Finance committee  Clause 43 adds new section 157 to the Excise Tax Act to simplify compliance in respect of transactions between an employer and a pension plan trust in the case where an employer performs activities in relation to a registered pension plan of employees of the employer. New section 157 allows a participating employer of a registered pension plan to jointly elect with a pension plan trust to treat any actual taxable supplies by the employer to the pension plan trust as being made for no consideration, meaning that no tax applies to these actual supplies.