Veterans Well-being Regulations (SOR/2006-50)

RELATED PROVISIONS

• — SOR/2013-157, s. 7

  • 7 For greater certainty, any amount paid in respect of expenses incurred prior to the day on which these Regulations come into force shall not be considered for the purposes of subsection 15(3).

• — SOR/2018-177, s. 19

  • 19 For the purposes of section 131 of the Veterans Well-being Act, sections 54.1 to 54.3 of the Veterans Well-being Regulations, as they read immediately before April 1, 2019, continue to apply, with all references in those provisions to the Act being read as references to the former Act, as defined in section 130 of the Act.

• — SOR/2018-177, s. 20

  • 20 For the purposes of subsection 132(1) of the Veterans Well-being Act, the number referred to in the description of D is to be determined in accordance with generally accepted actuarial principles for the purpose of converting the lump sum represented by B – C, as described in that subsection, into a monthly annuity payable over the life of the member or veteran and in the same manner as pain and suffering compensation that is paid or payable monthly, based on the following assumptions:

    • (a) the mortality rates are the assumed mortality rates, including assumed mortality improvement rates, used in the valuation of the liability of pain and suffering compensation, as at March 31, 2018, for the purpose of the preparation of the Public Accounts of Canada;

    • (b) the interest rate is the assumed discount rate used in the valuation of the liability of pain and suffering compensation, as at March 31, 2018, for the purpose of the preparation of the Public Accounts of Canada; and

    • (c) the Consumer Price Index is the assumed Consumer Price Index used in the valuation of the liability of pain and suffering compensation, as at March 31, 2018, for the purpose of the preparation of the Public Accounts of Canada.

• — 2026, c. 3, s. 377

  • • 377 (1) Section 27 of the Regulations is amended by adding the following after subsection (1):

      • (1.1) For the purposes of subsection (1), the first annual adjustment to the value of variable A and variable B described in subsection 19(1) of the Act shall be prorated to the number of days remaining in the calendar year as of the day on which the earnings loss benefit begins to be payable.

    • (2) Subsection 27(1.1) of the Regulations is repealed.

    • (3) Section 27 of the Regulations is amended by adding the following after subsection (2):

      • (2.1) For the purposes of subsection (2), the first annual adjustment to the value of the benefit referred to in subsection 23(1) of the Act and to the amount determined under subsection 23(3) of the Act shall be prorated to the number of days remaining in the calendar year as of the day on which the earnings loss benefit begins to be payable.

    • (4) Subsection 27(2.1) of the Regulations is repealed.

• — 2026, c. 3, s. 379

  • April 1, 2006

    • 379 (1) Subsections 376(1) and 377(1) and (3) are deemed to have come into force on April 1, 2006.

    • October 3, 2011

      (2) Subsection 376(2) is deemed to have come into force on October 3, 2011.

    • April 1, 2015

      (3) Subsection 376(3) is deemed to have come into force on April 1, 2015.

    • April 1, 2019

      (4) Subsections 376(4) and 377(2) and (4) are deemed to have come into force on April 1, 2019.