadian generally 
accepted auditing principles, as 
described in the Handbook, as amended, 
referred to in subclause (i);
	(a.5)	"certified copy", used in relation to a form, means 
a copy that is certified by a commissioner for oaths 
or a notary public as a true copy of the original 
signed form or of a copy that was so certified;
	(a.6)	"DC RIA" (an acronym for defined contribution 
retirement income account) means an account, if 
any, created under defined contribution provisions 
of a pension plan that provides the benefits 
referred to in section 46(8) of the Act in the 
manner set out in section 46.1 of this Regulation;
	(a.7)	"DC RIA benefits" means the benefits referred to 
in clause (a.6);
	(a.8)	"estate", used in relation to a deceased person, 
means the personal representatives of the 
deceased's estate in their representative capacity;
	(a.9)	"50% unlocking option" means the option offered 
or to be offered under or in relation to Schedule 
1.1;
	(ii)	in clause (b)
	(A)	by striking out "1(l)(d)" and substituting 
"1(1)(q.1) of the Act";
	(B)	by striking out "Act or this Regulation" and 
substituting "legislation";
	(iii)	by adding the following after clause (b):
	(b.1)	"financial institution" means the underwriter or 
depositary of a LIRA or LIF, as the case may be 
and, where the context relates to an annuity, 
includes an insurance business referred to in clause 
(a.3);
	(iv)	by adding the following after clause (c):
	(c.1)	"Form", followed by a number, means the form set 
out in Schedule 1 corresponding to that number;
	(v)	by repealing clause (h);
	(vi)	in clause (i) by striking out "will not commence 
before the person entitled to it attains the age of 50 
years and that";
	(vii)	by repealing clause (j);
	(viii)	by repealing clauses (l), (m) and (n) and 
substituting the following:
	(l)	"LRIF" means a former retirement income 
arrangement known as a locked-in retirement 
income fund that was a RRIF and that is or was 
liable to conversion or transfer pursuant to section 
41;
	(m)	"non-DC RIA portion of a plan" means
	(i)	the defined benefit provisions of a pension 
plan, or
	(ii)	those defined contribution provisions of a 
plan that do not make provision for a 
DC RIA;
	(n)	"Option",
	(i)	followed by the numeral "1", means the 
option, so entitled, in Part 1 of Form 6 
agreeing to the unlocking of up to 50% of 
commuted value or the value of the vehicle 
account in question,
	(ii)	followed by the numeral "2", means the 
option, so entitled, in Part 1 of Form 6 giving 
up the right to receive the minimum 60% 
survivor pension or annuity, and
	(iii)	followed by the numeral "3", means the 
option , so entitled, in Part 2 of Form 6 giving 
up all rights as automatic designated 
beneficiary,
		such option being exercisable by a pension partner;
	(ix)	by repealing clauses (p), (q) and (r) and 
substituting the following:
	(p)	"original owner" means, in the context of a LIRA 
or LIF, an individual who was a member or former 
member of a pension plan and who made a transfer 
pursuant to section 38 or 30(5) of the Act or 
section 39, 40, 41 or 46.1 of this Regulation 
(whether before or after the commencement of this 
clause), the assets deriving from which transfer are 
currently held in a LIRA or LIF, as the case may 
be;
	(p.1)	"owner" means
	(i)	an original owner,
	(ii)	a surviving pension partner owner, or
	(iii)	a non-member-pension partner who owns a 
LIRA or LIF, as the case may be, as a result 
of the application of Parts 4 of the legislation;
	(q)	"portability" means the capacity to transfer money 
on a locked-in basis from one vehicle to another;
	(q.1)	"publicly funded plan" means a pension plan, 
including a supplemental pension plan,
	(i)	that is wholly or partially funded, whether 
directly or indirectly, from a public entity that 
operates on a non-profit basis and that is, was 
or has the potential to be an employer under a 
pension plan covered by the Public Sector 
Pension Plans Act or Schedule 1 to the 
Teachers' and Private School Teachers' 
Pension Plans (AR 203/95) or from a source 
related to such an entity, and
	(ii)	that is designated by the Superintendent, by 
written notice to that entity and the plan's 
administrator, as a publicly funded plan for 
the purposes of the legislation;
	(r)	"retirement income" means a series of payments to 
the owner of a LIF, or DC RIA benefits, and 
includes future entitlements to any such payments 
or benefits;
	(r.1)	"retirement income commencement" means, with 
respect to the money in question, the time when a 
former member or an original owner initially 
transfers or transferred the money from a pension 
plan or a LIRA to a LIF, a DC RIA or an LRIF 
(before its abolition);
	(x)	by repealing clause (u);
	(xi)	in clause (v) by adding "and (b)(i)" after "(2)(a)";
	(xii)	by adding the following after clause (x):
	(x.1)	"surviving pension partner owner" means, in 
relation to money that is currently held in a LIRA 
or a LIF, as the case may be, an individual who 
made a transfer pursuant to section 39(6) of the 
Act or section 39(27) of this Regulation;
	(x.2)	"the legislation" means the Act or this Regulation 
or both, as the case may be;
	(x.3)	"transferee financial institution" means a financial 
institution that has received or is to receive money 
for deposit into a LIRA, LIF or annuity;
	(x.4)	"transferor financial institution" means a financial 
institution that has transferred or is to transfer 
money for deposit into a pension plan, LIRA, LIF 
or annuity;
	(xiii)	by adding the following after clause (y):
	(z)	"vehicle" means a pension plan generally, the 
DC RIA or non-DC RIA portion of a plan 
specifically, a LIRA, a LIF or an annuity;
	(b)	in subsection (2)
	(i)	by striking out "subsection (1)(u)" wherever it 
occurs and substituting "section 1(1)(g)";
	(ii)	in clause (b)(ii) by adding "referred to in section 
48(3)(b)" after "any special payments";
	(c)	by repealing subsections (3), (5) and (6) and 
substituting the following:
(3)  Where a provision of this Regulation requires or allows a 
person to provide a certified copy of a Form to another person, 
that provision is met if the original is provided instead.

4   Section 3 is amended by renumbering it as section 3(1) 
and by adding the following after subsection (1):
(2)  Without limiting any other rights as to the collection, use or 
disclosure of personal information, the Superintendent and a 
financial institution may collect and use such information as is 
needed to implement section 41.1.
(3)  For the purposes of section 87(1)(d.1) of the Act, the 
Superintendent may collect and may disclose to the Director of 
Maintenance Enforcement such information relating to 
maintenance, and owners who the Superintendent considers are or 
are probably debtors, within the meaning of the Maintenance 
Enforcement Act, as that Director needs for the purposes of a 
program under that Act.

5   Section 4 is amended
	(a)	in clause (a)
	(i)	by adding "12.1(4)," after "8,";
	(ii)	by adding "and (1.1)" after "20(1)";
	(iii)	by striking out "and 76(3) and (4)" and 
substituting ", 76(3) and (4) and 77.1(3)";
	(b)	in clause (b)
	(i)	by adding "13.1," after "12,";
	(ii)	by striking out "27(1), (3) and (4), 29(1)(b)" and 
substituting "27(2), (3) and (5)".

6   The following is added after section 4:
Attachment of conditions to consents, etc.
4.1   Where a provision of this Regulation empowers the 
Superintendent to give a consent, approval, exemption or other 
permission, if the permission is given in writing, the 
Superintendent may attach any conditions in and to it that are 
considered appropriate in the circumstances.

7   Section 5 is amended
	(a)	by striking out "1(1)(g)" wherever it occurs and 
substituting "1(1)(cc.1) of the Act";
	(b)	by striking out "participating" wherever it occurs.

8   The following is added after section 5:
Removal and appointment of  
administrator - relevant periods
5.1(1)  The number of days prescribed for the purposes of
	(a)	section 12.1(3) of the Act is 30, and
	(b)	section 12.1(4) of the Act is 30.
(2)  If the Superintendent considers that the plan is in imminent 
danger of serious damage to its financial viability or that persons 
who are entitled to benefits are in imminent danger of not being 
paid those benefits, the Superintendent may reduce or nullify the 
number of days specified in subsection (1)(a) or (b) or both and, if 
so, shall give the notice under section 12.1(3) of the Act at the 
earliest time practicable and allow as long as practicable for 
representations under section 12.1(4) of the Act.

9   Section 6 is amended
	(a)	in subsection (1)
	(i)	by striking out ", subject to subsection (2),";
	(ii)	by striking out "$4.50" and substituting "$7.00";
	(iii)	by striking out "$70" and substituting "$200";
	(iv)	by striking out "$7000" and substituting 
"$20 000";
	(b)	by repealing subsections (2) and (3) and 
substituting the following:
(2)  Where a return referred to in section 14(3)(a)(ii) of the Act is 
not filed before the time specified in section 8(2)(a) of this 
Regulation, an additional fee equal to 10% of the fee required by 
subsection (1) is payable within 30 days after that time.

10   Section 7 is amended by striking out "document referred to 
in section 19(1)(a) of the Act" and substituting "plan document".

11   The portion of section 10(2) preceding clause (a) is 
struck out and the following is substituted:
(2)  Actuarial valuation reports and cost certificates resulting from 
reviews performed as at dates after the effective date of the plan must 
be filed not later than,

12   Section 11 is amended by repealing subsection (2) and 
substituting the following:
(2)  The period prescribed for the purposes of section 14(3)(d) of 
the Act is 180 days or such shorter period as the Superintendent 
specifies by notice in writing to the administrator.
(3)  The financial statements prescribed for the purposes of section 
14(3)(d) of the Act are,
	(a)	in the case of a specified multi-employer plan, the 
audited financial statements of the plan,
	(b)	in the case of any plan that is not a specified 
multi-employer plan and that contains defined benefit 
provisions and where the market value of its assets 
related to the defined benefit provisions, as at the end of 
the latest fiscal year, equal or exceed $3 000 000, the 
audited financial statements of the pension fund that 
relate, or so far as those statements relate, to those 
provisions,
	(c)	in the case of any plan that is not a specified 
multi-employer plan and that contains defined 
contribution provisions and where at least $1 000 000 in 
market value of the assets related to those provisions, as 
at the end of the latest fiscal year, are invested solely at 
the direction of the employer, the audited financial 
statements of the pension fund that relate, or so far as 
those statements relate, to those provisions, and
	(d)	if so requested by the Superintendent by notice in 
writing in respect of any plan, including one referred to 
in clause (a), (b) or (c), the audited financial statements 
of the plan or the pension fund or any other financial 
statements, as specified by the Superintendent in the 
notice, covering any material and in the form and as of 
the date so specified.

13   Section 12 is amended
	(a)	in subsection (1) by striking out "Customs and";
	(b)	in subsection (2)
	(i)	by striking out "The" and substituting "Unless an 
explanation or summary of the same amendment has 
already been provided under section 13.1, the";
	(ii)	by repealing clause (a);
	(iii)	in clause (b) by striking out "where the amendment 
does not have such an adverse effect,".

14   Section 13 is amended
	(a)	by repealing subsection (1)(a) to (d) and 
substituting the following:
	(a)	a statement identifying the fund holder,
	(b)	where member required contributions related to a 
defined benefit provision are receiving interest at a rate 
set by reference to the CANSIM rate within the 
meaning of section 33(1)(b), a statement to that effect 
and a statement as to when interest is calculated and 
applied,
	(c)	where the fund rate of return within the meaning of 
section 33(1)(e) is applied under section 33 and some or 
all of the investments are directed by the employer,
	(i)	a brief description of how the plan's assets are 
invested,
	(ii)	a statement that the fund rate of return may be 
positive or negative, and
	(iii)	a statement as to when interest will be calculated 
and applied,
	(d)	where the fund rate of return within the meaning of 
section 33(1)(e) is applied under section 33 and the 
member provides direction with respect to some or all 
of the investments,
	(i)	a statement as to how the member is to provide 
that direction,
	(ii)	a statement that describes the investment options 
available, and
	(iii)	a statement of how contributions will be dealt with 
by default if the member fails to provide direction 
regarding the investments,
	(e)	where a change is made respecting how the investments 
referred to in clause (c) are made, an explanation of the 
change,
	(f)	where a change is made respecting any matter referred 
to in clause (d), an explanation of the change and, so far 
as applicable, an update of the relevant statements 
referred to in clause (d)(i), (ii) and (iii), and
	(g)	where any other change is made to any of the 
information provided under clauses (a) to (d), a 
statement summarizing the change.
	(b)	by repealing subsection (2).

15   The following is added after section 13:
Provision of proposed amendments
13.1(1)  The administrator shall provide, pursuant to section 
15(1)(a.1) of the Act, the explanation or summary referred to in 
that clause not less than 45 days before the effective date of the 
amendment.
(2)  The administrator shall provide to each person who
	(a)	is not a member,
	(b)	is unconditionally entitled to a benefit, whether it is 
currently being received or will be received in the 
future, and
	(c)	could be adversely affected by a proposed amendment 
that the administrator has decided to implement at a 
future date,
an explanation or summary of that proposed amendment not less 
than 45 days before the effective date of the amendment.

16   Section 14(1) is amended
	(a)	in clause (a) by striking out "Customs and";
	(b)	by adding the following after clause (b):
	(b.1)	the date of birth;
	(b.2)	the name of the pension partner as currently recorded in 
the plan's records;
	(b.3)	the date of enrolment in the plan;

17   Section 15(1) is amended
	(a)	in clause (a) by striking out "Customs and";
	(b)	by adding the following after clause (b):
	(b.1)	with respect to the former member,
	(i)	the date of birth,
	(ii)	the name of the pension partner as currently 
recorded in the plan's records,
	(iii)	the date of enrolment in the plan, and
	(iv)	the designated beneficiary under the plan;
	(c)	by adding the following after clause (i):
	(j)	if the former member has attained the age of 50 years 
and the plan allows for DC RIAs or transfers to LIFs or 
annuities, a statement containing
	(i)	an explanation of the 50% unlocking option, 
including the different options for implementing it,
	(ii)	the amount based on which that unlocking option 
may be exercised, and
	(iii)	if that person has a pension partner, the 
requirement for an executed Option 1 waiver if the 
50% unlocking option is exercised.

18   Section 16(1) is amended
	(a)	in clause (a) by striking out "Customs and";
	(b)	by repealing clause (c) and substituting the 
following:
	(c)	with respect to the member or former member,
	(i)	the date of birth,
	(ii)	the date of enrolment in the plan, and
	(iii)	the designated beneficiary under the plan;
	(c)	in clause (e) by striking out "and" at the end of 
subclause (i) and by repealing subclause (ii) and 
substituting the following:
	(ii)	a brief description of the payment options available, and
	(iii)	confirmation that the member or former member, on 
making a request for it, will receive a statement as to the 
amount of pension that could be provided based on 
amounts underlying the updated information referred to 
in subclause (i);
	(d)	in clause (h)
	(i)	by adding "the plan's records show that" after "if";
	(ii)	in subclause (i) by adding "according to those 
records" after "birth";
	(e)	by repealing clause (n);
	(f)	by adding the following after clause (n):
	(o)	if the plan allows for DC RIAs or transfers to LIFs or 
annuities, a statement containing the information 
specified in section 15(1)(j)(i) to (iii).

19   Section 17(1) is amended
	(a)	in clause (a) by striking out "Customs and";
	(b)	by adding the following after clause (b):
	(b.1)	with respect to the member,
	(i)	the date of birth,
	(ii)	the name of the pension partner as currently 
recorded in the plan's records,
	(iii)	the date of enrolment in the plan, and
	(iv)	the designated beneficiary under the plan;
	(c)	by adding the following after clause (h):
	(i)	if the member has attained the age of 50 years and 
the plan allows for DC RIAs or transfers to LIFs or 
annuities, a statement containing the information 
specified in section 15(1)(j)(i) to (iii).

20   Section 19(1) is amended
	(a)	in clause (a) by striking out "Customs and";
	(b)	by adding the following after clause (b):
	(b.1)	with respect to the deceased,
	(i)	the date of birth,
	(ii)	the name of the individual recorded in the plan's 
records as being the pension partner at the date of 
death,
	(iii)	the date of enrolment in the plan, and
	(iv)	the designated beneficiary under the plan;
	(c)	by adding the following after clause (f):
	(g)	if the plan allows for DC RIAs or transfers to LIFs or 
annuities and the pension partner has attained the age of 
50 years, a statement (to go only to the pension partner) 
containing the information specified in section 
15(1)(j)(i) and (ii);

21   The following is added after section 24:
DC RIA statements
24.1(1)  This section applies in respect of a pension plan with 
defined contribution provisions that provide for DC RIAs.
(2)  In this section,
	(a)	"DC RIA participant" has the meaning ascribed to that 
term in section 46.1(1)(b);
	(b)	"year" means a calendar year.
(3)  The administrator shall, within 60 days after the end of each 
year, provide to each DC RIA participant a statement containing 
the following information about that DC RIA participant so far as 
applicable:
	(a)	the name of the plan and its Canada Revenue Agency 
registration number;
	(b)	the DC RIA participant's name;
	(c)	the date of birth;
	(d)	the date the DC RIA was established;
	(e)	the name of the designated beneficiary;
	(f)	except where the DC RIA participant is a surviving 
pension partner and to the extent applicable, the name 
of the pension partner who executed the Option 2 
waiver  at retirement income commencement and 
acknowledgement that a pension partner has executed 
the Option 3 waiver;
	(g)	the account balances as at the beginning and the end of 
that previous year;
	(h)	the interest earned during that year;
	(i)	the total amount withdrawn from the account during 
that year;
	(j)	the amounts transferred into the account during that 
year;
	(k)	the fees charged against the account during that year;
	(l)	the minimum and maximum amounts that may be 
withdrawn during the current year being, respectively,
	(i)	the Canada Revenue Agency minimum for RRIFs, 
and
	(ii)	the greater of
	(A)	the amount calculated under section 46.1(15) 
(as it incorporates section 40(34)(a)), and
	(B)	the gains, if any, earned in the immediately 
previous year;
	(m)	the deadline for making the election as to the timing of 
the payment from the account for the current year;
	(n)	the process for changing that election;
	(o)	if that election is not made, the amount that will be paid, 
applying the tax Act, and the date when that payment 
will be made.
(4)  The administrator shall, in relation to a DC RIA participant 
who died, provide to the person entitled to receive the balance of 
the DC RIA benefits, within 60 days after proof of the death is 
provided to the administrator, a statement containing the following 
information about the deceased so far as applicable (and adapted 
by reference to the fact of the death):
	(a)	the information referred to in subsection (3)(a) to (f);
	(b)	the account balances as at the beginning of the year in 
which death occurred and as at death;
	(c)	the interest earned from the beginning of that year to 
death;
	(d)	the total amount withdrawn from the account during the 
period referred to in clause (c);
	(e)	the amounts transferred into the account during that 
period;
	(f)	the fees charged against the account during that period;
	(g)	a statement that the account balance will be adjusted 
with interest to the date of payment;
	(h)	the options as to how the income payments are to be 
made;
	(i)	if the plan so permits and subject to the tax Act, any 
option that exists for a surviving pension partner to 
remain in the plan;
	(j)	if a surviving pension partner to whom section 46.1(12) 
applies elects to remain in the plan, the information 
under subsection (3)(l) updated;
	(k)	the deadline for the election of options;
	(l)	what will happen if a specific election of options is not 
duly made.
(5)  Where the information referred to in subsection (4)(j) has to be 
provided, it must be accompanied by the necessary forms to enable 
the pension partner to stipulate the amount of DC RIA benefits to 
be paid out.
(6)  The administrator shall, in relation to a DC RIA participant 
who has applied in writing to transfer money out of the DC RIA, 
provide to that DC RIA participant, within 90 days after the 
making of the application, the following information about that 
DC RIA participant so far as applicable:
	(a)	the information referred to in subsection (3)(a) to (f);
	(b)	the account balances as at the beginning of the year in 
which the application was made and as at the time the 
application is processed;
	(c)	the interest earned from the beginning of that year to the 
time the application is processed;
	(d)	in respect of that period, the information referred to in 
subsection (4)(d) to (h) and (k), where applicable.

22   Section 25(1) is amended
	(a)	by adding the following after clause (a):
	(a.1)	the plan's 3 most recently filed audited financial 
statements referred to in section 11(3) except that if the 
pension fund has been subdivided into separate portions 
as between money arising from defined benefit 
provisions and money arising from defined contribution 
provisions, then only those portions of those statements 
that relate to those provisions that are applicable to the 
person entitled to the benefit;
	(a.2)	all agreements referred to in section 23(1) of the Act;
	(b)	by repealing clause (b)(i).

23   Section 26 is amended
	(a)	by adding "and" at the end of clause (a);
	(b)	by repealing clause (b);
	(c)	in clause (c)
	(i)	by striking out "fund holder" and substituting 
"the fund holder or custodian";
	(ii)	by striking out "employer" and substituting 
"administrator".
24   Section 27 is repealed and the following is substituted:
Amendment of plans
27(1)  The period prescribed for the purposes of section 20(1) of 
the Act is the period of 60 days beginning on the date when the 
amendment is made.
(2)  Subject to subsection (3), where an amendment referred to in 
section 9(7) is made, the administrator shall file,
	(a)	at the same time as the certified copy of the amendment 
required by section 20(1) of the Act,
	(i)	an interim cost certificate, signed by an actuary, 
showing the effect that the amendment will have 
on the plan's liabilities, the special payments and 
the normal actuarial cost, or
	(ii)	a statement, signed by an actuary, as to the effect 
that the amendment will have on the plan's 
liabilities and confirmation that the amendment 
will have no material effect on the special 
payments or the normal actuarial cost,
			or
	(b)	if the administrator informed the Superintendent in 
writing of the intention to do so at the time when the 
certified copy of the amendment was filed, within 180 
days after the amendment is made, a new actuarial 
valuation report.
(3)  The Superintendent may, by notice in writing, require the 
administrator to file, within 60 days after service of that notice, a 
new actuarial valuation report and cost certificate, prepared as at 
the effective date of the amendment, instead of the interim cost 
certificate or statement referred to in subsection (2)(a).
(4)  The period prescribed for the purposes of section 20(1.1) of 
the Act is the period ending 60 days after the plan's designation by 
the Superintendent as a multi-unit plan.
(5)  After a proposed amendment referred to in section 15(1)(a.1) 
of the Act is eventually made, the administrator shall file, at the 
same time as the certified copy of the amendment, written 
confirmation that the explanation or summaries required by section 
13.1 were duly provided.

25   The following is added before section 28:
Direction of investments
27.1   In addition to the matters provided for in section 28(1) of 
the Act, a pension plan must contain a provision stating whether 
the member or the administrator or both are responsible for the 
direction of the plan's investments.

26   Section 28 is amended by repealing subsection (2)(a) 
and (b) and substituting the following:
	(a)	for each year of future employment, and
	(b)	for each member of a class prescribed in section 30(1),
except to the extent that the Superintendent approves a variation in 
any formula that the Superintendent considers reasonable.

27   The following is added after section 28:
Administration expenses
28.1   Where
	(a)	a pension plan provides that administrative expenses 
related to the plan will be paid from the plan's pension 
fund and that an employer who pays any such expenses 
to another person directly is entitled to be reimbursed 
for the money so paid, and
	(b)	an employer lawfully so pays any expenses so provided 
for from its own resources,
the employer may be reimbursed for those paid expenses from the 
pension fund.
Purchase of annuity
28.2   Where, with respect to defined benefit provisions of a 
pension plan, an annuity is to be purchased, other than under 
section 38(2)(c)(i) of the Act or where section 55(5) is applied, 
instead of the provision of a pension from the plan, the income 
from the annuity must be in the same amount and form as the 
income that the recipient would have received from the pension.

28   Section 29 is amended
	(a)	in subsection (1)
	(i)	in clause (a)
	(A)	by striking out "recommendations for the 
computation of transfer values of pensions" and 
substituting "most recently adopted official 
guidelines or standards";
	(B)	by striking out "from time to time, and" and 
substituting "to the relevant time";
	(ii)	by repealing clause (b);
	(b)	by repealing subsections (5) and (6) and 
substituting the following:
(6)  Subject to subsection (7), where the commuted value of a 
benefit under a defined benefit provision of a pension plan that is 
not wholly terminated is to be determined, it must be determined 
as at the date of termination of membership, death or pension 
commencement, as the case may be, and must be adjusted for 
interest, in respect of the period between that date and a date not 
earlier than the end of the month immediately preceding the 
month in which the payment or transfer of the commuted value 
out of the plan was effected, at a rate not less than the rate of 
interest that was assumed in determining that commuted value.
	(c)	by adding the following after subsection (7):
(8)  Where the commuted value of a benefit under a defined 
benefit provision of a pension plan the whole of which plan is 
terminated is to be determined, it must be determined as at the 
date of the termination of the plan and, in respect of the period 
between that date and a date not earlier than the end of the month 
immediately preceding the month in which the payment or 
transfer of the commuted value out of the plan was effected,
	(a)	that commuted value must be adjusted for interest, and
	(b)	interest must be paid on excess contributions that are 
required by section 37 of the Act to be paid from the 
plan,
at the rate of return earned by the plan during that period.

29   Section 30 is amended
	(a)	by repealing subsection (1)(k) and substituting the 
following:
	(k)	employees who fall within a class designated under 
subsection (1.1).
	(b)	by adding the following after subsection (1):
(1.1)  On the written application of the administrator, the 
Superintendent may in writing designate any class of employees 
not described in subsection (1)(a) to (j) that the Superintendent 
considers to be identifiable and appropriate for categorization as 
a class under subsection (1).
	(c)	in subsection (3) by striking out "specified" and 
substituting "connected".

30   Section 31 is amended
	(a)	in subsection (1) by adding "from the plan" before 
"recommences";
	(b)	by adding the following after subsection (5):
(6)  In this section, "pension" does not include DC RIA benefits.

31   Section 32 is amended
	(a)	by adding the following after subsection (1):
(1.1)  Section 35(4.1) of the Act applies with respect to a 
member or former member who has a pension partner at the date 
of the declaration of non-residency or death, as the case may be, 
only if that pension partner has executed a Form 5 waiver.
	(b)	in subsection (2) by striking out "1(9)" and 
substituting "1(3.1) of the Act".

32   Section 33 is repealed and the following is substituted:
Interest
33(1)  In this section,
	(a)	"accumulated contributions" means contributions, 
including compounded interest;
	(b)	"CANSIM rate" means the rate of interest calculated on 
the basis of the average of the yields of the 5-year 
personal fixed term chartered bank deposit rates, 
published in the Bank of Canada Review as CANSIM 
Series V 122151, over the most recent period for which 
the rates are available, with an averaging period equal to 
the number of months in the period for which interest is 
to be applied to a maximum of 12 months and, where 
that rate results in a fraction of 1% that is expressed 
otherwise than as a multiple of a full 1/10 of 1%, 
rounded downwards to the next full 1/10 of 1%;
	(c)	"contributions" means contributions to which interest 
must or may be applied pursuant to section 36 of the 
Act in respect of a member;
	(d)	"full rate" means the full CANSIM rate or fund rate of 
return, as the case may be;
	(e)	"fund rate of return" means, with respect to the period 
between consecutive valuation dates, the increase or 
decrease, if any, expressed as a percentage, in the value 
of the accumulated contributions as at the latest 
valuation date in comparison with that value as at the 
immediately preceding valuation date, in both cases 
after deducting
	(i)	plan administration costs, and
	(ii)	any additional expenses of administering those 
accumulated contributions
		incurred during the period, that were not paid for by the 
employer;
	(f)	"valuation date" means the date in question as at which 
the accumulated contributions are valued.
(2)  For the purposes of section 36(5) of the Act, interest shall be
	(a)	calculated in a manner that is specified in the plan and 
that meets the minimum rate requirements of and 
otherwise complies with this section, and
	(b)	applied, as so calculated, to accumulated contributions 
or to contributions, as the case may be, at the times 
provided by this section.
(3)  Subject to this section, the rate of interest to be applied for the 
purposes of section 36(1) of the Act
	(a)	on member required contributions under defined benefit 
provisions is the CANSIM rate or the fund rate of 
return, and
	(b)	on any other contributions is the fund rate of return.
(4)  The actual rate of return and the methodology chosen to ensure 
that subsection (3) is adhered to must be specified in the plan, and 
once the method so specified has been selected, it may not be 
changed in respect of any subsequent year without the prior written 
consent of the Superintendent.
(5)  Interest must be calculated and applied as at the end of each 
fiscal year at least.
(6)  Where interest is to be calculated only as at, and not also 
before, the end of the fiscal year, it shall be applied,
	(a)	if the member has not had a benefit paid or transferred 
from the plan during the fiscal year,
	(i)	to the contributions made during the just 
completed fiscal year, at 1/2 the full rate, and
	(ii)	to the accumulated contributions as at the end of 
the immediately preceding fiscal year, at the full 
rate,
			and
	(b)	if the member has a benefit paid or transferred from the 
plan during the fiscal year, as at the end of the month 
immediately preceding the month in which the benefit 
was, or commenced to be, paid or transferred,
	(i)	to the contributions made during that current fiscal 
year to the end of that month, at 1/2 the full rate, 
prorated over the number of completed months 
during which the person was a member in that 
uncompleted current fiscal year, and
	(ii)	to the accumulated contributions, as at the end of 
the immediately preceding fiscal year, at the full 
rate, prorated as specified in subclause (i).
(7)  For the purposes of applying subsection (6)(b), where the fund 
rate of return in any period would, but for this subsection, result in 
a negative interest rate, the fund rate of return is 0%.
(8)  Where interest is to be calculated more frequently than 
annually, it shall be applied when it is calculated, and if the 
calculation is to be done less frequently than monthly, interest shall 
be applied in a manner that is consistent with subsection (6) and, if 
applicable, subsection (7).
(9)  Notwithstanding anything in this section, a plan may provide 
for interest to be calculated in such other manner and at such other 
rates as the Superintendent considers reasonable and appropriate.

33   Section 34(1) and (2) are amended by striking out 
"province" and substituting "jurisdiction".

34   Section 35 is amended by repealing subsection (6) and 
substituting the following:
(6)  Where a plan has a solvency ratio of less than one, a transfer is 
to be considered as impairing the solvency of the plan unless, prior 
to the making of the transfer, the employer has remitted sufficient 
money to the plan to eliminate any transfer deficiency relating to 
the transfer.

35   Section 36 is amended by striking out "earlier of the 
termination of membership and termination of the plan occurs" and 
substituting "most recent determination of the commuted value in 
question has been done".

36   Sections 38 to 41 are repealed and the following is 
substituted:
Acknowledged institutions
38(1)  The Superintendent shall, for the purposes of both or either 
of sections 39 and 40 in relation to any given financial institution, 
establish and maintain a list of the financial institutions that are 
acknowledged for those purposes and that are thereby authorized 
to issue the categories or category, being LIRAs and LIFs or either 
of those vehicles as the case may be, that are or is identified in that 
list in relation to the financial institution in question.
(2)  For the purposes of this Regulation, a financial institution 
(other than an insurance business in respect of an annuity) is 
acknowledged in relation to a LIRA or LIF if, after the 
commencement of this subsection,
	(a)	there have been filed
	(i)	a completed application, with certification, on that 
financial institution's behalf in the form prescribed 
in Schedule 2, and
	(ii)	any other relevant documents that the 
Superintendent has required it to file,
			and
	(b)	the Superintendent has provided written notice to the 
financial institution stating that it has been 
acknowledged and placed on the list for that vehicle,
and to the extent that the institution has not been removed under 
subsection (3).
(3)  The Superintendent may, without affecting the obligations or 
liabilities of a financial institution in relation to any transfer, LIRA 
or LIF, remove the financial institution completely from the list, or 
from the list so far as it relates to LIRAs or LIFs, if the financial 
institution has acted in breach of any of its obligations under the 
legislation.
(4)  A financial institution shall not issue or administer a LIRA or a 
LIF until and unless it is acknowledged in relation to that vehicle.
Locked-in retirement account conditions
39(1)  The conditions on which a transfer of money to a LIRA 
(including a transfer from one LIRA to another) are to be made and 
the rules that apply with respect to LIRAs in general, including 
rules applicable to transfers from a LIRA, are as set out or referred 
to in section 38 of the Act and this section, in the LIRA addendum 
and in other provisions of the legislation dealing with LIRAs.
(2)  Subject to the provisions of the legislation allowing for money 
to be withdrawn from a LIRA, the purpose of a LIRA is, with 
respect to and only to Alberta locked-in money, to provide a 
financial vehicle for the holding and investment of money in it 
until it is all transferred to another vehicle in accordance with this 
section with a view ultimately to the securing of the provision of a 
pension, retirement income or an annuity in a form and manner 
required or permitted by the legislation.
(3)  This section applies with respect to a LIRA held after the 
commencement of this subsection, whether the LIRA was entered 
into before or after the commencement of this subsection.
(4)  An RRSP that is intended as a LIRA must contain, as an 
attachment, an addendum corresponding exactly to the wording in 
Form 1 (with instructions appropriately followed) and section 
26(1) of the Interpretation Act does not apply with respect to that 
form, and a LIRA addendum so completed and attached becomes a 
part of the LIRA.
(5)  An RRSP becomes a LIRA when, and not until, the completed 
LIRA addendum is attached to the RRSP and, notwithstanding 
subsection (4), the RRSP with that addendum attached remains a 
LIRA if the addendum ceases to be so attached.
(6)  To the extent that a LIRA does not in any respect effect a 
provision required by this Regulation to be included in or 
incorporated into a LIRA (including the LIRA addendum), the 
LIRA is deemed to make such provision in that respect as would 
make it comply with this Regulation.
(7)  Notwithstanding anything in this Regulation, a LIRA must 
comply with the conditions for registration relating to RRSPs 
under the tax Act and, once so registered, must be kept in such a 
form as to ensure continuation of that registration.
(8)  A transfer to a LIRA may be made only from
	(a)	the non-DC RIA portion of a plan or another LIRA, 
under section 30(5), 38 or 39(6) of the Act, this section 
or section 58(2), as the case may be, of this Regulation, 
or
	(b)	a vehicle comprising a sum administered as a locked-in 
RRSP pursuant to an agreement originally entered into 
under section 16 of the Regulations under The Pension 
Benefits Act (AR 446/66) (repealed).
(9)  A transferor administrator or financial institution shall not 
transfer money to a LIRA without first
	(a)	ascertaining that the transferee financial institution is 
acknowledged in relation to LIRAs,
	(b)	advising the transferee financial institution in writing 
that the money being transferred is Alberta locked-in 
money, and
	(c)	if the transfer is being effected by a former member or 
an original owner who has a pension partner at the time 
of the transfer who has executed the Form 3 waiver, 
providing the transferee financial institution with a 
certified copy of that waiver.
(10)  A transferee financial institution shall not accept a transfer of 
money to a LIRA unless
	(a)	that institution is acknowledged in relation to LIRAs,
	(b)	the money comes from a source referred to in 
subsection (8), and
	(c)	all the money to be transferred in is Alberta locked-in 
money to the best of that institution's knowledge.
(11)  A financial institution issuing a LIRA shall provide the owner 
with a copy of the whole LIRA forthwith after its issue.
(12)  If a financial institution pays money out of a LIRA in a 
manner that contravenes the legislation, it shall ensure and secure 
the provision to the owner of a pension, retirement income or 
annuity in a manner and in the amounts that would have been 
provided had the money not been paid out.
(13)  If the transferor administrator or financial institution 
contravenes subsection (9)(a) and transfers the money to an entity 
that is not acknowledged in relation to LIRAs, that transferor 
remains bound by the terms of the vehicle from which the transfer 
was made and retains all the responsibilities, liabilities and rights 
in relation to that vehicle and the owner that it had immediately 
before the transfer.
(14)  If the transferor administrator or financial institution 
contravenes subsection (9)(b) and, as a result, the transferee 
financial institution pays out any of the money received from the 
transferor in a manner that does not meet the requirements of the 
legislation relating to locking in, that transferor shall transfer anew 
to the transferee financial institution a sum of money equal to the 
amount that the transferor was originally liable to transfer to the 
transferee financial institution or such greater sum as the transferee 
financial institution paid to the owner as a result of the 
circumstances underlying that contravention, and the owner retains 
the interest in the LIRA and its value on the same basis as would 
have applied had there been no contravention.
(15)  Where the owner receives any money from the transferee 
financial institution in the circumstances referred to in subsection 
(14), then, to the extent that the owner obtains, in effect, a double 
payment or a payment as well as a continuing interest in the LIRA, 
the transferor administrator or financial institution has a right of 
action against the owner for the amount or the extra amount so 
received.
(16)  If the transferor administrator or financial institution 
contravenes subsection (9)(c) and the transferee financial 
institution pays out money as a result of the non-receipt of the 
waiver copy to a pension partner who executed the Form 3 waiver, 
that transferor shall transfer to the transferee financial institution 
anew a sum of money equal to the amount that the transferee, as a 
result, paid out to that pension partner, and
	(a)	the transferee shall pay that money to the deceased's 
designated beneficiary or estate, as the case may be, and
	(b)	the transferor has a right of action against that pension 
partner for the amount that the transferee financial 
institution paid to that person.
(17)  Subsections (13) to (16) apply if the transfer-in rules of 
section 39, as it existed before its repeal by section 36 of the 
Employment Pension Plans (General, 2006) Amendment 
Regulation, were contravened in a transaction before the 
commencement of this subsection.
(18)  A financial institution shall ensure that a LIRA issued by it or 
the money standing to the credit of such a LIRA or both, as the 
case may be,
	(a)	is administered in accordance with the legislation,
	(b)	is invested in a manner that complies with the rules for 
the investment of RRSP money contained in the tax 
Act,
	(c)	does not include any money that the financial institution 
knows is not Alberta locked-in money, and
	(d)	subject to the withdrawal provisions referred to in 
subsection (2), is ultimately transferred to, and only to,
	(i)	a pension plan,
	(ii)	another LIRA,
	(iii)	a LIF, or
	(iv)	an annuity.
(19)  An owner may transfer money from a LIRA on a locked-in 
basis only if the transferor financial institution has previously
	(a)	informed the transferee administrator or financial 
institution in writing that the money is Alberta locked-in 
money,
	(b)	provided the owner with a written statement showing 
the balance in the LIRA,
	(c)	ascertained, if the transfer is to another LIRA or to a 
LIF, that the transferee financial institution is 
appropriately acknowledged,
	(d)	confirmed, if the transfer is to a pension plan, that the 
appropriate provisions of the plan permit the transfer in,
	(e)	if the transfer is to the non-DC RIA portion of a plan or 
to another LIRA and is being effected by an original 
owner who has a pension partner at the time of the 
transfer who has executed a Form 3 waiver, provided 
the transferee administrator or financial institution with 
a certified copy of that waiver,
	(f)	if the transfer is to a DC RIA, LIF or annuity, offered 
the owner in writing the 50% unlocking option and, if 
the owner is an original owner with a pension partner at 
the time of the transfer and exercises the 50% unlocking 
option, received an executed Option 1 waiver, and
	(g)	if the transfer is to a DC RIA or a LIF or to an annuity 
other than at least a 60% joint life annuity and the 
owner is an original owner with a pension partner at the 
time of the transfer, provided the transferee 
administrator or financial institution with a certified 
copy of an executed Option 2 waiver.
(20)  Where money is to be transferred from a LIRA to a DC RIA, 
LIF or annuity, the transferor financial institution shall provide to 
the owner a statement containing
	(a)	an explanation of the 50% unlocking option, including 
the different options for implementing it,
	(b)	the amount based on which that unlocking option may 
be exercised, and
	(c)	if the owner is an original owner with a pension partner 
at the time of the transfer, an explanation of the 
requirement for an executed Option 1 waiver if that 
unlocking option is to be exercised.
(21)  A transferor shall retain the Option 1 waiver as long as it is 
potentially applicable.
(22)  Where a financial institution transfers money from a LIRA to 
another LIRA or to a LIF or annuity of which it is also the issuer, 
the financial institution is deemed for the purposes of the 
legislation to be acting at arm's length in relation to the 2 vehicles 
and therefore to be the transferor financial institution in relation to 
the former vehicle and the transferee financial institution in 
relation to the latter.
(23)  Notwithstanding anything in this section, the owner of a 
LIRA is entitled, on an application by the owner to the financial 
institution, to withdraw all the money in the LIRA
	(a)	as a lump sum if the owner provides written evidence 
that the Canada Revenue Agency has confirmed that the 
owner has become a non-resident for the purposes of the 
tax Act, or
	(b)	as a lump sum or a series of payments for a fixed term if 
a physician certifies that the owner has a terminal illness 
or that due to a disability the owner's life is likely to be 
considerably shortened,
and if, where that owner is an original owner with a pension 
partner at the time of the application, that pension partner has 
executed a Form 5 waiver.
(24)  A LIRA that is not eligible for the payment option referred to 
in section 45(2) may not be severed so as to transform it into 2 or 
more LIRAs, LIFs, DC RIAs or annuities or any combination of 
them that would make any of them so eligible.
(25)  A pension partner of an original owner who is potentially 
entitled to receive money from a LIRA may, before that owner's 
death and before the money is paid out or transferred, waive the 
right to all the money in the LIRA by executing a Form 3 waiver.
(26)  Where an owner dies with a balance in the LIRA, the benefit 
payable on the death is the value of the LIRA account and,
	(a)	if the owner is an original owner with a pension partner 
at the time of death who has not executed a Form 3 
waiver, is to be used in accordance with subsection (27), 
or
	(b)	if clause (a) does not apply, is payable in cash to the 
designated beneficiary or, if there is no valid 
designation of a beneficiary, to the deceased's estate.
(27)  Within 60 days after the delivery to the financial institution of 
the relevant documents required by it following the death of an 
original owner referred to in subsection (26)(a), the balance in the 
LIRA is to be used for the ultimate securing of a pension, 
retirement income or annuity for the non-waiving pension partner 
and is to be transferred, at his or her option,
	(a)	to a LIRA,
	(b)	to a pension plan on a locked-in basis, if that plan so 
permits, or
	(c)	if the pension partner has attained the age of 50 years, to 
a DC RIA, LIF or annuity.
(28)  Within 60 days after the delivery to the financial institution of 
the relevant documents required by it following the death of an 
owner other than one to whom subsection (27) applies, the balance 
in the LIRA is to be paid in cash to the deceased's designated 
beneficiary or, if there is no valid designation of a beneficiary, to 
the deceased's estate.
(29)  Where a transfer is made under subsection (27)(c), the 
pension partner has the same entitlements with respect to the 50% 
unlocking option as if he or she were the original owner.
(30)  Parts 4 of the legislation apply with respect to a LIRA, and 
where money was subject to those Parts immediately before its 
transfer to a LIRA, that money continues to be subject to them.
(31)  Where Parts 4 of the legislation apply with respect to the 
share in a LIRA of a non-member-pension partner, the conditions 
set out in those Parts (including the locking-in provisions) continue 
to apply to that share when it is transferred to another vehicle on 
that person's behalf.
(32)  Notwithstanding subsection (4), where an amendment is 
required to a LIRA addendum as a result of an amendment to Form 
1, that amendment may be effectuated by a textual amendment 
process if such a process is specified in writing by the 
Superintendent.
Life income fund conditions
40(1)  In this section except subsection (8), "year" means the 
calendar year.
(2)  The conditions on which a transfer of money to a LIF 
(including a transfer from one LIF to another) are to be made and 
the rules that apply with respect to LIFs in general, including rules 
applicable to transfers from a LIF, are as set out or referred to in 
section 38 of the Act and this section, in the LIF addendum and in 
other provisions of the legislation dealing with LIFs.
(3)  Subject to the provisions of the legislation allowing for money 
to be withdrawn from a LIF, the purpose of a LIF is, with respect 
to and only to Alberta locked-in money, to provide a financial 
vehicle for the holding and investment of money in it and for the 
provision of retirement income in a form and manner required or 
permitted by the legislation.
(4)  This section applies with respect to a LIF held after the 
commencement of this subsection, whether the LIF was entered 
into before or after the commencement of this subsection.
(5)  An RRIF that is intended as a LIF must contain, as an 
attachment, an addendum corresponding exactly to the wording in 
Form 2 (with instructions appropriately followed) and section 
26(1) of the Interpretation Act does not apply with respect to that 
form, and a LIF addendum so completed and attached becomes a 
part of the LIF.
(6)  A LIF is not established, and the RRIF has no effect as a LIF, 
unless and until the owner is at least 50 years of age and the 
completed LIF addendum is attached to the RRIF.
(7)  Notwithstanding subsection (5), the RRIF with the LIF 
addendum attached remains a LIF if the LIF addendum ceases to 
be so attached.
(8)  The fiscal year of a LIF is the calendar year.
(9)  To the extent that a LIF does not in any respect effect a 
provision required by this Regulation to be included in or 
incorporated into a LIF (including the LIF addendum), the LIF is 
deemed to make such provision in that respect as would make it 
comply with this Regulation.
(10)  Notwithstanding anything in this Regulation, a LIF must 
comply with the conditions for registration relating to RRIFs under 
the tax Act and, once so registered, must be kept in such a form as 
to ensure continuation of that registration.
(11)  A transfer to a LIF may be made only from a pension plan, 
another LIF, a LIRA or an LRIF under section 38 or 39(6) of the 
Act, this section or section 39, 41, 46.1 or 58(2), as the case may 
be, of this Regulation.
(12)  A transferor administrator or financial institution shall not 
transfer money to a LIF without first
	(a)	ascertaining that the transferee financial institution is 
acknowledged in relation to LIFs,
	(b)	advising the transferee financial institution in writing 
that the money being transferred is Alberta locked-in 
money, and
	(c)	if the transfer is being effected by a former member or 
an original owner,
	(i)	attempting to ascertain whether or not that person 
has a pension partner at the time of the transfer 
and, if so, his or her identity, and
	(ii)	if that person does have a pension partner at the 
time of the transfer, providing the transferee 
financial institution with a certified copy of
	(A)	the Option 2 waiver, and
	(B)	if applicable, the Option 3 waiver,
		duly executed
(13)  A transferee financial institution shall not accept a transfer of 
money to a LIF unless
	(a)	that institution is acknowledged in relation to LIFs,
	(b)	the money comes from a source referred to in 
subsection (11), and
	(c)	all the money to be transferred in is Alberta locked-in 
money to the best of that institution's knowledge.
(14)  A financial institution issuing a LIF shall attach any waiver 
provided under subsection (12)(c) to the LIF, whereupon it 
becomes part of the LIF, and shall provide the owner with a copy 
of the whole LIF forthwith after its issue.
(15)  If a financial institution pays money out of a LIF in a manner 
that contravenes the legislation, it shall provide or secure the 
provision to the owner of retirement income or an annuity in a 
manner and in the amounts that would have been provided had the 
money not been paid out.
(16)  If the transferor administrator or financial institution 
contravenes subsection (12)(a) and transfers the money to an entity 
that is not acknowledged in relation to LIFs, that transferor 
remains bound by the terms of the vehicle from which the transfer 
was made and retains all the responsibilities, liabilities and rights 
in relation to that vehicle and the owner that it had immediately 
before the transfer.
(17)  If the transferor administrator or financial institution 
contravenes subsection (12)(b) and, as a result, the transferee 
financial institution pays out any of the money received from the 
transferor in a manner that does not meet the requirements of the 
legislation relating to locking in, that transferor shall transfer anew 
to the transferee financial institution a sum of money equal to the 
amount that the transferor was originally liable to transfer to the 
transferee financial institution or such greater sum as the transferee 
financial institution paid to the owner as a result of the 
circumstances underlying that contravention, and the owner retains 
the interest in the LIF and its value on the same basis as would 
have applied had there been no contravention.
(18)  Where the owner receives any money from the transferee 
financial institution in the circumstances referred to in subsection 
(17), then, to the extent that the owner obtains, in effect, a double 
payment or a payment as well as a continuing interest in the LIF, 
the transferor administrator or financial institution has a right of 
action against the owner for the amount or the extra amount so 
received.
(18.1)  If
	(a)	the transferor administrator or financial institution 
transfers money in contravention of subsection (12)(c) 
(excluding subsection (12)(c)(ii)(A)),
	(b)	as a result of the circumstances underlying the 
contravention, the transferee institution establishes a 
LIF, and
	(c)	there is a pension partner who has not executed the 
Option 2 waiver,
that transferor is liable to that pension partner for the joint life 
pension to which that person is entitled and the transferee financial 
institution shall refund the money transferred to it by that 
transferor.
(19)  If the transferor administrator or financial institution 
contravenes subsection (12)(c) and the transferee financial 
institution pays out money as a result of the non-receipt of the 
waiver copy to a pension partner who executed the Option 3 
waiver, that transferor shall transfer to the transferee financial 
institution anew a sum of money equal to the amount that the 
transferee, as a result, paid out to that pension partner, and
	(a)	the transferee shall pay that money to the deceased's 
designated beneficiary or estate, as the case may be, and
	(b)	the transferor has a right of action against that pension 
partner for the amount that the transferee financial 
institution paid to that person.
(20)  Subsections (16) to (19) apply if the transfer-in rules of 
section 40, as it existed before its repeal by section 36 of the 
Employment Pension Plans (General, 2006) Amendment 
Regulation, were contravened in a transaction before the 
commencement of this subsection.
(21)  A financial institution shall ensure that a LIF issued by it or 
the money standing to the credit of such a LIF or both, as the case 
may be,
	(a)	is administered in accordance with the legislation,
	(b)	is invested in a manner that complies with the rules for 
the investment of RRIF money contained in the tax Act,
	(c)	does not include any money that the financial institution 
knows is not Alberta locked-in money, and
	(d)	subject to the withdrawal provisions referred to in 
subsection (3), is used to provide retirement income in 
accordance with the legislation or is transferred to, and 
only to,
	(i)	another LIF,
	(ii)	subject to subsection (22), a DC RIA, or
	(iii)	an annuity.
(22)  An owner may transfer money from a LIF to a DC RIA only 
if and to the extent that the DC RIA provisions so permit and the 
transferor financial institution has previously
	(a)	informed the transferee administrator in writing that the 
money is Alberta locked-in money that must be 
administered in accordance with the legislation,
	(b)	if the transferor financial institution has an executed 
Option 2 waiver or Option 2 and 3 waivers or a certified 
copy of it or them, provided a certified copy of it or 
them to that administrator, and
	(c)	provided that administrator with
	(i)	a copy of the information provided to the owner 
under subsection (33)(a), and
	(ii)	a copy of the decision made by the owner 
respecting the amount to be withdrawn during the 
current year.
(23)  Where the balance in the LIF is to be transferred to an 
annuity and the original owner had a pension partner at retirement 
income commencement, that pension partner is the designated 
beneficiary of that owner, whether actually so designated or not, 
unless that pension partner has executed an Option 3 waiver.
(24)  A pension partner of an original owner who has executed an 
Option 2 waiver under a LIF is entitled, at any time prior to the 
death of the original owner or a transfer of the money out of the 
LIF, but is under no obligation, to execute the Option 3 waiver.
(25)  Where a financial institution transfers money from a LIF to 
another LIF or to an annuity of which it is also the issuer, the 
financial institution is deemed for the purposes of the legislation to 
be acting at arm's length in relation to the 2 vehicles and therefore 
to be the transferor financial institution in relation to the former 
vehicle and the transferee financial institution in relation to the 
latter.
(26)  Notwithstanding anything in this section, the owner of a LIF 
is entitled, on an application by the owner to the financial 
institution, to withdraw all the money in the LIF
	(a)	as a lump sum if the owner provides written evidence 
that the Canada Revenue Agency has confirmed that the 
owner has become a non-resident for the purposes of the 
tax Act, or
	(b)	as a lump sum or a series of payments for a fixed term if 
a physician certifies that the owner has a terminal illness 
or that due to a disability the owner's life is likely to be 
considerably shortened,
and if, where that owner is an original owner with a pension 
partner at retirement income commencement, that pension partner 
has executed a Form 5 waiver.
(27)  A LIF that is not eligible for the payment option referred to in 
section 45(2) may not be severed so as to transform it into 2 or 
more LIFs , DC RIAs or annuities or any combination of them that 
would make any of them so eligible.
(28)  Within 60 days after the delivery to the financial institution of 
the relevant documents required by it following the death of the 
owner, the balance of the LIF is,
	(a)	if the deceased was an original owner who had a 
pension partner at retirement income commencement 
who did not, prior to the death, execute an Option 3 
waiver, to be paid to, or transferred to an RRSP or a 
RRIF on behalf of, that pension partner at his or her 
option, or
	(b)	if the deceased is any other owner, to be paid in cash to 
the deceased's designated beneficiary or, if there is no 
valid designation of a beneficiary, to the deceased's 
estate.
(29)  Parts 4 of the legislation apply with respect to a LIF, and 
where money was subject to those Parts immediately before its 
transfer to a LIF, that money continues to be subject to them.
(30)  Where Parts 4 of the legislation apply with respect to the 
share in a LIF of a non-member-pension partner, the conditions set 
out in those Parts (including the locking-in provisions) continue to 
apply to that share when it is transferred to another vehicle on that 
person's behalf.
(31)  A financial institution administering a LIF shall provide to 
each owner, within 30 days after the beginning of each year, a 
year-end statement containing the following information about that 
owner's account so far as applicable:
	(a)	the account balances as at the beginning and the end of 
the year in question;
	(b)	the interest earned during that year;
	(c)	the total amount paid out of the account during that 
year;
	(d)	the amounts transferred into the account during that 
year;
	(e)	the fees charged against the account during that year;
	(f)	the minimum and maximum amounts that may be 
withdrawn during the current year being, respectively,
	(i)	the Canada Revenue Agency minimum for RRIFs, 
and
	(ii)	the greater of
	(A)	the amount calculated under subsection 
(34)(a), and
	(B)	the gains, if any, earned in the immediately 
previous year;
	(g)	the deadline for selecting the amount and timing of the 
income payment from the account for the current year;
	(h)	if that selection is not made, the amount that will be 
paid applying the tax Act and the date when that 
payment will be made;
	(i)	the process for changing that selection.
(32)  The owner must establish and notify the financial institution 
in writing of the amount of retirement income that is to be paid out 
during the current year, except that if the LIF guarantees the rate of 
return of the LIF over a period that is greater than one year, then 
the owner may establish and notify at the beginning of that period 
the amount of retirement income to be paid during any one or more 
of the years that end not later than the expiration of that period, but 
the owner may, at any time during a year, change the amount 
provided that the amount will always result, by the end of the year, 
in a payment or payments that are at least equal to the minimum 
amount required by the tax Act and that do not exceed the 
maximum amount calculated in accordance with subsection (34).
(33)  A financial institution that has issued a LIF shall provide
	(a)	to an owner who transfers money out of the LIF, a 
reconciliation of the LIF balance as at the date of the 
transfer with the balance as at the end of the 
immediately previous year, showing the amounts 
transferred into, the interest earned by, the payments 
made out of, and the fees charged against, the LIF 
during the intervening period,
	(b)	to an owner who receives a payment under subsection 
(26), a reconciliation of the LIF balance as at the date of 
the payment with the balance as at the end of the 
immediately previous year, showing the information 
referred to in clause (a), and
	(c)	to a surviving pension partner or designated beneficiary 
or the estate, as applicable, and before making a 
payment under subsection (28), the reconciliation 
referred to in clause (b).
(34)  Subject to subsections (35) to (38), the amount of retirement 
income paid from a LIF during a year is not to exceed the greatest 
of
	(a)	M, with that symbol being calculated in accordance 
with the following formula:
M = C 
        F
where
	C	is the balance of the money in the LIF on the first 
day of the year, and
	F	is the value on January 1 of the year in which the 
calculation is made of a guaranteed amount of 
which the annual payment is $1 payable at the 
beginning of each year between that date and 
December 31 of the year during which the owner 
reaches the age of 85 years and calculated by using
	(i)	an interest rate of not more than 6% per 
year, or
	(ii)	for the first 15 years after the date of the 
valuation, an interest rate exceeding 6% 
per year if that rate does not exceed the 
interest rate obtained on long-term 
bonds issued by the Government of 
Canada for the month of November 
preceding the year of the valuation, as 
compiled by Statistics Canada and 
published in the Bank of Canada 
Review as CANSIM Series B-14013, 
and using an interest rate not exceeding 
6% in subsequent years,
	(b)	the minimum amount required to be withdrawn in 
accordance with the tax Act, and
	(c)	the gains, if any, earned in the immediately previous 
year.
(35)  For the initial year of payment of retirement income from a 
LIF,
	(a)	the limit M is prorated in proportion to the number of 
months in the year in which the LIF was established for 
which such income was paid divided by 12, with any 
part of an incomplete month counting as one month,
	(b)	the minimum amount to be paid, as referred to in 
subsection (34)(b), is set at zero, and
	(c)	gains referred to in subsection (34)(c) are 6% of the fair 
market value of the LIF prorated, where applicable, as 
referred to in clause (a).
(36)  Subject to subsection (32), if the money in the LIF is 
transferred to another LIF or to a DC RIA, payments to the owner 
will continue in the same manner as the owner selected at the 
beginning of the year of the transfer.
(37)  If the LIF so permits, an owner may make an additional 
transfer to the LIF and,
	(a)	if that additional transferred amount has never been 
under a DC RIA or a LIF before, an additional 
withdrawal is allowed in that year, and
	(b)	the additional withdrawal is to be calculated in 
accordance with subsection (34) and prorated in 
accordance with subsection (35) with respect to the 
amount that was transferred in.
(38)  Where the exception in subsection (32) applies, subsections 
(34) to (37) apply with such modifications as the circumstances 
require to determine, as at the beginning of the first year of the 
interval, the amount of retirement income to be paid for each year 
in that interval.
(39)  Notwithstanding subsection (5), where an amendment is 
required to a LIF addendum as a result of an amendment to Form 2, 
that amendment may be effectuated by a textual amendment 
process if such a process is specified in writing by the 
Superintendent.
LRIFs - abolition, temporary saving and transitional
41(1)  Subject to this section, the LRIF is abolished for the 
purposes of the legislation and no further LRIFs may be issued.
(2)  This section applies notwithstanding the abolition of the LRIF 
and the closing of the former list of financial institutions holding 
LIRAs, LIFs and LRIFs as a result of section 36 of the 
Employment Pension Plans (General, 2006) Amendment 
Regulation.
(3)  This section prevails over section 40 to the extent of any 
inconsistency between them.
(4)  A financial institution that, immediately before the 
commencement of this section, was lawfully a party to an LRIF (in 
this section referred to as an "LRIF institution") and that wishes to 
have the vehicle continued in different form after this subsection 
ceases to have any force in relation to it must, before the end of 
2007 or such later time as the Superintendent allows it under 
subsection (5),
	(a)	submit a written application to the Superintendent to be 
placed on the new list, so far as it relates to LIFs, 
established under section 38,
	(b)	undertake in writing to attach the LIF addendum to all 
LIFs to be issued by it,
	(c)	as soon as practicable after being acknowledged under 
section 38 in respect of LIFs,
	(i)	establish a new LIF in the name of the owner of 
the LRIF,
	(ii)	transfer all Alberta locked-in money in the LRIF to 
that LIF, and
	(iii)	provide the owner with a copy of the whole LIF 
(including the LIF addendum),
(the period between the commencement of this section and the end 
of 2007 or, if applicable, that later allowed time being in this 
section referred to as the "transition period").
(5)  The Superintendent, on an application made in writing by a 
specific LRIF institution before December 16, 2007, may in 
writing extend the end of 2007 deadline referred to in subsection 
(4) for that institution until a date not later than the end of June 
2008.
(6)  An LRIF institution may continue to administer an LRIF 
lawfully established before and subsisting immediately before the 
commencement of this section, and that LRIF remains valid during 
the transition period in accordance with the legislation in force 
immediately before the commencement of this section, and the 
legislation that applied at that time to any extent in respect of 
LRIFs continues to apply to the same extent with respect to LRIFs 
during the transition period.
(7)  Notwithstanding subsection (6),
	(a)	section 68(6), Schedule 1.1, Form 6, as it applies in 
respect of Option 1, and other provisions of this 
Regulation that apply Schedule 1.1 or that portion of 
Form 6 apply in respect of LRIFs as they apply to LIFs 
and the provisions of Form 2 relating to the 50% 
unlocking option and the waiver by a pension partner of 
beneficiary rights, with supporting definitions in Form 
2, are deemed to form part of the LRIF addendum 
continued as a result of subsection (6) with suitable 
adaptations,
	(b)	subject to subsection (8), a transfer of money from an 
LRIF to a LIRA and the receipt by a LIRA of money 
from an LRIF are prohibited,
	(c)	sections 3(2) and (3) and 40(21)(b) and (24) apply in 
respect of LRIFs as they apply to LIFs, and
	(d)	the definitions of "Alberta locked-in money" in section 
2 and Form 2 are to be treated as including money in an 
LRIF.
(8)  Where a transfer of Alberta locked-in money was initiated 
between an LRIF and a LIRA, LIF or annuity before the 
commencement of this section and that transfer was not completed 
immediately before that commencement, then the conditions set 
out for the transfer in this Regulation, as it existed as at that time, 
are to continue to apply to the transaction.
(9)  An LRIF institution that does not wish to establish new LIFs 
and effect money transfers under subsection (4) shall, as soon as 
practicable and in any case before December 16, 2007, transfer all 
its LRIFs to another financial institution that has been 
acknowledged under section 38 in relation to LIFs, and such a 
transferring financial institution continues to have all the 
obligations and liabilities under the LRIFs until all such transfers 
are duly completed and the transferee financial institution has 
assumed all the obligations and liabilities respecting the LRIFs 
under the new LIFs.
(10)  If an LRIF institution fails to comply with subsection (4) or 
(9) or has failed to receive acknowledgement in relation to LIFs, it 
shall provide to the Superintendent, within 7 days after the end of 
the transition period, a list of all persons who held and continue to 
hold an LRIF referred to in subsection (4), and the LRIF institution 
continues to have all the obligations and liabilities under the LRIFs 
until the Superintendent notifies it in writing that those liabilities 
are extinguished.
(11)  The LRIF owner and the LRIF institution are deemed to have 
executed the LRIF addendum provisions referred to in subsection 
(7), whether they did so or not.
(12)  If an LRIF institution does not in effect convert all its LRIFs 
and transfer the money in accordance with this section before the 
end of the transition period, the Superintendent may take whatever 
steps are considered necessary and appropriate to protect the 
interests of the owners and to have the LRIFs converted in effect 
into LIFs, and for that purpose may direct that LRIF institution to 
take any action that he or she considers necessary.
37   Section 41.1 is amended
	(a)	in subsection (1) by striking out ", LIF or LRIF" and 
substituting "or LIF";
	(b)	by adding the following after subsection (2):
(3)  An owner who has made 2 applications for withdrawals under 
subsection (1) or (2) or a combination of both in the previous 12 
months may not apply for a third under this section.

38   Section 42 is amended
	(a)	by striking out ", LIF or LRIF" wherever it occurs and 
substituting "or LIF";
	(b)	in subsection (2)(b) by striking out ", LRIF".

39   Sections 43 and 44 are repealed and the following is 
substituted:
Waiver forms
43(1)  The form of the waiver for the purposes of section 39(5.1) 
of the Act is Form 3.
(2)  The form of the waiver for the purposes of section 40(4)(a) of 
the Act is
	(a)	Part 1 of Form 4 where benefits are to be paid from the 
plan under a defined benefit provision, and
	(b)	Part 1, as it relates to Option 2, of Form 6 in any other 
case.
(3)  The form of the waiver for the purposes of section 40(4.2)(a) 
of the Act is
	(a)	Part 2 of Form 4 where benefits are to be paid from the 
plan under a defined benefit provision, and
	(b)	Part 2 of Form 6 in any other case.
(4)  The form of the waiver for the purposes of section 46(5) of the 
Act is Form 5.
(5)  A waiver under Part 1 or Part 2 of Form 4 or Option 1, 2 or 3 
operates only to waive entitlements that are the subject-matter of 
that Part of Form 4 or of that Option and not with respect to 
entitlements that are the subject-matter of the other Part of Form 4 
or of another Option, as the case may be.
(6)  Where the legislation makes provision directly or indirectly for 
a waiver by a pension partner in a Form, the requirement as to 
form is met if the pension partner executed a waiver before the 
commencement of this subsection in the form prescribed with 
respect to that provision, or its equivalent, as that provision or its 
equivalent existed and was in force at the time of the signing of the 
waiver, provided that the effect of that provision was the same or 
similar to the provision as it currently reads.
(7)  A waiver by a pension partner of any entitlement has no effect 
as against the pension plan, LIRA, LIF or annuity to which it has 
to be sent following its signing and, for the purposes of this 
Regulation, is not validly executed, unless it has and can be proved 
to have been sent to the administrator or financial institution, as the 
case may be.
(8)  A waiver under Form 3 or Part 2 of Form 4 or the Option 3 
waiver may be
	(a)	signed by an individual who is entitled to sign it at any 
time prior to the death of the original plan member 
referred to in it, or
	(b)	revoked at any time before it becomes effective.
(9)  The signing of the waiver referred to in subsection (1), (2) or 
(3) satisfies the conditions and proof requirements for the purposes 
of section 39(5.1), 40(4)(b), 40(4.2)(b), as the case may be, of the 
Act.
Cost-of-living adjustments as ancillary benefits
44   For the purposes of section 42(1)(d) of the Act, cost-of-living 
adjustments are prescribed to be ancillary benefits except to the 
extent that they must be paid under the terms of the plan.
Conversion of optional ancillary contributions to benefits
44.1   Optional ancillary contributions must be converted to 
ancillary benefits on an actuarially equivalent basis that is 
consistent with generally accepted actuarial practice standards 
established by the Canadian Institute of Actuaries, or on any other 
basis considered reasonable by the Superintendent and allowed by 
the tax Act.

40   Section 45 is amended
	(a)	in subsection (1) by striking out "A" and 
substituting "Subject to subsection (1.1), a";
	(b)	by adding the following after subsection (1):
(1.1)  Where pension commencement is deferred, the pension 
plan must provide for the payment option referred to in section 
46(1) of the Act on the administrator's being requested in writing 
to make the payment in accordance with the terms of the plan if,
	(a)	in the case of a plan containing a defined benefit 
provision,
	(i)	the monthly pension payments that would be 
payable as a result of that request do not exceed 
1/12 of 4% of the Year's Maximum Pensionable 
Earnings for the year in which that request was 
made, or
	(ii)	the commuted value of the pension, as calculated 
at the time of that request, does not exceed 20% of 
that year's Year's Maximum Pensionable 
Earnings,
			or
	(b)	in the case of a plan containing only defined 
contribution provisions, that commuted value, as so 
calculated, does not exceed that 20%.
(1.2)  Where
	(a)	a member suspended membership in one plan and 
became a member of another plan to which the 
employer was required to contribute on the member's 
behalf,
	(b)	a member or former member is entitled to benefits from 
2 or more pension plans as a result of a plan transfer 
within the meaning of section 65(1)(b), or
	(c)	a member or former member is entitled to benefits 
arising both from defined benefit provisions and defined 
contribution provisions of a particular plan,
the benefits under both or all of those plans or kinds of provision 
are to be aggregated for the purposes of the calculations under 
this section.
	(c)	in subsection (2)
	(i)	by striking out ", LIF or LRIF" and substituting 
"or LIF";
	(ii)	by repealing clause (b) and substituting the 
following:
	(b)	if
	(i)	the owner has attained the age of 65 years, 
and
	(ii)	the balance in the account does not exceed 
40% of the Year's Maximum Pensionable 
Earnings for the year in which the application 
is made.

41   The following is added after section 46:
DC RIA component
46.1(1)  In this section,
	(a)	"DC account" means the portion of a pension fund to 
which the plan's defined contribution provisions apply, 
exclusive of all DC RIAs;
	(b)	"DC RIA participant" means, if the person afterwards 
referred to in this clause has attained the age of 50 
years,
	(i)	a former member who has, or has applied to 
establish, a DC RIA, or
	(ii)	a person who is a member by virtue of the 
re-employment circumstances described in 
subsection (19),
		and, if the rules so permit, includes a surviving pension 
partner of such a DC RIA participant in whose name the 
DC RIA is or is to be continued;
	(c)	"rules" means those defined contribution provisions of a 
pension plan, if any, that provide for DC RIAs;
	(d)	"year" means a calendar year.
(2)  To the extent that there is any conflict or inconsistency 
between them,
	(a)	this section prevails over any other provisions of the 
legislation, and
	(b)	the tax Act prevails over this section.
(3)  The benefits prescribed for the purposes of section 46(8) of the 
Act are the variable benefits that are allowed by paragraph 
8506(1)(e.1) and subsections 8506(4) to (7), so far as applicable, of 
the Income Tax Regulations (Canada) (CROC., c.945), being those 
provided for in this section.
(4)  A pension plan with defined contribution provisions may 
provide for the payment of retirement income in the form of 
DC RIA benefits, and where a plan allows the establishment of a 
DC RIA and provides for such DC RIA benefits, the provisions of 
this section set out required contractual provisions of the plan that 
apply with respect to the DC RIA and the DC RIA benefits.
(5)  Only Alberta locked-in money may be transferred into a 
DC RIA.
(6)  The administrator shall not transfer money from a DC account 
to a DC RIA
	(a)	unless the DC RIA participant has been offered the 50% 
unlocking option,
	(b)	where the DC participant has a pension partner at the 
time of the transfer and exercises the 50% unlocking 
option, unless the pension partner has exercised Option 
1, and
	(c)	where the DC RIA participant has a pension partner at 
the time of the transfer, unless that pension partner has 
exercised Option 2.
(7)  In addition to providing for the transfer of money from the DC 
account to the DC RIA, the rules may permit a DC RIA participant, 
so far as applicable, to make a transfer into the DC RIA from the 
DC RIA participant's LIRA or LIF or a DC account or a DC RIA 
in another pension plan, or from any 2 or more of them, and the 
rules must provide for such of those additional transfer options, if 
any, that are to be offered.
(8)  The rules must provide that a DC RIA participant may transfer 
money from the DC RIA to, but only to,
	(a)	a LIF,
	(b)	an annuity, or
	(c)	a DC RIA with another pension plan, if the rules of that 
plan so permit.
(9)  The administrator shall not transfer any money from a DC RIA 
on a locked-in basis unless the administrator has
	(a)	informed the transferee administrator or financial 
institution in writing that the money is Alberta locked-in 
money,
	(b)	if the transfer is being effected by a DC RIA participant 
who is not a surviving pension partner and who had a 
pension partner at retirement income commencement, 
provided the transferee with a certified copy of an 
executed Option 2 and, if applicable, Option 3 waiver, 
and
	(c)	where the transfer is to a LIF, ascertained that the 
transferee financial institution is acknowledged in 
relation to LIFs.
(10)  Where a transfer is made from a DC RIA, the administrator 
shall forthwith provide the transferee administrator or financial 
institution with
	(a)	a statement reconciling the DC RIA balance 
immediately after the transfer with the balance as at the 
end of the immediately previous year, showing the 
amounts transferred into, the interest earned by, the 
payments made out of, and the fees charged against, the 
DC RIA during the intervening period, and
	(b)	a copy of any decision made by the DC RIA participant 
respecting the amount to be withdrawn during the 
current  year.
(11)  The rules must provide that, within 60 days after the delivery 
to the administrator of the relevant documents required by it 
following the death of a DC RIA participant with a surviving 
pension partner who has not executed the Option 3 waiver, the 
DC RIA benefits will be paid to the surviving pension partner
	(a)	in cash,
	(b)	if and to the extent permitted by or under the tax Act, as 
a transfer to an RRSP or a RRIF, or
	(c)	as a transfer to an annuity,
at the election of that pension partner.
(12)  Notwithstanding subsection (11), the rules may provide that, 
if the surviving pension partner so elects and if and to the extent 
allowed by the tax Act, DC RIA benefits will continue to be paid 
from the DC RIA to that pension partner.
(13)  The rules must provide that, within 60 days after the delivery 
to the administrator of the relevant documents required by it 
following the death of a DC RIA participant who had no surviving 
pension partner or whose surviving pension partner had executed 
the Option 3 waiver, the DC RIA benefits will be paid to the 
deceased's designated beneficiary or, if there is no valid 
designation of beneficiary, to the deceased's estate in cash or, in 
the case of a designated beneficiary and if and to the extent 
permitted by the tax Act, as a transfer to an RRSP or a RRIF.
(14)  The rules must provide
	(a)	that, within 60 days after receipt of the information 
required by section 24.1(3)(g) to (k), the DC RIA 
participant will establish and notify the administrator in 
writing of the amount of the DC RIA benefits that is to 
be paid during the current year, except that if the rules 
guarantee the rate of return of the DC RIA benefits over 
a period that is greater than one year, then the DC RIA 
participant may establish and notify, at the beginning of 
that period, the amount of DC RIA benefits to be paid 
during any one or more of the years that end not later 
than the expiration of that period,
	(b)	that the DC RIA participant may, at any time during the 
year or that extended period, change that amount 
provided that the amount will always result, by the end 
of the year or that extended period, in a payment or 
payments that are at least equal to the minimum amount 
required by the tax Act and that do not exceed the 
maximum amount calculated in accordance with 
subsection (15), and
	(c)	for the default arrangements referred to in section 
24.1(3)(o) if no election is made.
(15)  The rules must provide for the matters provided for in section 
40(34) to (38), substituting in those subsections
	(a)	"DC RIA benefits" for "retirement income",
	(b)	"DC RIA" for "LIF", and
	(c)	"DC RIA participant" for "owner".
(16)  A DC RIA that is not eligible for a payment option referred to 
in section 45 may not be severed so as to transform it into 2 or 
more LIFs, DC RIAs or annuities or any combination of them, one 
or more of which is so eligible.
(17)  Section 40(26) applies in respect of a DC RIA.
(18)  Section 31 does not apply to a DC RIA but the rules must 
provide that, where a DC RIA participant receiving DC RIA 
benefits becomes a member with respect to defined contribution 
provisions of the plan,
	(a)	at the option of that person, DC RIA benefit payments 
are to continue or are suspended as long as that person 
remains such a member,
	(b)	the additional money in the DC account resulting from 
the further employment is not to be commingled with 
the money in the DC RIA while the DC RIA participant 
remains a member,
	(c)	the DC RIA participant, on the termination of the 
subsequent membership is to have the same portability 
rights and 50% unlocking options with respect to that 
DC account as if that person were a terminated member 
under section 38(1) and (2) of the Act, and
	(d)	if applicable, DC RIA benefit payments that were 
suspended under clause (a) are to recommence when the 
person again terminates membership.
Consent re financial hardship commutation, etc.
46.2   The basis for the Superintendent's consent under section 
46(9) of the Act is that set out in section 41.1 and Schedule 4.

42   Section 47(2) is amended
	(a)	by adding "maximum" after "The";
	(b)	by striking out "not exceeding" and substituting "equal 
to".

43   Section 48 is amended
	(a)	in subsection (3)
	(i)	in clause (a) by striking out "quarterly" and 
substituting "monthly";
	(ii)	by repealing clauses (b) and (c) and 
substituting the following:
	(b)	where the plan has one or more unfunded 
liabilities, payments consisting of equal payments 
made at least monthly that are sufficient to 
amortize the unfunded liability or each unfunded 
liability over a period not exceeding 15 years from 
the review date relating to its establishment, and
	(c)	where the plan has one or more solvency 
deficiencies, payments consisting of equal 
payments made at least monthly that are sufficient 
to amortize the solvency deficiency or each 
solvency deficiency over a period not exceeding 5 
years from the review date relating to its 
establishment.
	(b)	by adding the following after subsection (3):
(3.1)  The criteria prescribed for the purposes of section 48(4) of 
the Act are that
	(a)	the jointly funded pension plan is a publicly funded 
plan,
	(b)	the administrator has applied in writing to the 
Superintendent for the joint funding portion of that 
subsection to apply to the plan, and
	(c)	the Superintendent has approved that application in 
writing.
	(c)	by repealing subsection (4), other than subsection 
(4)(b), and substituting the following:
(4)  Subject to subsection (4.1), the employer may, instead 
of making the special payments referred to in subsection 
(3)(b) or (c), make at least monthly payments expressed in 
such a manner that
	(a)	either
	(i)	each payment is a constant percentage of the 
future payroll of the members projected as at 
the date of the original establishment of the 
unfunded liability or solvency deficiency, as 
the case may be, in question, or
	(ii)	the payments are expressed as a dollars and 
cents per hour amount based on current and 
actually negotiated future contribution rates,
				and
	(d)	by adding the following after subsection (4):
(4.1)  To the extent that subsection (4) deals with a solvency 
deficiency, that subsection does not apply where payments are 
required by section 73(2) or (3) of the Act.
	(e)	in subsection (6) by adding ", as the case may be" after 
"other unfunded liability or solvency deficiency";
	(f)	in subsection (7)
	(i)	in clause (a) by striking out "an" and 
substituting "a new";
	(ii)	in clause (b) by adding "new" after "no";
	(iii)	by adding "new" after "whether a";
	(g)	by repealing subsections (9), (10), (11) and (12) and 
substituting the following:
(9)  In subsection (9.1), "going concern actuarial gain" means 
the actuarial value, as at a valuation date, of the net positive 
financial impact, if any, caused by economic and demographic 
experience, determined on a going concern basis in accordance 
with accepted actuarial practice, in the period between the 
review date of the most recently filed actuarial valuation report 
and the current valuation date.
(9.1)  Where a filed actuarial valuation report or cost certificate 
reveals that the plan has a going concern actuarial gain,
	(a)	the going concern actuarial gain shall be used to 
amortize or, where insufficient to amortize, then to 
reduce the outstanding balance of an unfunded liability, 
with the established unfunded liabilities being 
amortized or reduced according to the chronological 
order in which they were established, and
	(b)	where the going concern actuarial gain is used to reduce 
an unfunded liability under clause (a), further special 
payments under subsection (3)(b) may be reduced for 
that unfunded liability on a prorated basis over the 
remainder of the period over which they are payable.
(10)  In subsection (10.1), "solvency actuarial gain" means the 
actuarial value, as at a valuation date, of the net positive financial 
impact, if any, caused by economic and demographic experience, 
determined on a solvency basis in accordance with accepted 
actuarial practice, in the period between the review date of the 
most recently filed actuarial valuation report and the current 
valuation date.
(10.1)  Where a filed actuarial valuation report or cost certificate 
reveals that the plan has a solvency actuarial gain,
	(a)	the solvency actuarial gain shall be used to amortize or, 
where insufficient to amortize, then to reduce the 
outstanding balance of a solvency deficiency, with the 
established solvency deficiencies being amortized or 
reduced according to the chronological order in which 
they were established, and
	(b)	where the solvency actuarial gain is used to reduce a 
solvency deficiency under clause (a), further special 
payments under subsection (3)(c) may be reduced for 
that solvency deficiency on a prorated basis over the 
remainder of the period over which they are payable.
(11)  Where a filed actuarial valuation report or cost certificate 
reveals that the plan has excess assets, the excess assets shall be
	(a)	used to increase benefits,
	(b)	left in the plan,
	(c)	unless the plan specifically provides that an employer 
may not reduce the employer contributions referred to 
in subsection (3)(a) by the use of excess assets and to 
the extent that the employer contributions do not relate 
to a solvency deficiency, applied to reduce those 
employer contributions,
	(d)	if the plan so permits, applied to reduce member 
required contributions, or
	(e)	if no solvency deficiency exists and subject to section 
83 of the Act and section 67 of this Regulation, paid or 
transferred to the employer,
or applied to any 2 or more of those objectives.
(12)  A specified multi-employer plan or a multi-unit plan may, 
in applying this section, provide that some or all of the assets 
and liabilities (including excess assets) and the administrative 
expenses relating to each participating employer are to be 
separately determined and allocated, in which case each 
participating employer shall comply with this section with 
respect to its allocated share of contributions required to fund 
the plan.
	(h)	in subsection (17) by striking out "solvency tests, 
including the";
	(i)	in subsection (18) by striking out "or cost certificate, or 
both, referred to in section 10(2) or 27(4) or statement 
referred to in section 27(3)" and substituting "and cost 
certificate referred to in section 10(2) or 27(3), or interim 
cost certificate, statement or actuarial valuation report 
referred to in section 27(2)";
	(j)	in subsection (20) by striking out "province" and 
substituting "jurisdiction".

44   Section 49 is amended
	(a)	in subsection (1)(d) by striking out "quarterly" and 
substituting "monthly";
	(b)	by repealing subsections (2) and (3) and 
substituting the following:
(2)  Notwithstanding subsection (1)(d) and section 48(3), when 
an actuarial valuation report and cost certificate referred to in 
section 14(3)(b) of the Act are being prepared, employer 
contributions referred to in subsection (1)(d) do not need to be 
remitted until the earlier of 30 days after the date the actuarial 
valuation report is filed and 30 days after the end of the second, 
or in the case of a specified multi-employer plan the third, 
quarter following the review date, but they must include 
interest from the latest date when they would have been 
remitted under subsection (1)(d) to the date of remittance, at 
the same interest rate as was used in determining the employer 
contributions referred to in subsection (1)(d).
(3)  The period prescribed for the purposes of section 50(2) of 
the Act is 30 days.
(4)  The period prescribed for the purposes of section 50(3) of 
the Act within which the ultimate recipient must report to the 
Superintendent is 30 days.
(5)  The time prescribed for the purposes of section 50(3.2) of 
the Act is any time within 30 days after the beginning of the 
fiscal year in question.

45   Section 50(5) is amended by striking out "province" 
wherever it occurs and substituting "jurisdiction".

46   Section 51 is amended
	(a)	by repealing subsection (4) and substituting the 
following:
(4)  If the plan allows members to make investment choices, 
the administrator shall ensure that the plan offers sufficient 
investment options to enable the members to make prudent 
investment choices.
	(b)	in subsection (5) by striking out from ", but the 
administrator" to the end.

47   Section 53 is amended
	(a)	in subsection (2)(c) by striking out "depository" and 
substituting "depositary";
	(b)	by repealing subsection (3) and substituting the 
following:
(3)  For the purposes of subsection (2), "custodian agreement" 
means an agreement referred to in section 1(1)(i.1) of the Act.
	(c)	in subsection (5) by striking out "Act or this 
Regulation" and substituting "legislation".

48   Section 55 is amended
	(a)	by adding the following after subsection (4):
(4.1)  Subsections (5) to (7) apply
	(a)	with respect to pension plans to which section 48(6) of 
the Act applies, only where there is a termination of the 
whole plan,
	(b)	with respect to multi-unit plans, only where one or more 
of the participating employers are declared bankrupt, 
and
	(c)	with respect to any other plan, only if payments by an 
employer under section 73(2) of the Act stop due to the 
employer's being declared bankrupt.
	(b)	by adding the following after subsection (7):
(7.1)  Notwithstanding subsection (4.1)(a),
	(a)	if some or all of the assets and liabilities of a 
participating employer in a specified multi-employer 
plan are dealt with separately for the employer, 
subsections (5) to (7) are to be applied separately in 
respect of those assets and liabilities in accordance with 
section 48(12), and
	(b)	a specified multi-employer plan must provide that, on 
the termination of the whole plan and in its winding up, 
if there are insufficient assets after section 48 has been 
applied, the assets will be distributed in accordance with 
subsection (5).
(7.2)  Where a participating employer in a multi-unit plan is 
declared bankrupt, this section applies separately to that 
employer as distinct from the plan's other participating 
employers.

49   The heading to Part 4 is amended by striking out 
"Spousal".

50   Section 56(2)(a) is amended by striking out "meaning in 
section 58(1)(b)" and substituting "same meaning as "matrimonial 
property order" in section 1(1)(x.2)".

51   Section 58 is amended by adding the following after 
subsection (4):
(5)  Where the non-member-pension partner's share is contained in a 
DC RIA, the share must be transferred in accordance with section 
46.1(8).

52   The following is added after section 60:
50% unlocking of non-member-pension partner share
60.1   If applicable, a non-member-pension partner may exercise 
the 50% unlocking option in relation to the non-member-pension 
partner share that are given by Schedule 1.1.

53   Section 62 is repealed.
54   The following is added after section 64:
Missing persons
64.1(1)  The period prescribed for the purposes of section 77.1(3) 
of the Act is the period ending
	(a)	subject to clause (b), one year after the consent under 
section 77(1.1) of the Act was obtained, or
	(b)	if the plan is receiving payments under section 73(2) of 
the Act, 60 days after the last payment under that 
subsection was made.
(2)  The information prescribed for the purposes of section 
77.1(3)(b)(i) of the Act is, in respect of each person,
	(a)	the name of the missing person and, if different, of the 
member or former member in question,
	(b)	the date when the member or former member's 
employment initially commenced,
	(c)	the date when the member or former member joined the 
plan,
	(d)	the date, if applicable, when the former member 
terminated membership in the plan,
	(e)	the date, if applicable, when the member or former 
member died or when the plan terminated, and
	(f)	the balance in the person's account in the plan.
(3)  The amount prescribed for the purposes of section 77.1(13) of 
the Act is such amount as the Superintendent decides and publishes 
on the Superintendent's website.

55   Section 65 is amended
	(a)	by repealing subsection (1)(d) and (f);
	(b)	by repealing subsection (2) and substituting the 
following:
(1.1)  This section sets out the rules relating to section 80 of the 
Act.
(2)  This section applies where all or a specific and identifiable 
class or group of the members of a plan become members of 
another plan that is an active plan, due to
	(a)	the disposal of all or part of an employer's business, 
undertaking or assets,
	(b)	a merger between an employer and another entity,
	(c)	the merger of plans,
	(d)	the division of a plan into 2 or more plans,
	(e)	the withdrawal from a specified multi-employer plan or 
a multi-unit plan of an employer, or
	(f)	any other similar transaction.
(2.1)  The administrator of the successor plan shall disclose to 
everyone affected by the plan transfer all the information 
required, and in the manner required, by the Superintendent.
	(c)	in subsections (3) and (4) by striking out "Act or this 
Regulation" and substituting "legislation";
	(d)	in subsection (4) by striking out "or division of the plan 
or plans for one employer" and substituting "of plans or 
the division of a plan";
	(e)	in subsection (8)(a) by striking out "and" at the end 
of subclause (i), adding "and" at the end of 
subclause (ii) and adding the following after 
subclause (ii):
	(iii)	showing the assets and liabilities being transferred from 
the predecessor plan to the successor plan,
	(f)	by adding the following after subsection (9):
(10)  In addition to other information required by this 
Regulation, the administrator of the predecessor plan shall 
provide to members who are transferring to the successor plan 
and, where applicable, to persons who remain members of the 
predecessor plan after the plan transfer, the information that the 
Superintendent, by notice in writing given to the administrator, 
requires to be provided.

56   Section 67 is amended by adding the following after 
subsection (2):
(2.1)  Where and when the administrator is required to provide a 
notice under subsection (2) in the circumstances described in 
subsection (2)(b), the administrator shall also provide the notice to 
the persons to whom subsection (9) applies.

57   The following is added after section 67:
Prescribed legislation
67.1   For the purposes of section 85.3 of the Act,
	(a)	the provisions of this Regulation prescribed are sections 
39(23)(b) and 40(26)(b), section 46.1(18) as it 
incorporates section 40(26)(b), sections 41.1 and 68(6), 
Schedule 1.1 and other provisions of this Regulation 
relating to the 50% unlocking option, and
	(b)	the legislation prescribed is
	(i)	the Assured Income for the Severely Handicapped 
Act,
	(ii)	the Income and Employment Supports Act,
	(iii)	the Student Financial Assistance Act,
	(iv)	the Seniors Benefit Act, and
	(v)	any other Alberta statute whereby persons are 
entitled to amounts of money based on means 
testing,
		and, where applicable, the regulations under those Acts.

58   Section 68 is amended
	(a)	by repealing subsections (2) and (3);
	(b)	by repealing subsections (5) and (6) and 
substituting the following:
(5)  The pension plans specified in Schedule 0.2 are exempt 
from the provisions referred to in that Schedule to the extent or 
on the conditions, where applicable, specified in that Schedule.
(6)  A vehicle within the meaning of section 1(d) of Schedule 
1.1 is exempt from section 35 of the Act and other locking-in 
provisions of the legislation to the extent set out in Schedule 
1.1 and other provisions of this Regulation that directly or 
indirectly reference that Schedule, and the alternative 
provisions set out in that Schedule apply in respect of those 
exemptions and this subsection and that Schedule override any 
other provisions of the legislation to the contrary.
	(c)	in subsection (7)
	(i)	by striking out "a deferred pension described in 
section 38(2)(c)(i) of the Act" and substituting "an 
annuity described in section 38(2)(c)(i) of the Act that is 
a deferred annuity";
	(ii)	by striking out "pension is" and substituting 
"annuity is";
	(d)	by repealing subsection (8).

59   Sections 73 and 74 are repealed and the following is 
substituted:
Transitional - financial statements
73.1   Pension plans that, before the commencement of this 
section, were not required to file annual financial statements are 
not require to file annual financial statements with respect to fiscal 
years ending before the commencement of this section.
Transitional - LIRAs and LIFs
73.2(1)  This section applies notwithstanding anything in section 
36 of the Employment Pension Plans (General, 2006) Amendment 
Regulation, and a financial institution that was on the 
Superintendent's list under the repealed section 38 for a LIRA or a 
LIF immediately before the commencement of this section (in this 
section referred to as a "transitional status institution") is deemed 
to be acknowledged for that vehicle until the sooner of
	(a)	the end of 2007 or such later time as the Superintendent 
allows it under subsection (2), and
	(b)	the financial institution's becoming actually 
acknowledged under the new section 38,
(the period between the commencement of this section and that 
sooner time being in this section referred to as the "transition 
period").
(2)  The Superintendent, on an application made in writing by a 
specific transitional status institution before December 16, 2007, 
may in writing extend the end of 2007 deadline referred to in 
subsection (1)(a) for that institution until a date not later than the 
end of June 2008.
(3)  Until the end of the transition period but subject to sections 35 
and 36 of the Interpretation Act, the legislation applicable to the 
LIRA or LIF, as the case may be, in force immediately before the 
commencement of this section continues to apply with respect to 
the transitional status institution, that vehicle and the owner.
(4)  Notwithstanding subsection (3),
	(a)	sections 39(18)(b) and (25) and 40(21)(b) and (24), and
	(b)	section 41(7), so far as applicable and as it applies to an 
LRIF,
apply in respect of a transitional status institution and its LIRAs 
and LIFs during the transition period.
(5)  Once a transitional status institution has become 
acknowledged under section 38, it shall, within the next 90 days,
	(a)	replace each addendum forming part of the vehicle 
under the legislation in force before the commencement 
of this section with the addendum required by section 
39 or 40, as the case may be, and
	(b)	provide the owner with a new copy of the whole LIRA 
or LIF (including its addendum),
and, from the end of the transition period, the owner and the 
transitional status institution are deemed to have entered into the 
agreements comprising that addendum, whether they signed an 
agreement to that effect or not.
(6)  A transitional status institution that does not wish to continue 
to administer LIFs or LIRAs after the end of the transition period 
shall, as soon as practicable and in any case before December 16, 
2007, transfer all its LIFs or LIRAs or both, as the case may be, to 
another financial institution that does, and such a transferring 
financial institution continues to have all the obligations and 
liabilities under the LIFs or LIRAs or both that it had previously 
until it duly effects such a transfer and they are assumed by the 
transferee financial institution.
(7)  Where a transitional status institution fails to receive 
acknowledgement under section 38 in respect of its LIFs or LIRAs 
or both or to transfer them under subsection (6) before the end of 
the transition period,
	(a)	it nevertheless continues to have all the liabilities under 
them until the Superintendent notifies it in writing that 
those liabilities have been extinguished, and
	(b)	the Superintendent may take whatever steps are 
considered necessary and appropriate to protect the 
interests of the owners, and for that purpose may direct 
that transitional status institution to take any action that 
he or she considers necessary.
(8)  If a transitional status institution becomes acknowledged under 
section 38 in relation to a LIF after the income payments for a year 
have already been formally elected, those elected income payments 
are to apply for the balance of that year.
(9)  Subject to subsection (1), the list established under the 
repealed section 38 is closed.
(10)  Section 1(10)(b) is to be treated as including a reference to 
this section.

60   Schedule 0.1 is amended in section 1(5) by striking out 
"Act or this Regulation" and substituting "legislation".

61   The following is added after Schedule 0.1:
Schedule 0.2 
(Section 68(5)) 
 
Partial Exemptions
Publicly funded plans
1(1)  The Superintendent may exempt a publicly funded plan, on 
any conditions that the Superintendent consider appropriate, from 
the requirements of section 48(3)(c) of this Regulation if the 
administrator makes a written application to the Superintendent 
that includes
	(a)	an undertaking to file at least triennial solvency 
valuations with the Superintendent,
	(b)	an acknowledgement that the Superintendent may 
refuse any amendment to the plan that affects solvency 
if the plan has a solvency deficiency or its solvency 
ratio is less than one, and
	(c)	agreement from the contributing employers to pay any 
deficiency should the plan be terminated.
(2)  The Superintendent may, on application in writing, exempt a 
publicly funded plan that is a supplemental pension plan from the 
requirement to use the definition in section 1(1)(ff.1) of the Act so 
long as it uses instead, for the purposes of the plan, the 
corresponding definition in the plan to which it is supplemental.
(3)  Notwithstanding anything else in the legislation, a 
supplemental plan referred to in subsection (2) may contain 
provisions deeming any member of it who has made an election or 
decision relating to portability or non-portability under and in 
relation to the plan to which it is supplemental to have made the 
same election or other decision under and in relation to the 
supplemental plan.
(4)  Notwithstanding anything in the legislation, where the whole 
of a supplemental plan referred to in subsection (2) terminates and 
the plan to which it is supplemental does not, the supplemental 
plan is not required to wind up.
Plans for connected individuals
2(1)  Without limiting any specific exemptions in the legislation, 
plans for connected individuals are exempt from the following 
provisions of the Act and of this Regulation respectively:
	(a)	Act Provisions:
section 12.1; 
section 14(1), (2) and (3); 
section 19; 
section 20(1) and (3); 
section 21; 
section 23(2); 
section 50(3); 
section 72; 
section 76(3) and (4); 
section 77; 
section 82(1)(b) and (c), (2) and (3); 
section 83(1)(b) and (c); 
section 84;
	(b)	Provisions of this Regulation:
section 6(1) and (2); 
section 8(1); 
section 10(2); 
section 67(2), (2.1), (4), (6), (7) and (8).
(2)  With respect to plans for connected individuals, the reference 
in section 9(3)(c) of this Regulation to "3 years" is to be treated as 
reading "4 years".
SMEPPs and section 48(3)(c)
3(1)  The administrator of a specified multi-employer plan may 
apply to the Superintendent in the form and manner required by the 
Superintendent for, and the Superintendent may in writing, consent 
to the plan's suspending payments that an employer is or was 
required by section 48(3)(c) of this Regulation to pay into the plan 
after 2005 for the period, not exceeding 3 years from the date 
before 2009 that is specified in the consent, on condition that,
	(a)	as soon as the suspension period ends, the administrator 
will have an actuarial valuation report prepared that will 
identify the solvency deficiency, if any, at that time, 
show the funded and solvency status of the plan and 
otherwise meet the requirements of the Superintendent, 
and
	(b)	if such a solvency deficiency exists, it will be amortized 
within 5 years from the end of that period.
(2)  An administrator may make only one application in total under 
subsection (1).
(3)  The administrator must submit, along with the application 
under subsection (1),
	(a)	an actuarial valuation report as at the review date, not 
being before December 31, 2005, to which the 
application relates, and
	(b)	any other documents required by the Superintendent.
(4)  The administrator shall, within 270 days after the end of the 
suspension period, file the actuarial valuation report prepared 
under subsection (1).
(5)  An administrator who wishes to have the suspension under 
subsection (1) cancelled may do so within the suspension period by 
notifying the Superintendent in writing of that intention and by 
filing an actuarial valuation report referred to in subsection (1)(a).
(6)  The Superintendent's consent under subsection (1) applies or 
continues to apply only if
	(a)	section 48, including the testing required by section 
48(2), of the Act and, subject to subsection (7), section 
48 of this Regulation and the other provisions of this 
section continue to be complied with,
	(b)	the results of that testing are reported in each actuarial 
valuation report,
	(c)	no benefits are improved while the suspension 
continues,
	(d)	a schedule is adopted to amortize each unfunded 
liability established on or after the review date to which 
the application relates over a period not exceeding 10 
years from its establishment and to amortize each 
unfunded liability that was established previously over 
the lesser of 10 years from the review date to which the 
application relates and the remainder of the 15-year 
amortization period under which it was initially 
established, and
	(e)	any other relevant conditions imposed by the 
Superintendent under section 4.1 of the Regulation are 
complied with.
(7)  This section applies notwithstanding anything in section 48 of 
this Regulation.
Plans established before 1987
4   A pension plan established before January 1, 1987 is exempt 
from the requirements of section 28(1)(g) or 55(2) of the Act, or 
both, if the Superintendent considers that the provisions of the plan 
relating to the allocation and distribution of its surplus or excess 
assets during the continuation of the plan or on winding-up, or 
both, as the case may be, are unclear, and notifies the administrator 
in writing that the plan need not be amended in order that the plan 
may comply with section 27 of the Act in relation to that provision 
or those provisions.
Benefits, etc., in excess of maximum tax limits
5   Where
	(a)	a pension plan provides a benefit or allocates surplus or 
excess assets in respect of a person entitled to a benefit 
and the benefit or surplus or excess asset allocation is in 
excess of the maximum benefit or contribution limit 
applicable to the plan under the tax Act, or
	(b)	the commuted value of a benefit is in excess of the 
maximum limit that can be transferred to another plan 
or to an RRSP under the tax Act,
then the amount of that benefit, surplus or excess asset allocation 
or commuted value that is in excess of that maximum limit is 
exempt from section 35(1) and (2) of the Act and the locking-in 
requirement of section 30(5) of the Act.
SMEPPs and transfer agreements with other jurisdictions
6   Where
	(a)	the administrator of a specified multi-employer plan (in 
this section called the "Alberta plan") that has not 
received the approval of the Superintendent under 
section 31(4) of the Act has entered into a transfer 
agreement referred to in section 23(1) of the Act with 
the administrator of a pension plan of a jurisdiction 
other than Alberta that would be eligible for designation 
as a specified multi-employer plan if it fell under the 
Act (in this section called the "non-Alberta plan"), and
	(b)	the transfer agreement provides for the transfer of 
contributions between the plans for an employee who 
temporarily leaves employment covered by the 
non-Alberta plan and enters employment covered by the 
Alberta plan,
contributions that are subject to transfer under the transfer 
agreement are exempt from section 35(1) and (2) of the Act and 
the employee is not to be treated as a member of the Alberta plan, 
notwithstanding section 1(1)(y) of the Act.
Retroactive reduction of SMEPP benefits
7   Where the option chosen under section 48(18) of this 
Regulation has been implemented and the amount of contributions 
remains insufficient to cover the cost of benefits, the specified 
multi-employer plan is exempted from the application of section 
81(1) of the Act if, on application to the Superintendent, the 
Superintendent considers that it would create an undue burden on 
the plan to apply that provision and approves that exemption.
Refusal of registration under tax Act
8   Where a pension plan that has secured registration is ultimately 
refused registration under the tax Act, that plan is exempt from all 
locking-in provisions of the legislation.
Income and asset testing - 50% unlocking option
9   The discretionary entitlement of a person to withdraw money 
from a pension plan under section 68(6) and Schedule 1.1 is not to 
be considered when determining, for the purposes of the legislation 
specified in section 67.1(b), income or assets available to the 
person.

62   Schedule 1 is repealed and the following is substituted:
Schedule 1 
 
Form 1 
(Section 39) 
 
Employment Pension Plans Act 
and Regulation (Alberta) 
 
Locked-in Retirement Account 
(Alberta LIRA) Addendum
IMPORTANT NOTES: 	This addendum forms an integral part of 
the LIRA to which it is attached.  The 
provisions of this addendum prevail over 
other provisions of the LIRA in the event 
of any conflict or inconsistency.  The 
LIRA (including this addendum) is also 
subject to section 39 of the Regulation 
and all other provisions of the Act and the 
Regulation (excluding this addendum) that 
apply to LIRAs and in the event of any 
conflict or inconsistency, that other 
legislation prevails.  This addendum is 
only a general and abbreviated 
description of the legal rights and 
obligations relating to the LIRA vehicle 
and as such may not necessarily reflect 
fully or accurately the rights and 
obligations in the legislation.  It should be 
noted that there are transitional 
arrangements in place covering mainly 
the period between August 2006 and the 
end of 2007, that are not necessarily 
reflected in this addendum, and that may 
also affect relationships with LRIFs.
I,     (insert name of LIRA owner)     , (in this addendum referred to as 
"the owner") certify that I am
?  the original owner 
?  a surviving pension partner owner 
?  a non-member-pension partner owner 
as defined in paragraph 1 of this addendum. 
[Please tick the box that applies to you.]
With respect to Alberta locked-in money to which the LIRA of 
which this addendum forms part applies, I, the owner, and we 
  (insert name of acknowledged financial institution underwriter or depositary 
of the LIRA)    (in this addendum referred to as "the LIRA issuer"), 
having signed the LIRA agreement to which this addendum is 
attached, agree that the provisions set out in this addendum 
constitute fundamental terms of the contract between us and agree 
to comply with those provisions, subject to the above-mentioned 
legislation.
Part 1 
General Provisions
Interpretation
1(1)  The following terms, used in this addendum, have the 
meanings respectively given them as indicated below, except 
where the context otherwise requires:
	(a)	"the Act" means the Employment Pension Plans Act of 
Alberta, "the Regulation" means the Employment 
Pension Plans Regulation (Alberta Regulation 35/2000) 
under that Act, and "EPPA/R" means either or both, as 
applicable, all as amended to the time as of which the 
legislation is being interpreted;
	(b)	"acknowledged" means, in relation to a financial 
institution, currently acknowledged under section 38 of 
the Regulation in relation to LIRAs or LIFs, as 
applicable;
	(c)	"Alberta locked-in money" means money in a pension 
plan, LIRA or LIF
	(i)	that
	(A)	originally belonged to a member who 
terminated membership in Alberta,
	(B)	belongs to a surviving pension partner of
	(I)	a member who died while employed in 
Alberta,
	(II)	a former member who terminated 
membership while employed in Alberta, 
or
	(III)	the original owner of a LIRA,
					or
	(C)	belongs to a non-member-pension partner 
owner owing to the application of Parts 4 of 
the legislation and originally belonged to a 
member who was employed in Alberta at the 
end of the period of joint accrual referred to 
in section 57(a) of the Regulation,
				and
	(ii)	with respect to which the locking-in requirements 
of the legislation are still required to be met;
	(d)	"annuity" means a non-commutable life annuity 
contract issued or to be issued by an insurance business 
licensed to do business in Canada that meets the 
conditions in paragraph 60(l) of the federal Income Tax 
Act and will not commence before the annuitant reaches 
50;
	(e)	"DC RIA" (an acronym for defined contribution 
retirement income account) means an account created 
under defined contribution provisions of a pension plan 
that provides the benefits referred to in section 46(8) of 
the Act under section 46.1 of the Regulation;
	(f)	"DC RIA benefits" means the benefits referred to in 
clause (e);
	(g)	"financial institution" means the issuer of a LIRA 
(including this one) or a LIF, as the case may be and, 
where the context relates to an annuity, includes an 
insurance business referred to in clause (d);
	(h)	"Form", followed by a number, means the form in 
Schedule 1 to the Regulation corresponding to that 
number;
	(i)	"non-member-pension partner owner" means a pension 
partner who owns this LIRA as a result of the 
application of the marriage breakdown/matrimonial 
property order/agreement rules in EPPA/R;
	(j)	"Option",
	(i)	followed by the numeral "1", means the option in 
Part 1 of Form 6 agreeing to the unlocking of up to 
50% of commuted value or the value of the vehicle 
account in question,
	(ii)	followed by the numeral "2", means the option in 
Part 1 of Form 6 giving up the right to receive the 
minimum 60% survivor payments, and
	(iii)	followed by the numeral "3", means the option in 
Part 2 of Form 6 giving up all rights as automatic 
designated beneficiary;
	(k)	"original owner" means the individual who was the 
member or former member of a pension plan and who 
made a transfer under section 30(5) or 38 of the Act or 
section 39, 40, 41 or 46.1 of the Regulation at any time, 
the assets deriving from which transfer are now held in 
this LIRA;
	(l)	"owner" means the original owner, a surviving pension 
partner owner or a non-member-pension partner owner;
	(m)	"paragraph" and "Part" mean a paragraph and a Part, 
respectively, of this addendum;
	(n)	"pension partner" means, in relation to an original 
owner,
	(i)	a person who, at the relevant time, was married to 
that original owner and had not been living 
separate and apart from that original owner for 3 or 
more consecutive years, or
	(ii)	if there is no such married person, a person, if 
there is any, who, immediately preceding that time, 
had lived with that original owner in a conjugal 
relationship
	(A)	for a continuous period of at least 3 years, or
	(B)	of some permanence, if there is a child of the 
relationship by birth or adoption,
		but does not include any person who is not 
recognized as a spouse or common-law partner for 
the purposes of any provision of the federal 
income tax legislation respecting RRSPs;
	(o)	"retirement income commencement" means the time 
when the former member or original owner initially 
transfers or transferred the money from a pension plan 
or a LIRA to a LIF, a DC RIA or an LRIF (before its 
abolition);
	(p)	"surviving pension partner owner" means an individual 
who made a transfer of money under section 39(6) of 
the Act or section 39(27) of the Regulation;
(2)  Terms used in this addendum and not defined in subparagraph 
(1) but defined generally in EPPA/R have the meanings assigned to 
them in EPPA/R.
(3)  Reference in this addendum to the execution of a waiver also 
requires the provision of it to the applicable pension plan 
administrator or financial institution for it to be effective.
Voluntary disposition
2   In general, the owner may not assign or otherwise voluntarily 
dispose of this LIRA or any rights or obligations under it to 
another person, but this is subject to the exceptions dealt with later.
Involuntary access
3(1)  In general, the money in this LIRA may not be seized, 
attached or otherwise taken by another person, except that the 
money is subject to the provisions of the Maintenance 
Enforcement Act and the marriage breakdown rules.
(2)  The exceptions referred to in subparagraph (1) will or may 
continue to apply if the money is transferred from this LIRA to 
another financial vehicle.
General rule on early withdrawal, etc.
4   No early voluntary withdrawal, commutation or surrender of 
money in this LIRA will be permitted except in accordance with 
Part 4 or the transitional (temporary) maximum 50% unlocking 
option in Schedule 1.1 to the Regulation.
Locking in
5   Money that is not Alberta locked-in money will not be 
transferred to or continue to be held in this LIRA.
Investment
6   The money in this LIRA will be invested in a manner that 
complies with the rules for the investment of RRSP money 
contained in the federal income tax legislation.
Retirement income
7(1)  All the money in this LIRA, including investment earnings, is 
to be used ultimately to obtain an annuity or retirement income that 
is required or permitted by EPPA/R.
(2)  The annuity or retirement income ultimately to be obtained for 
an original owner with a pension partner at the time payment of 
that income commences is to be at least on a 60% joint life basis 
that satisfies section 40 of the Act, unless that pension partner 
executes Option 2 of the Form 6 waiver.
Splitting of contract
8   This LIRA, if not eligible for the payment allowed by 
paragraph 21, may not be split so as to change it into 2 or more 
LIRAs, LIFs, DC RIAs or annuities or any combination of them 
that would make any of them so eligible.
Pension partner waiver
9   A pension partner may be entitled to money from this LIRA on 
the death of the original owner but, while the original owner is still 
alive, the pension partner may waive entitlement to that money by 
executing Form 3.
Disclosure statements
10(1)  The LIRA issuer will provide to the owner, at least 
annually, a statement showing
	(a)	the LIRA account balance at the beginning and the end 
of the period covered by the statement, and
	(b)	the investment gains and losses earned in, the amounts 
transferred into, the payments made out of, and the fees 
charged against, the account in that period.
(2)  Where money is paid out from this LIRA, the LIRA issuer will 
provide to the owner a statement showing
	(a)	the LIRA account balance at the beginning of the period 
covered by the statement and at the date of the payment 
out, and
	(b)	the matters specified in subparagraph (1)(b).
Part 2 
Transfers In and Transfers and 
Payments Out of LIRA
Transfer-in requirements
11(1)  The LIRA issuer
	(a)	warrants to the owner that it is, and will make every 
endeavour while this contract exists to remain, on the 
Superintendent's list of acknowledged financial 
institutions for LIRAs, and
	(b)	will ensure that only Alberta locked-in money is 
transferred to this LIRA.
(2)  A transfer to this LIRA may be made only from
	(a)	the non-DC RIA portion of a plan or another LIRA, or
	(b)	an old locked-in RRSP under an agreement under the 
predecessor legislation of 1966.
Transfers to other vehicles
12   A transfer of money from this LIRA is permitted to be made 
only to
	(a)	the non-DC RIA portion of a plan on a locked-in basis,
	(b)	a DC RIA,
	(c)	another LIRA,
	(d)	a LIF, or
	(e)	an annuity.
Transfer-out requirements
13(1)  The LIRA issuer will not transfer money from this LIRA 
unless, to the extent applicable, it
	(a)	has ascertained that the transferee financial institution, 
if issuing a LIRA or LIF, is on the appropriate 
Superintendent's acknowledgement list,
	(b)	has ascertained that the transferee pension plan will 
treat the money as Alberta locked-in money,
	(c)	has advised the transferee financial institution or 
pension plan administrator that the money being 
transferred is Alberta locked-in money,
	(d)	provides that transferee with a certified copy,
	(i)	if the transfer is being made to another LIRA or 
the non-DC RIA portion of a pension plan by an 
original owner who has a pension partner at the 
time of the transfer who has previously executed a 
Form 3 waiver, of that waiver, or
	(ii)	if the transfer is being made to a LIF, a DC RIA or 
an annuity other than a minimum 60% joint life 
annuity by an original owner with a pension 
partner at the time of the transfer, of an executed 
Option 2 of the Form 6 waiver,
	(e)	has provided the owner with a statement under 
paragraph 10(2), and
	(f)	if the transfer is to a LIF, DC RIA or annuity, has 
offered the owner the maximum 50% unlocking option 
provided for in Schedule 1.1 to the Regulation subject, 
if the owner is an original owner with a pension partner 
at the time of the transfer, to the pension partner's 
having previously exercised Option 1 of the Form 6 
waiver,
and the LIRA issuer will otherwise ensure that the EPPA/R rules 
on transfers out are obeyed.
(2)  Unless a pension partner referred to in subparagraph (1)(d)(ii) 
executes Option 2 of the Form 6 waiver, that pension partner is the 
designated beneficiary for any death benefit.
(3)  Where an Option 1 of the Form 6 waiver was executed, the 
LIRA issuer will keep a certified copy of it.
Potential consequences of breach
14   If the LIRA issuer disobeys any of the requirements in 
paragraph 13(1), it may have to fund the recipient vehicle (again if 
need be) to ensure that those entitled to the benefits of the recipient 
vehicle receive them in the form and manner required by EPPA/R.
General liability on payment out
15   If money is paid out to an individual person contrary to 
EPPA/R, the LIRA issuer will ensure the provision of appropriate 
income to the owner, in accordance with EPPA/R, as if that 
legislation has not been breached.
Prohibition against double indemnity
16   Where the owner, as a result of EPPA/R, obtains, in effect, a 
double payment or a payment as well as a continuing interest in the 
LIRA, the owner may be liable to repay amounts to which EPPA/R 
did not entitle him/her.
Federal tax legislation requirements
17   Without mention of other provisions of the federal tax 
legislation to which a transfer is or may be subject, any transfer 
made under paragraph 13(1) is subject to paragraph 146.3(2)(e.1) 
or (e.2) of the federal Income Tax Act.
Remittance of securities
18   Where this LIRA holds identifiable and transferable 
investment securities, the transfers out referred to in this Part may, 
unless otherwise stipulated, at the option of the LIRA issuer and 
with the consent of the owner, be effected by the remittance of any 
such securities.
Part 3 
Death of Owner
Disposition of balance on death
19(1)  Within 60 days after the delivery to the LIRA issuer of the 
documents required by it following the death of the original owner 
with a surviving pension partner who has not executed the Form 3 
waiver, the LIRA balance will be transferred, subject to paragraph 
13, on that surviving pension partner's behalf to
	(a)	a LIRA,
	(b)	a LIF,
	(c)	an annuity that is not a minimum 60% joint life annuity, 
or
	(d)	a pension plan on a locked-in basis,
as that surviving pension partner chooses.
(2)  Within 60 days after the delivery to the LIRA issuer of the 
documents required by it following the death of the owner other 
than an owner referred to in subparagraph (1), the LIRA balance 
will be paid to the original owner's designated beneficiary or, if 
there is no valid designation of beneficiary, to the original owner's 
estate as a cash lump sum.
Part 4 
Withdrawal, Commutation and Surrender
YMPE based lump sum payment
21   The LIRA issuer will on application make a lump sum 
payment of the whole LIRA balance,
	(a)	at any time if the LIRA balance does not exceed 20% of 
the Year's Maximum Pensionable Earnings (YMPE) 
under the Canada Pension Plan for the year in which the 
application is made, or
	(b)	if the owner is at least 65 and the value of the LIRA 
does not exceed 40% of the YMPE for the year in which 
the application is made.
Non-residency for tax purposes
22   The LIRA issuer will make a lump sum payment of the entire 
LIRA balance if the owner applies to it with written evidence that 
the Canada Revenue Agency has confirmed that the owner is a 
non-resident for the purposes of the federal tax legislation and, 
where that owner is an original owner who has a pension partner at 
the time when the application is made, if such a pension partner 
has executed a Form 5 waiver.
Life threatening condition
23   The LIRA issuer will on application make a lump sum 
payment to the owner of the entire LIRA balance or an equivalent 
series of payments if a physician certifies that the owner has a 
terminal illness or that due to a disability the owner's life is likely 
to be considerably shortened, but the LIRA issuer may make the 
payment or payments, in the case of an original owner who has a 
pension partner at the time when the application for payment is 
made, only if such a pension partner has executed a Form 5 waiver.
Financial hardship
24   The LIRA issuer will make a lump sum payment or a series of 
payments, on application to the LIRA issuer by the owner, if the 
owner has previously applied to the Superintendent for a release of 
all or part of the money due to financial hardship and the 
Superintendent has given written consent to that application.
Part X.1 of federal tax legislation
25   The owner may withdraw from this LIRA such amount of 
money as is required to be paid to the owner to reduce the amount 
of tax otherwise payable under Part X.1 of the federal Income Tax 
Act.
Form 2 
(Section 40) 
 
Employment Pension Plans Act 
and Regulation (Alberta) 
 
Life Income Fund (Alberta LIF) Addendum
IMPORTANT NOTES: 	This addendum forms an integral part of 
the LIF to which it is attached.  The 
provisions of this addendum prevail over 
other provisions of the LIF in the event of 
any conflict or inconsistency.  The LIF 
(including this addendum) is also subject 
to section 40 of the Regulation and all 
other provisions of the Act and the 
Regulation (excluding this addendum) 
that apply to LIFs and in the event of any 
conflict or inconsistency, that other 
legislation prevails.  This addendum is 
only a general and abbreviated 
description of the legal rights and 
obligations relating to the LIF vehicle and 
as such may not necessarily reflect fully 
or accurately the rights and obligations in 
the legislation.  It should be noted that 
there are transitional arrangements in 
place covering mainly the period between 
August 2006 and the end of 2007, that are 
not necessarily reflected in this 
addendum, and that also affect 
relationships with LRIFs.
I,     (insert name of LIF owner)     , (in this addendum referred to as 
"the owner") certify that I am
?  the original owner* 
?  a surviving pension partner owner 
?  a non-member-pension partner owner 
as defined in paragraph 1 of this addendum. 
[Please tick the box that applies to you.]
With respect to Alberta locked-in money to which the LIF of 
which this addendum forms part applies, I, the owner, and we 
   (insert name of acknowledged financial institution underwriter or depositary 
of the LIF)   (in this addendum referred to as "the LIF issuer"), 
having signed the LIF agreement to which this addendum is 
attached, agree that the provisions set out in this addendum 
constitute fundamental terms of the contract between us and agree 
to comply with those provisions, subject to the above-mentioned 
legislation. 
*As the original owner (if applicable) I have identified in that 
agreement any pension partner, as defined in paragraph (1)(1)(n) 
below, that I have at the time when this LIF is issued.
Part 1 
General Provisions
Interpretation and requisites for LIF
1(1)  The following terms, used in this addendum, have the 
meanings respectively given them as indicated below, except 
where the context otherwise requires:
	(a)	"the Act" means the Employment Pension Plans Act of 
Alberta, "the Regulation" means the Employment 
Pension Plans Regulation (Alberta Regulation 35/2000) 
under that Act, and "EPPA/R" means either or both, as 
applicable, all as amended to the time as of which the 
legislation is being interpreted;
	(b)	"acknowledged" means, in relation to a financial 
institution, currently acknowledged under section 38 of 
the Regulation in relation to LIFs or LIRAs, as 
applicable;
	(c)	"Alberta locked-in money" means money in a 
pension plan, LIRA or LIF
	(i)	that
	(A)	originally belonged to a member who 
terminated membership in Alberta,
	(B)	belongs to a surviving pension partner 
of
	(I)	a member who died while 
employed in Alberta,
	(II)	a former member who terminated 
membership while employed in 
Alberta, or
	(III)	the original owner of a LIRA,
						or
	(C)	belongs to a non-member-pension 
partner owing to the application of Parts 
4 of the legislation and originally 
belonged to a member who was 
employed in Alberta at the end of the 
period of joint accrual referred to in 
section 57(a),
					and
	(ii)	with respect to which the locking-in requirements 
of the legislation are still required to be met;
	(d)	"annuity" means a non-commutable life annuity 
contract issued or to be issued by an insurance business 
licensed to do business in Canada that meets the 
conditions in paragraph 60(l) of the federal Income Tax 
Act and will not commence before the annuitant reaches 
50;
	(e)	"DC RIA" (an acronym for defined contribution 
retirement income account) means an account created 
under defined contribution provisions of a pension plan 
that covers the benefits referred to in section 46(8) of 
the Act and that exists to provide retirement income 
under section 46.1 of the Regulation;
	(f)	"DC RIA benefits" means the benefits referred to in 
clause (e);
	(g)	"financial institution" means the issuer of a LIF 
(including this one) or a LIRA, as the case may be and, 
where the context relates to an annuity, includes an 
insurance business referred to in clause (d);
	(h)	"Form", followed by a number, means the form in 
Schedule 1 to the Regulation corresponding to that 
number;
	(i)	"non-member-pension partner owner" means a pension 
partner who owns this LIF as a result of the application 
of the marriage breakdown/matrimonial property 
order/agreement rules in EPPA/R;
	(j)	"Option",
	(i)	followed by the numeral "1", means the option in 
Part 1 of Form 6 agreeing to the unlocking of up to 
50% of commuted value or the value of the vehicle 
account in question,
	(ii)	followed by the numeral "2", means the option in 
Part 1 of Form 6 giving up the right to receive the 
minimum 60% survivor payments, and
	(iii)	followed by the numeral "3", means the option in 
Part 2 of Form 6 giving up all rights as automatic 
designated beneficiary;
	(k)	"original owner" means the individual who was the 
member or former member of a pension plan and who 
made a transfer under section 30(5) or 38 of the Act or 
section 39, 40, 41 or 46.1 of the Regulation at any time, 
the assets deriving from which transfer are now held in 
this LIF;
	(l)	"owner" means the original owner, a surviving pension 
partner owner or a non-member-pension partner owner;
	(m)	"paragraph" and "Part" mean a paragraph and a Part, 
respectively, of this addendum;
	(n)	"pension partner" means, in relation to an original 
owner,
	(i)	a person who, at retirement income 
commencement, was married to that original 
owner and had not been living separate and apart 
from that original owner for 3 or more consecutive 
years, or
	(ii)	if there is no such married person, a person, if 
there is any, who, immediately preceding that time, 
had lived with that original owner in a conjugal 
relationship
	(A)	for a continuous period of at least 3 years, or
	(B)	of some permanence, if there was a child of 
the relationship by birth or adoption,
		but does not include any person who is not recognized 
as a spouse or common-law partner for the purposes of 
any provision of the federal income tax legislation 
respecting RRIFs;
	(o)	"retirement income commencement" means the time 
when the former member or original owner initially 
transferred the money from a pension plan or a LIRA to 
a LIF, a DC RIA or an LRIF (before its abolition);
	(p)	"surviving pension partner owner" means
	(i)	an individual who made a transfer of the money 
under section 39(6) of the Act, or
	(ii)	a surviving pension partner of the original owner.
(2)  Terms used in this addendum and not defined in subparagraph 
(1) but defined generally in EPPA/R have the meanings assigned to 
them in EPPA/R.
(3)  Reference in this addendum to the execution of a waiver also 
requires the provision of it to the applicable pension plan 
administrator or financial institution for it to be effective.
(4)  This addendum has no effect as a part of a RRIF or a LIF 
unless and until
	(a)	the owner is at least 50,
	(b)	this addendum is attached to the RRIF,
	(c)	the issuer has made reasonable efforts to ascertain 
whether or not the original owner has a pension partner 
at the time the LIF would be established and, if so, his 
or her identity,
	(d)	if there is such a pension partner, that institution has 
received an executed Option 2 of the Form 6 waiver, 
and
	(e)	that waiver has been attached to the RRIF,
and the waiver referred to in clause (e) becomes part of the LIF on 
its being attached to the RRIF.
(5)  The fiscal year of this LIF is the calendar year.
Voluntary disposition
2   In general, the owner may not assign or otherwise voluntarily 
dispose of this LIF or any rights or obligations under it to another 
person, but this is subject to the exceptions dealt with later.
Involuntary access
3(1)  The money in this LIF may not be seized, attached or 
otherwise taken by another person, except that the money is 
subject to the provisions of the Maintenance Enforcement Act and 
the marriage breakdown rules.
(2)  The exceptions referred to in subparagraph (1) will or may 
continue to apply if the money is transferred from this LIF to 
another financial vehicle.
General rule on early withdrawal, etc.
4   No early voluntary withdrawal, commutation or surrender of 
money in this LIF will be permitted except in accordance with Part 
5 or the transitional (temporary) maximum 50% unlocking option 
in Schedule 1.1 to the Regulation.
Locking in
5   Money that is not Alberta locked-in money will not be 
transferred to or continue to be held in this LIF.
Investment
6   The money in this LIF will be invested in a manner that 
complies with the rules for the investment of RRIF money 
contained in the federal income tax legislation.
Minimum retirement income provision
7   All the money in this LIF, including investment earnings, is to 
be used to provide or obtain retirement income or an annuity that is 
required or permitted by EPPA/R.
Splitting of contract
8   This LIF, if not eligible for the payment allowed by paragraph 
27, may not be split so as to change it into 2 or more LIFs, 
DC RIAs or annuities or any combination of them that would make 
any of them so eligible.
Disclosure statements
9   The LIF issuer will provide to the owner or, in the case of a 
deceased original owner, the designated beneficiary or estate, as 
the case may be,
	(a)	within 30 days after the beginning of each year, 
information on
	(i)	the amounts transferred into, the interest, gains and 
losses earned by, the payments made out of, and 
the fees charged against, this LIF during the 
previous year,
	(ii)	the LIF account balance at the end of the previous 
year,
	(iii)	the minimum amount that must be paid out of this 
LIF to the owner during the current year, and
	(iv)	the maximum amount that may be paid out during 
the current year, being the greatest of the amounts 
calculated in accordance with paragraph 20(1)(a), 
(b) and (c),
	(b)	if the owner makes a transfer specified in paragraph 11, 
a reconciliation of the LIF balance at the date of the 
transfer with the balance at the end of the immediately 
previous year, showing the amounts transferred into, the 
interest, gains and losses earned by, the payments made 
out of, and the fees charged against, this LIF in the 
intervening period, and
	(c)	where the owner receives a payment under Part 5 of this 
addendum, a reconciliation of the LIF balance at the 
date of payment with the balance at the end of the 
immediately previous year, showing the amounts 
transferred into, the interest, gains and losses earned by, 
the payments made out of, and the fees charged against, 
this LIF during the intervening period.
Part 2 
Transfers In and Transfers and Payments Out
Transfer-in requirements
10(1)  The LIF issuer
	(a)	warrants to the owner that it is, and will make every 
endeavour while this contract exists to remain, on the 
Superintendent's list of acknowledged financial 
institutions for LIFs, and
	(b)	will ensure that only Alberta locked-in money is 
transferred to this LIF.
(2)  A transfer to this LIF may be made only from a pension plan, 
another LIF, a LIRA or an LRIF.
Transfers to other vehicles
11   A transfer of money from this LIF is permitted, but only 
permitted,
	(a)	to another LIF,
	(b)	to a DC RIA, or
	(c)	to an insurance business to purchase an annuity that, in 
the case of an original owner who had a pension partner 
at retirement income commencement, designates that 
pension partner as the beneficiary of any death benefit 
provided by the annuity unless the original owner has 
provided to the LIF issuer an executed Option 3 of the 
Form 6 waiver.
Transfer-out requirements
12(1)  The LIF issuer will not transfer money from this LIF unless, 
to the extent applicable, it
	(a)	has ascertained that the transferee financial institution, 
if issuing a LIF, is on the Superintendent's 
acknowledgement list for LIFs,
	(b)	has ascertained that the transferee pension plan 
containing the DC RIA is registered under EPPA/R,
	(c)	has advised the transferee financial institution or 
pension plan administrator that the money being 
transferred is Alberta locked-in money,
	(d)	if the owner is an original owner who had a pension 
partner at retirement income commencement, provides 
the receiving financial institution or administrator with 
an executed Option 2 and, if applicable, Option 3 of the 
Form 6 waiver,
	(e)	if the transfer is to another LIF or to a DC RIA, 
provides that transferee with
	(i)	a copy of the information provided to the owner 
under paragraph 9(b), and
	(ii)	a copy of the decision made by the owner 
respecting the amount to be withdrawn during the 
current year.
	(f)	if the transfer is to an insurance business to purchase an 
annuity,
	(i)	has ensured that the vehicle is an annuity, and
	(ii)	if the owner is an original owner, provides to the 
insurance business a certified copy of an executed 
the Option 2 and, if applicable, the Option 3 of the 
Form 6 waiver,
and the LIF issuer will otherwise ensure that the EPPA/R rules on 
transfers out are obeyed.
Potential consequences of breach
13   If the LIF issuer disobeys any of the requirements in 
paragraph 12, it may have to fund the recipient vehicle (again if 
need be) to ensure that those entitled to the benefits of the recipient 
vehicle receive them in the form and manner required by EPPA/R.
General liability on payment out
14   If money is paid out to an individual person contrary to 
EPPA/R, the LIF issuer will ensure the provision of appropriate 
income to the owner, in accordance with EPPA/R, as if that 
legislation has not been breached.
Prohibition against double indemnity
15   Where the owner, as a result of EPPA/R, obtains, in effect, a 
double payment or a payment as well as a continuing interest in the 
LIF, the owner may be liable to repay amounts to which EPPA/R 
did not entitle him/her.
Federal tax legislation requirements
16   Without mention of other provisions of the federal tax 
legislation to which a transfer is or may be subject, any transfer 
made under paragraph 12 is subject to paragraph 146.3(2)(e.1) or 
(e.2) of the federal Income Tax Act.
Remittance of securities
17   Where this LIF holds identifiable and transferable investment 
securities, the transfers out referred to in this Part may, unless 
otherwise stipulated, at the option of the LIF issuer and with the 
consent of the owner, be effected by the remittance of any such 
securities.
Part 3 
Payment Calculations
Commencement of income payment
18   The owner will be paid an income that will commence not 
later than the last day of the year following the year in which the 
LIF was established.
Establishment and alteration of income pay-out
19(1)  Within 60 days after receipt of the information described in 
paragraph 9(a), the owner will establish and notify the LIF issuer 
in writing of the amount of income to be paid during the current 
year, except that if this LIF guarantees the rate of return of this LIF 
over a period that is greater than one year, then the owner may 
establish and notify, at the beginning of that period, the amount of 
income to be paid during any one or more of the years that end not 
later than the expiration of that period.
(2)  The owner may, at any time during a year, change the amount 
of income to be paid provided that the amount will always result, 
by the end of the year, in a payment or payments that are at least 
equal to the minimum amount required by the federal tax 
legislation and that do not exceed the maximum amount calculated 
in accordance with paragraph 20(1).
Maximum income pay-out
20(1)  Subject to subparagraph (2), the amount of income to be 
paid out during a year is not to exceed the greatest of
	(a)	M, with that symbol being calculated in accordance 
with the following formula:
M = C/F
where
	C	is the balance of the money in this LIF on the first 
day of the year, and
	F	is the value on January 1 of the year in which the 
calculation is made of a guaranteed amount of 
which the annual payment is $1 payable at the 
beginning of each year between that date and 
December 31 of the year during which the owner 
reaches the age of 85 years and calculated by using
	(i)	an interest rate of not more than 6% per year, 
or
	(ii)	for the first 15 years after the date of the 
valuation, an interest rate exceeding 6% per 
year if that rate does not exceed the interest 
rate obtained on long-term bonds issued by 
the Government of Canada for the month of 
November preceding the year of the 
valuation, as compiled by Statistics Canada 
and published in the Bank of Canada Review 
as CANSIM Series B-14013, and using an 
interest rate not exceeding 6% in subsequent 
years,
	(b)	the minimum amount required to be withdrawn in 
accordance with the federal tax legislation, and
	(c)	investment gains earned in the immediately previous 
year.
(2)  For the initial year of the payment out of income,
	(a)	the limit M is prorated in proportion to the number of 
months in the year in which this LIF was established 
divided by 12, with any part of an incomplete month 
counting as one month,
	(b)	the minimum amount to be paid, as referred to in 
subparagraph (1)(b), is set at zero, and
	(c)	investment gains referred to in subparagraph (1)(c) are 
6% of the fair market value of this LIF prorated, where 
applicable, in proportion to the number of months in the 
year for which this LIF was established divided by 12, 
with any part of an incomplete month counting as one 
month.
Continuation of income payments
21   Subject to paragraph 19(2), if the money in this LIF is 
transferred to another LIF or to a DC RIA, payments to the owner 
will continue in the same manner as the owner selected at the 
beginning of the year of the transfer.
Additional transfers in
22(1)  If, in any year, an additional transfer is made to this LIF and 
that additional transfer has never been under a LIF or a DC RIA 
before, an additional withdrawal is allowed in that year.
(2)  The additional withdrawal will be calculated in accordance 
with paragraph 20(1) and prorated in accordance with paragraph 
20(2) with respect to the amount that was transferred in.
Guarantee of rate of return over longer period
23   Where the exception in paragraph 19(1) applies, paragraphs 
20, 21 and 22 apply with such modification as the circumstances 
require to determine, at the date of the beginning of the first year of 
the interval, the amount of income to be paid out for each year in 
that interval.
Part 4 
Death of Owner
Deceased owners
25   Within 60 days after the delivery to the LIF issuer of the 
documents required by it following the death of the owner, the LIF 
balance will be paid
	(a)	if the deceased owner was the original owner with a 
surviving pension partner who had not executed the 
Option 3 of the Form 6 waiver, to that pension partner, 
or
	(b)	if the owner was someone other than that original 
owner, to the owner's designated beneficiary or, if there 
is no such designated beneficiary, the owner's estate.
Manner of payment
26   The money will be paid, under paragraph 25,
	(a)	as a cash lump sum, or
	(b)	subject to the federal tax legislation, in the case of a 
surviving pension partner and if that person so elects, to 
an RRSP or RRIF.
Part 5 
Withdrawal, Commutation and Surrender
YMPE based lump sum payment
27   The LIF issuer will on application make a lump sum payment 
of the whole LIF balance,
	(a)	at any time if the LIF balance does not exceed 20% of 
the Year's Maximum Pensionable Earnings (YMPE) 
under the Canada Pension Plan for the year in which the 
application is made, or
	(b)	if the owner is at least 65 and the value of the LIF does 
not exceed 40% of the YMPE for the year in which the 
application is made.
Non-residency for tax purposes
28   The LIF issuer will make a lump sum payment of the entire 
LIF balance if the owner applies to it with written evidence that the 
Canada Revenue Agency has confirmed that the owner is a 
non-resident for the purposes of the federal tax legislation and, 
where that owner is an original owner who has a pension partner at 
the time when the application is made, if such a pension partner 
has executed a Form 5 waiver.
Life threatening condition
29   The LIF issuer will on application make a lump sum payment 
to the owner of the entire LIF balance or an equivalent series of 
payments if a physician certifies that the owner has a terminal 
illness or that due to a disability the owner's life is likely to be 
considerably shortened, but the LIF issuer may make the payment 
or payments, in the case of an original owner who has a pension 
partner at the time when the application for payment is made, only 
if such a pension partner has executed a Form 5 waiver.
Financial hardship
30   The LIF issuer will make a lump sum payment or a series of 
payments, on application to the LIF issuer by the owner, if the 
owner has previously applied to the Superintendent for a release of 
all or part of the money due to financial hardship and the 
Superintendent has given written consent to that application.
Part X.1 of federal tax legislation
31   The owner may withdraw from this LIF such amount of 
money as is required to be paid to the owner to reduce the amount 
of tax otherwise payable under Part X.1 of the federal Income Tax 
Act.
Form 3 
(Section 39(5.1) of the Act and 
sections 39 and 43(1)) 
 
Employment Pension Plans Act and Regulation
[Note:  1.  In interpreting this waiver form, "pension" is to be taken 
as including an annuity or retirement income and "pension 
commencement" as including the commencement of the payment 
of an annuity or retirement income. 
 
2.  The Employment Pension Plans Regulation is Alberta 
Regulation 35/2000.]
Pension Partner Waiver of Pre-Pension 
Commencement Death Benefit 
under Pension Plan or LIRA
I,   (name)  , am a "pension partner" (as described below) of 
  (insert name of member/former member/original owner)   (in this 
waiver referred to as "the original plan member") who, at the time 
of my signing this waiver, is alive and has not commenced to 
receive a pension.  The original plan member earned benefits under 
  (name of pension plan)  , a pension plan regulated in accordance 
with the Employment Pension Plans Act and Regulation (in this 
waiver referred to as "the legislation").  The money representing 
those benefits* 
?  remains in that pension plan (pension or retirement income 
payments not yet having commenced), or 
?  was transferred from that plan and is now in a LIRA. 
[*  Please tick the box that applies to you.]
Being the original plan member's "pension partner" means that
	(a)	I am married to the original plan member and have not 
been living separate and apart from him or her for 3 or 
more consecutive years, or
	(b)	if paragraph (a) above does not apply to me and there is 
no other person to whom paragraph (a) applies, I have 
been living with the original plan member in a conjugal 
relationship for a continuous period of at least 3 years 
or, if there is a child of our relationship by birth or 
adoption, of some permanence.
I understand that if I do not execute this waiver and the original 
plan member dies before any form of pension is or commences to 
be paid (which time is in this waiver referred to as "pension 
commencement") and if I am a lawful pension partner of the 
deceased at his or her death, I am entitled to receive a pre-pension 
commencement death benefit under the legislation.  That benefit,
	(a)	if being paid from a pension plan, is the value of the 
benefit at death, and
	(b)	if being paid from a LIRA, is the value of the LIRA 
account at death.
I understand that if I give up my pension partner right to receive 
any pre-pension commencement death benefit by signing this 
waiver, payment of that benefit will be made either to
	(a)	a beneficiary (excluding myself) designated by the 
original plan member, or
	(b)	the deceased's estate.
Nevertheless, I give up my right to receive the pre-pension 
commencement death benefit payment otherwise required by the 
legislation. 
 
This waiver does not affect any rights that I could have arising as a 
result of any breakdown or potential breakdown in the relationship 
between the original plan member and myself.
I have chosen to sign this waiver and in so doing I give up my 
right to receive any pre-pension commencement death benefit 
payment and to any potential right that I may otherwise have 
under any designation of myself as beneficiary signed by the 
original plan member.
Certification
I certify that
	(a)	I have read this waiver and understand it or the potential 
results of my signing it,
	(b)	I have read the original plan member's most recent 
annual statement or a statement from the 
administrator/financial institution showing the balance 
in his or her account and know the approximate current 
value of the benefit I am giving up as a result of 
executing this waiver,
	(c)	I am signing this waiver of my own free will,
	(d)	the original plan member is not present while I am 
signing this waiver,
	(e)	I have obtained independent advice about the 
implications of signing this waiver,
	(f)	I realize that
	(i)	this waiver only gives a general description of the 
legal rights I have under the legislation, and
	(ii)	if I wish to understand exactly what my legal 
rights are, I must read the legislation applicable 
and, if necessary, consult a professional with 
pension expertise,
			and
	(g)	I understand that I have the right to cancel this waiver at 
any time before the original plan member dies or is paid 
or commences to be paid the benefit.
Dated at   (municipality)   in the Province/Territory of                  
this       day of   (month)  , 20 (year) .
  (signature of waiving pension partner)  
I,    (name of witness)   , of    (address of witness)    do witness the 
signature of the pension partner who signed this waiver before me 
outside of the presence of the original plan member.
  (signature of witness to signature of waiving pension partner)   
  (print full name of witness)  
Form 4 
(Section 40(4) and (4.2) of the Act and 43(2) and (3)) 
 
Employment Pension Plans Act and Regulation
[Note:  The Employment Pension Plans Regulation is Alberta 
Regulation 35/2000.]
Pension Partner Waiver of Post-Pension 
Commencement Benefits from a Defined 
Benefit Portion of a Pension Plan 
 
Part 1 
Waiver of Minimum 60% Joint Life Pension
I,   (name)  , am a "pension partner" (as described below) of 
  (insert name of member/former member)   (in this waiver form 
referred to as "the member") who, at the time of my signing 
anything in this Form, is alive and is about to commence to receive 
a pension.  The member earned benefits under defined benefit 
provisions of   (name of pension plan)  , a pension plan regulated 
in accordance with the Employment Pension Plans Act and 
Regulation (in this Form referred to as "the legislation").  The 
money representing those benefits remains in that pension plan.
Being the member's "pension partner" means that
	(a)	I am married to the member and have not been living 
separate and apart from him or her for 3 or more 
consecutive years, or
	(b)	if paragraph (a) above does not apply to me and there is 
no other person to whom paragraph (a) applies, I have 
been living with member in a conjugal relationship for a 
continuous period of at least 3 years or, if there is a 
child of our relationship by birth or adoption, of some 
permanence.
I understand that the legislation in general requires that the benefits 
earned under and paid from the pension plan must be paid as at 
least a 60% joint life pension.  This means that if the member starts 
to receive a pension and dies before I do, survivor payments equal 
to at least 60% of it will continue to me for my lifetime.
However, I understand that if I choose to sign this Part (Part 1) of 
this Form and it is filed with the administrator, I give up my rights 
to the minimum 60% joint life pension.  I further understand that 
my signing this Part 1 means that the member may choose a 
pension form that
	(a)	gives me a lower survivor benefit than the 60% joint life 
pension,
	(b)	provides a lump sum death benefit for which I will be 
the beneficiary unless I also waive my entitlement to it 
by executing Part 2 of this Form, or
	(c)	provides no death benefit at all.
Nevertheless, I give up my right to receive the minimum 60% joint 
life pension otherwise required by the legislation. 
 
This Part does not affect any rights that I could have arising as a 
result of any breakdown or potential breakdown in the relationship 
between the member and myself.
I have chosen to execute Part 1 of this Form and in so doing I 
give up my right to receive the 60% joint life pension.  By 
executing this Part 1 of the Form, I do not give up any 
potential right that I may otherwise have under any 
designation of myself as beneficiary signed by the member.
Certification as to Part 1
I certify that
	(a)	I have read Part 1 of this Form and understand it or the 
potential results of my signing it,
	(b)	I have read the member's retirement statement or a 
statement from the administrator showing the balance in 
his or her account and know the approximate current 
value of the benefit I am giving up as a result of 
executing this Part (Part 1) of this Form,
	(c)	I am signing Part 1 of my own free will,
	(d)	the member is not present while I am signing this Part,
	(e)	I have obtained independent advice about the 
implications of signing Part 1,
	(f)	I realize that
	(i)	Part 1 only gives a general description of the legal 
rights I have under the legislation relating to Part 
1, and
	(ii)	if I wish to understand exactly what my legal 
rights are, I must read the legislation applicable 
and, if necessary, consult a professional with 
pension expertise,
			and
	(g)	the information that I have given in this Part is true, to 
the best of my knowledge, at the time when I sign this 
Part but, if any of that information changes before the 
member dies or receives or commences to receive the 
benefit, whichever happens first, I undertake that I will 
immediately notify the administrator of that change.
Dated at   (municipality)   in the Province/Territory of                  
this       day of   (month)  , 20 (year) . 
 
  (signature of waiving pension partner)  
I,   (name of witness)  , of   (address of witness)   do witness the 
signature of the pension partner who signed this Part (Part 1) of 
this Form before me outside of the presence of the member.
  (signature of witness to signature of waiving pension partner)   
          (print full name of witness)          
Part 2 
Waiver of Sole Designated Beneficiary Rights
[NOTE:  Before signing this Part, please consider all of the 
following:
?  If you have signed Part 1 of this Form above, you may, but do 
not have to, sign this Part (Part 2). 
?  You may not sign Part 2 unless you have signed Part 1. 
?  You may not sign Part 2 if the original plan member has 
selected any joint life form of pension. 
?  You do not have to sign Part 2 at the same time as you sign Part 
1, but may do it at any time before the member dies. 
?  If you have previously signed Part 2, you may cancel it at any 
time before the member dies.]
I am and was, at the time of pension commencement a "pension 
partner", as defined in Part 1 above, of the member referred to in 
Part 1.
The money representing the residual benefit referred to in the next 
paragraph remains in the pension plan referred to in Part 1.
I understand that, although I have given up my rights to the 
minimum 60% joint life pension by signing Part 1 above, the 
legislation makes me the automatic sole designated beneficiary of 
the member, meaning that I would receive any residual benefit 
from the plan on the member's death unless I sign the waiver in 
this Part (Part 2).
Nevertheless, in addition to giving up my right to the minimum 
60% joint life pension (as I have done in Part 1), I also give up all 
my rights as such automatic designated beneficiary and, as a result, 
all other benefits or entitlements that I have or may have under the 
plan.
This Part does not affect any rights that I could have arising as a 
result of any breakdown or potential breakdown in the relationship 
between the member and myself.
I have chosen to execute Part 2 of this Form and in so doing I 
give up my entitlement to be the sole designated beneficiary 
with respect to any death benefit payable from the plan.
Certification as to Part 2
I certify that
	(a)	I have read Part 2 of this Form and understand it or the 
potential results of my executing it,
	(b)	I have read the member's retirement statement or a 
statement from the administrator showing the balance in 
his or her account and know the approximate current 
value of the benefit I am giving up as a result of 
executing this Part (Part 2) of this Form,
	(c)	I am signing Part 2 of my own free will,
	(d)	the member is not present while I am signing this Part,
	(e)	I have obtained independent advice about the 
implications of signing Part 2,
	(f)	I realize that
	(i)	Part 2 only gives a general description of the legal 
rights I have under the legislation relating to Part 
2, and
	(ii)	if I wish to understand exactly what my legal 
rights are, I must read the legislation applicable 
and, if necessary, consult a professional with 
pension expertise,
	(g)	the information that I have given in this Part is true, to 
the best of my knowledge, at the time when I sign this 
Part but, if any of that information changes before the 
member dies or receives or commences to receive the 
benefit, whichever happens first, I undertake that I will 
immediately notify the administrator of that change, and
	(h)	I understand that I have the right to cancel this waiver I 
have signed in this Part (Part 2) at any time before the 
member dies.
Dated at   (municipality)   in the Province/Territory of                  
this       day of   (month)  , 20 (year) .
  (signature of waiving pension partner)  
I,   (name of witness)  , of   (address of witness)   do witness the 
signature of the pension partner who signed this Part (Part 2) of 
this Form before me outside of the presence of the member.
  (signature of witness to signature of waiving pension partner)   
  (print full name of witness)  
Form 5 
(Section 46(5) of the Act and sections 32(1.1), 
39(23), 40(26), 41(6) and 43(4)) 
 
Employment Pension Plans Act and Regulation
[Note:  1.  In interpreting this waiver form, "pension" is to be taken 
as including an annuity or retirement income and "pension 
commencement" as including the commencement of the payment 
of an annuity or retirement income. 
 
2.  The Employment Pension Plans Regulation is Alberta 
Regulation 35/2000.]
Pension Partner Waiver to Permit 
Commutation due to Shortened Life or 
Taking Non-residency Status
I,    (name)  , am a "pension partner" (as described below) of 
  (insert name of member/former member/original owner)   (in this 
waiver referred to as "the original plan member") who, at the time 
of my signing this waiver, is alive.  The original plan member 
earned benefits under   (name of pension plan)  , a pension plan 
regulated in accordance with the Employment Pension Plans Act 
and Regulation (in this waiver referred to as "the legislation").  
The money respecting those benefits*
?  remains in that pension plan, or 
was transferred from that plan and is now in 
?  a LIRA, or 
?  a LIF.  
[*  Please tick the box that applies to you.]
Being the original plan member's "pension partner" means that
	(a)	I am married to the original plan member and have not 
been living separate and apart from him or her for 3 or 
more consecutive years, or
	(b)	if paragraph (a) above does not apply to me and there is 
no other person to whom paragraph (a) applies, I have 
been living with the original plan member in a conjugal 
relationship for a continuous period of at least 3 years 
or, if there is a child of our relationship by birth or 
adoption, of some permanence.
I understand that, as a pension partner of the original plan member, 
I am
	(a)	if the original plan member dies before pension 
commencement, entitled to receive the amount then 
held for his or her benefit in the pension plan or LIRA, 
as the case may be, unless I have previously given up 
that entitlement under the waiver in Form 3 in the 
Employment Pension Plans Regulation,
	(b)	if the original plan member dies after pension 
commencement, the beneficiary of a 60% joint life 
pension unless I have previously given up that 
entitlement under the waiver in Part 1 of Form 4 or 
Option 2 of the Form 6 waiver, as applicable, in the 
Employment Pension Plans Regulation, and
	(c)	even if I sign the Part 1 of the Form 4 waiver or the 
Option 2 waiver noted in paragraph (b) above, entitled 
to continue to be the beneficiary of any residual benefit 
from the pension plan unless I also sign Part 2 of that 
Form 4 or the Option 3 of the Form 6 waiver, as 
applicable.
I further understand that if I choose to sign this waiver and it is 
filed with the administrator/financial institution, I give up all 
entitlement to any benefit, as described in the preceding paragraph, 
from the pension plan, LIRA or LIF, as the case may be.
Nevertheless, I give up my right to receive the benefit otherwise 
required by the legislation. 
 
This waiver does not affect any rights that I could have arising as a 
result of any breakdown or potential breakdown in the relationship 
between the original plan member and myself.
I have chosen to sign this waiver and in so doing I give up any 
and all of my entitlement to any death benefit payment.
Certification
I certify that
	(a)	I have read this waiver and understand it or the potential 
results of my signing it,
	(b)	I have read the original plan member's most recent 
annual statement or a statement from the 
administrator/financial institution showing the balance 
in his or her account and know the approximate current 
value of the benefit I am giving up as a result of signing 
this waiver,
	(c)	I am signing this waiver of my own free will,
	(d)	the original plan member is not present while I am 
signing this waiver,
	(e)	I have obtained independent advice about the 
implications of signing this waiver,
	(f)	I realize that
	(i)	this waiver only gives a general description of the 
legal rights I have under the legislation, and
	(ii)	if I wish to understand exactly what my legal 
rights are, I must read the legislation applicable 
and, if necessary, consult a professional with 
pension expertise,
			and
	(g)	the information that I have given in this waiver is true, 
to the best of my knowledge, at the time when I sign 
this waiver but, if any of that information changes 
before the original plan member makes the election to 
commute his or her pension or part of it or dies, 
whichever happens first, I undertake that I will 
immediately notify the administrator or financial 
institution of that change.
Dated at   (municipality)   in the Province/Territory of                  
this       day of   (month)  , 20 (year) . 
 
  (signature of waiving pension partner)  
I,   (name of witness)  , of   (address of witness)   do witness the 
signature of the pension partner who signed this waiver before me 
outside of the presence of the original plan member.
  (signature of witness to signature of waiving pension partner)   
  (print full name of witness)  
Form 6 
(Sections 39, 40, 41, 43(2) and (3) and 46.1) 
 
Employment Pension Plans Act and Regulation
[Note:  1.  In interpreting this Form, "pension" is to be taken as 
including an annuity or retirement income and "pension 
commencement" as including the commencement of the payment 
of an annuity or retirement income. 
 
2.  The Employment Pension Plans Regulation is Alberta 
Regulation 35/2000.]
Pension Partner Waiver on 
Transfer to a LIF, DC RIA or Annuity 
 
Part 1 
Waiver of Up to 50% Unlocking, Minimum 60% 
Joint Life Pension/Retirement Income
I,   (name)  , am a "pension partner" (as described below) of 
  (insert name of member/former member/original owner)   (in this 
waiver form referred to as "the original plan member") who, at the 
time of my signing anything in this Form, is alive and is about to 
transfer money, as mentioned below.
Being the original plan member's "pension partner" means that
	(a)	I am married to the original plan member and have not 
been living separate and apart from him or her for 3 or 
more consecutive years, or
	(b)	if paragraph (a) above does not apply to me and there is 
no other person to whom paragraph (a) applies, I have 
been living with the original plan member in a conjugal 
relationship for a continuous period of at least 3 years 
or, if there is a child of our relationship by birth or 
adoption, of some permanence.
The original plan member earned benefits under   (name of pension 
plan)  , a pension plan regulated in accordance with the 
Employment Pension Plans Act and Regulation (in this Form 
referred to as "the legislation").  The money representing those 
benefits*
?  remains in the pension plan, or
?  was transferred from that plan and is now in a LIRA, 
and is about to be transferred to 
?  a LIF, 
?  a DC RIA, or 
?  an annuity.
[*  Please tick the box that applies to you.]
I understand that the legislation requires that
	(a)	in general, all of the money in the pension plan or LIRA 
account must be used to purchase a pension, and
	(b)	 the pension must be paid in the form of a joint life 
pension with at least a 60% survivor pension from the 
pension plan or through the purchase of an annuity in 
that form from an insurance business, which means that 
if the original plan member starts to receive a pension 
and dies before I do, survivor payments equal to at least 
60% of the original payments will continue to me for 
my lifetime.
I further understand that if I agree to give up my rights under the 
legislation by signing this waiver under this Part (Part 1), the 
legislation permits the original owner
	(a)	to unlock up to 50% of the money in the pension plan or 
LIRA account and to receive that unlocked money in 
cash or as a transfer to an RRSP or RRIF, in which case 
I may receive no benefit from that money, and
	(b)	to choose a form of pension that would no longer 
guarantee that I will receive the minimum 60% survivor 
payments on the death of the original plan member.
Understanding this, by exercising 
Option 1, 
?  I agree to the unlocking of up to 50% of the pension/LIRA 
account money, and
Option 2, 
?  I give up my right to receive the minimum 60% survivor 
pension or annuity that the legislation otherwise requires to be paid 
to me.
(Please tick one or both or neither of the boxes, according to your 
intentions.  If you tick a box, this indicates that you wish to give up 
that right.  Part 1 must be completed as a whole at one time, at the 
time when the LIF is first purchased.  You may not exercise one 
Option in this Part at one time and the other at a later time.)
This waiver form does not affect any rights that I could have 
arising as a result of any breakdown or potential breakdown in the 
relationship between the original plan member and myself.
I have chosen to execute this waiver form and in so doing I give 
up the right(s) that I have checked off above.
Certification as to Part 1
I certify that
	(a)	I have read this Form and understand it or the potential 
results of my signing it,
	(b)	I have read the original plan member's retirement 
statement or a statement from the 
administrator/financial institution showing the balance 
in his or her account and know the approximate current 
value of the benefit I am giving up as a result of 
executing this Form,
	(c)	I am signing this Form of my own free will,
	(d)	the original plan member is not present while I am 
signing this Form,
	(e)	I have obtained independent advice about the 
implications of waiving each of the items listed in this 
Form,
	(f)	I realize that
	(i)	this Form only gives a general description of the 
legal rights I have under the legislation, and
	(ii)	if I wish to understand exactly what my legal 
rights are, I must read the legislation applicable 
and, if necessary, consult a professional with 
pension expertise,
			and
	(g)	the information that I have given is true, to the best of 
my knowledge, at the time when I sign this Form but, if 
any of that information changes before the original plan 
member dies or receives or commences to receive the 
benefit, whichever happens first, I undertake that I will 
immediately notify the administrator or financial 
institution of that change.
Dated at   (municipality)   in the Province/Territory of                  
this       day of   (month)  , 20 (year) . 
 
  (signature of waiving pension partner)  
I,   (name of witness)  , of   (address of witness)   do witness the 
signature of the pension partner who signed this waiver before me 
outside of the presence of the original plan member.
  (signature of witness to signature of waiving pension partner)   
  (print full name of witness)  
Part 2 
Waiver of Sole Designated Beneficiary Rights
[NOTE:  Before signing this Part, please consider all of the 
following: 
?  If you have signed Part 1 of this Form above, you may, but do 
not have to, sign this Part (Part 2). 
?  You may not sign Part 2 unless you have signed Part 1. 
?  You may not sign Part 2 if the original plan member has 
selected any joint life form of pension. 
?  You do not have to sign Part 2 at the same time as you sign Part 
1, but may do it at any time before the member dies. 
?  If you have previously signed Part 2, you may cancel it at any 
time before the member dies.]
I am and was, at pension or retirement income commencement a 
"pension partner", as defined in Part 1 above, of the member 
referred to in Part 1.
The money representing the residual benefit referred to in the next 
paragraph remains in the pension plan referred to in Part 1 or was 
transferred as mentioned in that Part.
I understand that, although I have given up my rights to the 
minimum 60% joint life pension by executing Part 1 above, the 
legislation makes me the automatic sole designated beneficiary of 
the original plan member, meaning that I would receive any 
residual benefit from the plan, LIRA, LIF, DC RIA or annuity (as 
the case may be) on the member's death unless I sign the waiver in 
this Part (Part 2).
Option 3 
Nevertheless, in addition to giving up my right to the minimum 
60% joint life pension (as I have done in Part 1), I also, by 
exercising Option 3, give up all my rights as such automatic 
designated beneficiary and, as a result, all other benefits or 
entitlements that I have or may have under the plan.
This Part does not affect any rights that I could have arising as a 
result of any breakdown or potential breakdown in the relationship 
between the member and myself.
I have chosen to execute Part 2 of this Form and in so doing I 
give up my entitlement to be the sole designated beneficiary 
with respect to any death benefit payable from the plan.
Certification as to Part 2
I certify that
	(a)	I have read Part 2 of this Form and understand it or the 
potential results of my executing it,
	(b)	I have read the member's retirement statement or a 
statement from the administrator showing the balance in 
his or her account and know the approximate current 
value of the benefit I am giving up as a result of 
executing this Part (Part 2) of this Form,
	(c)	I am signing Part 2 of my own free will,
	(d)	the member is not present while I am signing this Part,
	(e)	I have obtained independent advice about the 
implications of signing Part 2,
	(f)	I realize that
	(i)	Part 2 only gives a general description of the legal 
rights I have under the legislation relating to Part 
2, and
	(ii)	if I wish to understand exactly what my legal 
rights are, I must read the legislation applicable 
and, if necessary, consult a professional with 
pension expertise,
	(g)	the information that I have given in this Part is true, to 
the best of my knowledge, at the time when I sign this 
Part but, if any of that information changes before the 
member dies or receives or commences to receive the 
benefit, whichever happens first, I undertake that I will 
immediately notify the administrator of that change, and
	(h)	I understand that I have the right to cancel this waiver I 
have signed in this Part (Part 2) at any time before the 
member dies.
Dated at   (municipality)   in the Province/Territory of                  
this       day of   (month)  , 20 (year) .
  (signature of waiving pension partner)  
I,   (name of witness)  , of   (address of witness)   do witness the 
signature of the pension partner who signed this Part (Part 2) of 
this Form before me outside of the presence of the member.
  (signature of witness to signature of waiving pension partner)   
  (print full name of witness)  
Schedule 1.1 
(Section 68(6)) 
Up to 50% Unlocking Option
Interpretation
1   In this Schedule,
	(a)	"eligible person" means a person who is eligible under 
section 3 to unlock;
	(b)	"unlock" means exercise the unlocking election;
	(c)	"unlocking election" means an election to withdraw 
money pursuant to section 2;
	(d)	"vehicle" means
	(i)	the non-DC RIA portion of a plan, to the extent 
that it permits portability to a LIF, DC RIA or 
annuity,
	(ii)	a LIRA,
	(iii)	a LIF, or
	(iv)	an LRIF.
Rights to unlock
2(1)  A vehicle must provide that an eligible person is entitled to 
elect to withdraw from the vehicle such amount, not exceeding 
50% of the vehicle's commuted value or the value of that person's 
vehicle account as the case may be, as is specified in the unlocking 
election, in the circumstances prescribed in provisions of this 
Regulation outside this Schedule.
(2)  Notwithstanding subsection (1), if an eligible person who is a 
former member or original owner has a pension partner when the 
unlocking election is exercised, that person is not entitled to 
withdraw the money, and the administrator or financial institution 
shall not allow the withdrawal, unless the pension partner has 
exercised Option 1.
(3)  Rights purportedly given by any other provisions referred to in 
subsection (1) are subject to any restrictions on those rights 
contained in this Schedule.
Eligible persons
3(1)  Subject to sections 2(2) and 4, a person is eligible to unlock if 
and only if that person has attained the age of 50 years and
	(a)	where the vehicle is the non-DC RIA portion of a plan, 
that person is entitled to elect and has elected to transfer 
money to a LIF, annuity or DC RIA, and
	(i)	is a former member,
	(ii)	is a surviving pension partner of a deceased 
member or former member who died prior to 
pension commencement, or
	(iii)	is a pension partner of a member or former 
member to whom Parts 4 of the legislation apply, 
where the period of joint accrual referred to in 
section 57(a) of this Regulation ended before that 
election to transfer money,
		and who is entitled to elect and has elected to transfer 
the money to a LIF or an annuity, if the plan so permits, 
or to a DC RIA,
	(b)	where the vehicle is a LIRA, is an original owner or a 
surviving pension partner or a non-member-pension 
partner who is entitled to make and is making an 
election to commence to receive retirement income or 
an annuity, or
	(c)	in the case of a LIF or LRIF, is an original owner or a 
surviving pension partner or a non-member-pension 
partner owner.
(2)  Notwithstanding anything in subsection (1), unlocking may not 
be effected where pension commencement or retirement income 
commencement has already taken place before the unlocking 
election except with respect to LIFs and LRIFs that were 
established before the commencement of this subsection.
Making of unlocking election
4   An unlocking election may only be exercised in writing
	(a)	in the case of the non-DC RIA portion of a plan, at the 
time when the eligible person elects to transfer money 
as mentioned in section 3(1)(a),
	(b)	in the case of a LIRA, at the time when the eligible 
person elects to commence to receive retirement 
income, or
	(c)	in the case of a LIF or LRIF, at any time before 2008.
Manner of payment
5   Payment of the money withdrawn is to be in the form of
	(a)	cash,
	(b)	a transfer to an RRSP, or
	(c)	a transfer to a RRIF,
at the option of the eligible person.
Chronology and irrevocability of elections
6(1)  Where an eligible person elects to exercise the 50% 
unlocking option, the money withdrawn must be paid before any 
transfer of the remaining money not being withdrawn is made.
(2)  Elections referred to in section 4(a) and (b) and unlocking 
elections must be made in writing and, once made and the 
unlocked money paid out, are irrevocable.
Deemed incorporation in vehicle
7   A vehicle is deemed to make the provisions provided for in this 
Schedule whether it actually does so or not, and those provisions 
prevail against any other provisions in the vehicle to the contrary.
Record keeping, reporting and provision of waiver copies
8(1)  Where the vehicle is a LIF or an LRIF, the financial 
institution effecting an unlocking shall
	(a)	keep a full record of the unlocking,
	(b)	provide the financial institution to whom the transfer of 
locked-in money is made with full written details of the 
unlocking, and
	(c)	if the unlocking involves a waiver referred to in section 
2(2), provide the transferee financial institution with a 
certified copy of that waiver.
(2)  A transferee financial institution referred to in subsection (1) 
shall keep a written record of the unlocking or a copy of the 
waiver, as the case may be and shall not offer the 50% unlocking 
option.
LRIF recording of withdrawals
9   If the owner of an LRIF elects to exercise the 50% unlocking 
option, the amount that may be withdrawn is based on the balance 
in the LRIF immediately before the 50% unlocking election is 
made, and where that option is exercised, the LRIF institution 
within the meaning of section 41(4) shall record the withdrawal 
and advise the transferee financial institution that the withdrawal 
was made before transferring money to it.
Transitional
10   Notwithstanding section 2, all vehicles are deemed, from the 
commencement of this Schedule until the end of 2007, to contain 
the provisions required by that section, whether they are so 
contained or not.

63   Schedules 2 and 3 are repealed and the following is 
substituted:
Schedule 2 
(Section 38(2))
Application for Inclusion on the List 
of Acknowledged Financial Institutions
I hereby apply to have the following financial institution, on its 
behalf and on the basis of this application (including the 
certification below), acknowledged under section 38 of the 
Employment Pension Plans Regulation and placed on the 
Superintendent's list of financial institutions to issue and 
administer 
?  Locked-in Retirement Accounts (LIRAs), and/or 
?  Life Income Funds (LIFs). 
[Check one or both, as applicable.]
Financial Institution Information
	1	                (name of financial institution)  	
	2	            (name of authorized signing officer)	
	3	             (title of authorized signing officer)_	
	4	                       (mailing address)	
	5	     (telephone number)                          (fax number)	
	6	                        (e-mail address)  	
Certification
I hereby certify that
	(a)	an addendum in the exact wording prescribed in Form 
1/Form 2 (as applicable) of Schedule 1 to the 
Employment Pension Plans Regulation (with the 
appropriate box ticked by the owner) will form a part of 
every LIRA/LIF issued by that financial institution, 
regardless of when it was issued,
	(b)	a copy of the addendum will be given to each LIRA/LIF 
owner in accordance with the legislation,
	(c)	each addendum will be amended as and when the 
prescribed form for that addendum is legislatively 
amended and a copy of the amended addendum or the 
amendments given to all affected LIRA/LIF owners,
	(d)	the money held in the LIRA/LIF will be administered in 
accordance with the legislation, and
	(e)	in the case of a LIF issued to an original owner and if 
applicable, the part of the LIF to which the addendum is 
attached identifies any pension partner, as required by 
the asterisked part near the beginning of the addendum.
  (signature of authorized signing officer)      	      (date)      

64   Schedule 4 is amended
	(a)	by striking out "(Section 41.1)" and substituting 
"(Sections 41.1 and 46.2)";
	(b)	in section 1(1)
	(i)	in clause (j) by striking out "39(2), 40(2) or 41(2)" 
and substituting "2(1)(p.1)";
	(ii)	in clause (k) by adding ", at the time of the 
application" after "any";
	(iii)	in clause (m) by striking out ", LRIF";
	(c)	in section 3
	(i)	by adding the following after subsection (1):
(1.1)  Only 2 applications may be made in any period of 
12 months.
	(ii)	in subsection (5) by striking out ", LIF or LRIF" 
and substituting "or LIF";
	(d)	in section 5(1)(g) by striking out "Customs and";
	(e)	in section 5(7)(d) by striking out "Child Welfare Act" 
and substituting "Child, Youth and Family Enhancement 
Act".

65   Sections 24, 42, 56(2)(b), 57(b), 58, 59, 60 and 67(9) are 
amended by striking out "member-pension-partner", 
"non-member-pension-partner", "non-member-pension-partner's", 
"member-pension-partner's" and "non-member-pension-partners" 
wherever they occur and substituting "member-pension 
partner", "non-member-pension partner", "non-member-pension 
partner's", "member-pension partner's" and "non-member-pension 
partners" respectively.

66(1)  The Regulation as amended by the Employment 
Pension Plans (General, 2006) Amendment Regulation is 
amended by this section.
(2)  Section 40(11) is amended
	(a)	by striking out ", a LIRA or an LRIF" and substituting 
"or a LIRA";
	(b)	by striking out "41,".
(3)  Sections 4 of Forms 1 and 2 in Schedule 1 are amended 
by striking out "or the transitional (temporary) maximum 50% 
unlocking option in Schedule 1.1 to the Regulation".
(4)  Subject to the continuing liabilities of the financial 
institution imposed, and the continuing rights of the 
Superintendent given, by sections 41 and 73.2, those 
sections are repealed at the end of the last transition 
period, within the meaning of section 41(4) and 73.2(2) 
respectively, applicable to the financial institution.
(5)  Paragraph 10(2) of Form 2 is amended by striking out 
", a LIRA or an LRIF" and substituting "or a LIRA."
(6)  Schedule 1.1 is amended
	(a)	in section 1(d) by adding "or" at the end of 
subclause (i) and repealing subclauses (iii) and (iv);
	(b)	in section 3(1) by adding "or" at the end of clause 
(a), striking out ", or" at the end of clause (b) and 
repealing clause (c);
	(c)	in section 3(2) by striking out "except with respect to 
LIFs and LRIFs that were established before the 
commencement of this subsection.";
	(d)	in section 4 by adding "or" at the end of clause (a), 
striking out ", or" at the end of clause (b) and 
repealing clause (c);
	(e)	by repealing sections 8, 9 and 10.

67   The Employment Pension Plans Act is amended by 
adding the following after section 19(3):
(4)  Notwithstanding subsection (3), the Superintendent may refuse 
to register a plan that is not registered under the tax Act.

68(1)  Section 66(1) of the Employment Pension Plans 
Amendment Regulation (AR 245/2003) is amended by 
adding "(excluding clause (b))" after "(2)".
(2)  Section 66(2) of the Employment Pension Plans 
Amendment Regulation (AR 245/2003) is amended by 
striking out "64(2) (excluding clause (a))" and substituting 
"64(2)(b)".

69(1)  Section 58(b), to the extent that it incorporates 
section 68(6), and section 62, to the extent that it inserts 
Schedule 1.1 and Form 6 (to the extent that it relates to 
Option 1) into the principal Regulation, and provisions 
relying on the operation of Schedule 1.1 and those portions 
of Form 6, come into force on November 1, 2006.
(2)  Section 61, to the extent that it inserts a new section 
1(1) of Schedule 0.2 into the principal Regulation, is 
deemed to have come into force on January 1, 1997 to the 
extent that it relates to the City of Calgary Firefighters 
Supplementary Pension Plan.
(3)  Section 66(2) and (5) come into force at the time 
referred to in section 66(4) as it applies in respect of section 
41 of the principal Regulation.
(4)  Section 66(3) and (6) come into force at the end of 2007.
(5)  Section 68 is deemed to have come into force on 
December 30, 2002.


--------------------------------
Alberta Regulation 198/2006
Cooperatives Act
COOPERATIVES AMENDMENT REGULATION
Filed: August 11, 2006
For information only:   Made by the Minister of Government Services 
(M.O. C:013/2006) on August 8, 2006 pursuant to section 352 of the Cooperatives 
Act. 
1   The Cooperatives Regulation (AR 55/2002) is amended 
by this Regulation.

2   Section 51 is amended by striking out "2007" and 
substituting "2010".


--------------------------------
Alberta Regulation 199/2006
Debtors' Assistance Act
DEBTORS' ASSISTANCE AMENDMENT REGULATION
Filed: August 11, 2006
For information only:   Made by the Minister of Government Services 
(M.O. C:014/2006) on August 8, 2006 pursuant to section 14(1) of the Debtors' 
Assistance Act. 
1   The Debtors' Assistance Regulation (AR 200/2001) is 
amended by this Regulation.

2   Section 8 is amended by striking out "2006" and 
substituting "2008".


--------------------------------
Alberta Regulation 200/2006
Alberta Housing Act
SOCIAL HOUSING ACCOMMODATION  AMENDMENT REGULATION
Filed: August 11, 2006
For information only:   Made by the Minister of Seniors and Community Supports 
(M.O. 020/2006) on August 2, 2006 pursuant to section 34(1)(i) of the Alberta 
Housing Act. 
1   The Social Housing Accommodation Regulation 
(AR 244/94) is amended by this Regulation.

2   Section 1 is amended
	(a)	by repealing subsection (1)(n) and substituting the 
following:
	(n)	"total annual income" means
	(i)	in the case of a household other than a senior 
household, the total gross income, including 
self-employment income from all sources of all 
members of the household 15 years of age or older, 
except income of a live-in aide, and
	(ii)	in the case of a senior household, the total income 
of all members of the senior household, each of 
whose income is
	(A)	the total income shown on line 150 of the 
Notice of Assessment in respect of the 
income tax return filed by the member under 
the Income Tax Act (Canada) for the 
immediately preceding taxation year, or
	(B)	if a Notice of Assessment is not available for 
the immediately preceding taxation year, the 
amount that is determined and verified by the 
management body using the same income 
information that would have been used by the 
member to report total income on line 150 of 
an income tax return for the immediately 
preceding taxation year
		but does not include a payment or refund directly or 
indirectly from the Government of Alberta or the 
Government of Canada designated by the Minister as a 
payment or refund to which this clause applies.
	(b)	by repealing subsection (3)(q).


--------------------------------
Alberta Regulation 201/2006
Marketing of Agricultural Products Act
EGG PRODUCTION AND MARKETING AMENDMENT REGULATION
Filed: August 14, 2006
For information only:   Made by the Alberta Egg Producers Board on August 9, 2006 
pursuant to sections 26 and 27 of the Marketing of Agricultural Products Act. 
1   The Egg Production and Marketing Regulation 
(AR 293/97) is amended by this Regulation.

2   Section 10.1 is amended by striking out "24.4" and 
substituting "24.99".

THE ALBERTA GAZETTE, PART II, AUGUST 31, 2006