Canadian Forces Superannuation Regulations

23 (1) If a contributor received erroneous or misleading information in writing with respect to the amount to be paid or the consequences on their benefits resulting from one of the following options or the following election, from a person whose normal duties include giving information about those matters, and the contributor, in exercising the option or making the election, acted on that information, the contributor may revoke it:

• (a) an option exercised under subsection 18(1) or 19(1) of the Act, section 67 of An Act to amend the Canadian Forces Superannuation Act and to make consequential amendments to other Acts chapter 26 of the Statutes of Canada, 2003, or section 8.2 or 16.8 of these Regulations;

• (b) an option deemed to have been exercised under subsection 23(2) or (3) of the Act; or

• (c) a top-up election made under section 14.2.

(2) The contributor who revokes an option may exercise a new option under the provisions

• (a) referred to in paragraph (1)(a); or

• (b) that were available to the contributor on the day before the day on which the option referred to in paragraph (1)(b) was deemed to have been exercised.

(3) The contributor who revokes a top-up election made under section 14.2 may make a new election under that provision.