Androcan Inc. Senior Officer's Pension Plan - November 7, 2006

IN THE MATTER OF the Pension Benefits Act, R.S.O. 1990, c. P.8 (PBA);

AND IN THE MATTER OF a Proposal by the Superintendent of Financial Services to make an Order under section 78(1) of the PBA consenting to a payment out of the Androcan Inc. Senior Officer’s Pension Plan, Registration Number 0577635.

TO:

Androcan Inc.
50 Bartor Road
Weston, ON M9M 2G5

Attention: Fred Ross
Vice-President

Applicant and Employer

 

CONSENT

On or about August 15, 2006 the Superintendent of Financial Services caused to be served on Androcan Inc. a Notice of Proposal dated August 15, 2006 to consent, pursuant to section 78(1) of the PBA, to payment out of the Androcan Inc. Senior Officer’s Pension Plan, Registration No.0577635, to Androcan Inc. in the amount of $39,094 as at December 31, 2004 plus interest and adjustments to the actual date of payment.

No Notice requiring a hearing was delivered to the Financial Services Tribunal by the Applicant or any other party within the time prescribed by section 89(6) of the PBA.

THE SUPERINTENDENT OF FINANCIAL SERVICES THEREFORE CONSENTS to the payment out of the Androcan Inc. Senior Officer’s Pension Plan, Registration Number 0577635, to Androcan Inc. in the amount of $39,094 as at December 31, 2004 plus interest and adjustments to the actual date of payment.

DATED at Toronto, Ontario, this 7th day of November, 2006

 

 

Tom Golfetto,
Director, Pension Plans Branch
by Delegated Authority from
the Superintendent of Financial Services
Copy: Robert C. Coyle, The Standard Life Assurance Company of Canada


 
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