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<Bill RHead_reign="56-57 Eliz. II" RHead_ParlYear="2007-2008" DocumentTitle="BILL C-560" Bill_No="C-560" Document_No="392167" xml:lang="EN" Bill_Type="Non-amending" Stage_Name="First-Reading-House" Reprint="No" xml:space="preserve" ChapterNo_E="C. " ChapterNo_F="ch. " Bill-Origin="commons"><Bill_Part Part_Type="Cover" CountLines="No"><Block Align="Yes"><Para Style="CovBillNo">C-560</Para></Block><Block><Para TopMargin="24" Size="9" Leading="10" LeftMargin="0" FirstLineIndent="0" TextAlign="Center">Second Session, Thirty-ninth Parliament,</Para></Block><Block><Para Size="9" Leading="10" LeftMargin="0" FirstLineIndent="0" TextAlign="Center">56-57 Elizabeth II, 2007-2008</Para></Block><Block><Para TopMargin="48" LeftMargin="0" FirstLineIndent="0" Bold="Yes" TextAlign="Center">HOUSE OF COMMONS OF CANADA</Para></Block><Block><Para TopMargin="42" Size="18" Leading="20" LeftMargin="0" FirstLineIndent="0" Bold="Yes" TextAlign="Center">BILL C-560</Para></Block><Block Align="Yes"><Para Style="CovLongTitle">An Act to amend the Canada Pension Plan and the Old Age Security Act (biweekly payment of benefits)</Para></Block><Block Align="Yes"><Para Style="COV_StageLine"></Para></Block><Block><Para Size="9" AllCaps="Yes" Hyphenate="OFF">first reading, June 10, 2008</Para></Block><Block Align="Yes"><Para Style="COV_StageLine"></Para></Block><Block Align="Yes"><Para Style="Cover_Sponsors"><SC SC_PerCent="85">Mr. Valley</SC></Para></Block><Block Align="Yes"><Para Style="Cover_DocNo">392167</Para></Block></Bill_Part><Bill_Part CountLines="No" Part_Type="InsideCover"><Block Align="Yes"><Para Style="BPT_InsideCoverE">Also available on the Parliament of Canada Web Site at the following address:<br/><B>http://www.parl.gc.ca</B></Para></Block><Block LineCnt="N" Align="Yes" KeepWith="Next"><Para TopMargin="108" BottomMargin="4" Size="10" LeftMargin="0" FirstLineIndent="0" Hyphenate="OFF" TextAlign="Center">SOMMARY</Para></Block><Block LineCnt="N" Align="No"><Para TopMargin="5" Size="8" Leading="9" LeftMargin="0" FirstLineIndent="2" Hyphenate="ON" TextAlign="Justify">This enactment amends the <I>Canada Pension Plan</I> and the <I>Old Age Security Act</I> to provide that any benefits that are required to be paid on a periodic basis under those Acts shall be paid on a biweekly basis.</Para></Block></Bill_Part><Bill_Part Part_Type="MainText" CountLines="Yes" RunningHead_E="Canada Pension Plan and the Old Age Security (biweekly payment of benefits)"><Block Align="Yes"><Para Style="MainText_DocNo">392167</Para></Block><Block LineCnt="N" Align="Yes"><Para Style="Session_Reign">2nd Session, 39th Parliament,</Para></Block><Block LineCnt="N" Align="Yes"><Para Style="Session_Reign">56-57 Elizabeth II, 2007-2008</Para></Block><Block LineCnt="N" Align="Yes"><Para Style="MainBillOrigin">house of commons of canada</Para></Block><Block LineCnt="N" Align="Yes"><Para Bold="Yes" Style="MAIN@BillNo_Title">BILL C-560</Para></Block><Block LineCnt="N" Align="Yes"><Para Style="MAIN@ti;04">An Act to amend the Canada Pension Plan and the Old Age Security Act (biweekly payment of benefits)</Para></Block><Block LineCnt="Y" Align="Yes"><Para LeftMargin="0" FirstLineIndent="2" Hyphenate="ON" TextAlign="Justify">Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:</Para></Block><Block LineCnt="N" Align="Yes" KeepWith="Next"><!--Heading:CANADA PENSION PLAN--><MarginalNote>R.S., c. C-8<br/></MarginalNote><Para TopMargin="10" Bold="Yes" Hyphenate="OFF" TextAlign="Center">CANADA PENSION PLAN</Para></Block><Block LineCnt="Y" Align="Yes"><Para TopMargin="5" LeftMargin="0" FirstLineIndent="2" Bold="Yes"><B>1.</B> The <I>Canada Pension Plan</I> is amended by adding the following after section 66.1:</Para></Block><Block LineCnt="Y" Align="Yes"><MarginalNote>Payment of benefits<br/></MarginalNote><Para TopMargin="5" LeftMargin="0" FirstLineIndent="2"><B><change>66.2</change></B> <change>Notwithstanding any other provision of this Act, any benefits that are required to be paid on a periodic basis under this Act shall be paid on a biweekly basis.</change></Para></Block><Block LineCnt="N" Align="Yes" KeepWith="Next"><!--Heading:OLD AGE SECURITY ACT--><MarginalNote>R.S., c. O-9<br/></MarginalNote><Para TopMargin="10" Bold="Yes" Hyphenate="OFF" TextAlign="Center">OLD AGE SECURITY ACT</Para></Block><Block LineCnt="Y" Align="Yes"><Para TopMargin="5" LeftMargin="0" FirstLineIndent="2" Bold="Yes"><B>2.</B> The <I>Old Age Security Act</I> is amended by adding the following after section 37:</Para></Block><Block LineCnt="Y" Align="Yes"><MarginalNote>Payment of benefits<br/></MarginalNote><Para TopMargin="5" LeftMargin="0" FirstLineIndent="2"><B><change>37.1</change></B> <change>Notwithstanding any other provision of this Act, any benefits that are required to be paid on a periodic basis under this Act shall be paid on a biweekly basis.</change></Para></Block><Block Align="Yes"><Para Style="BPT_ImprintE">Published under authority of the Speaker of the House of Commons<br/>Available from:<br/>Publishing and Depository Services<br/>Public Works and Government Services Canada<br/>Ottawa, Ontario K1A 0S5<br/>Telephone: 613-941-5995 or 1-800-635-7943<br/>Fax: 613-954-5779 or 1-800-565-7757<br/>publications@tpsgc-pwgsc.gc.ca<br/>http://publications.gc.ca</Para></Block><Block Align="Yes" LineCnt="N"><Para NoLineBreak="Yes" NoHtml="Yes" Leading="0" Size="0" TopMargin="0" BottomMargin="0"></Para></Block></Bill_Part></Bill>
