Market Enhancement Recovery Fund Distribution Regulation

 


 
 
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Filing Disclosure Report with the Board


| O.C. 57/2009 |

Pursuant to sections 2 and 3 of the Market Enhancement Recovery Fund Distribution Regulation (O.C. 57/2009), trade unions and trustees required to file a disclosure report with the Board must include the following information:

(a) the name of the trade union and a contact person for the trade union;

(b) the name and position of the person who completed the disclosure report;

(c) the name of the market enhancement recovery fund;

(d) copies of any collective agreement, trust agreement, contract or other agreement that contain provisions respecting contributions to, or the winding-up of, the market enhancement recovery fund;

(e) the names of the trustees of the market enhancement recovery fund or any other persons who have control of the fund;

(f) whether any contributions to the market enhancement recovery fund were made in compliance with section 148.1 of the Act;

(g) the value of the market enhancement recovery fund as of the date on which the disclosure report was completed;

(h) any other details or documents required by the Board;

(i)  a statutory declaration in the form required by the Board made by the person who completed the disclosure report stating that the disclosure report is true and complete to the best of the persons knowledge.

At this time, the Board only requires the information identified in points (a) through (g) be contained in the statutory declaration.  The declaration may include any other information the filing party considers relevant.

The Board requires the following form of statutory declaration be used when filing the disclosure report with the Board.  Copies of any documents referred to in the disclosure report including any collective agreement, trust agreement, contract or other agreement that contain provisions respecting contributions to, or the winding-up of, the market enhancement recover fund should be attached as exhibits to the statutory declaration.

The Board is currently considering whether it will require any other details or documents as well as what process will be adopted to deal with the disclosure report.

 

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