D-8.3 - Act to promote workforce skills development and recognition

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11. If the total of an employer’s eligible training expenditures applicable to a year is greater than the aggregate of the amount of the employer’s minimum participation set under section 3 for that year and, if applicable, the portion of those expenditures that is taken into account for the purpose of determining an amount that is deemed to be paid to the Minister of Revenue under Division II.5.1.1 or II.5.1.2 of Chapter III.1 of Title III of Book IX of Part I of the Taxation Act (chapter I-3), the excess amount is carried forward to the following year and becomes an eligible training expenditure for that following year.
If the business of an employer is transferred in a year to another employer following a winding-up to which Chapter VII of Title IX of Book III of Part I of the Taxation Act applies, the excess amount of the former employer is deemed to be an eligible training expenditure of the latter employer for the year.
Training expenditures incurred by an employer in the year preceding the year in which he becomes subject to Division I, and that would have been eligible had he been subject to this Act, are carried forward to the following year and become eligible training expenditures for that year.
1995, c. 43, s. 11; 1997, c. 20, s. 2; 2009, c. 15, s. 5.
11. Where the total of an employer’s eligible training expenditures applicable to a year is greater than the amount of his minimum participation fixed pursuant to section 3 for that year, the excess amount is carried forward to the following year and becomes eligible training expenditures for that following year.
Where the business of an employer is transferred in a year to another employer following a winding-up to which Chapter VII of Title IX of Book III of Part I of the Taxation Act (chapter I-3) applies, the excess amount of the former employer is deemed to be eligible training expenditures of the latter employer for the year.
Training expenditures incurred by an employer in the year preceding the year in which he becomes subject to Division I, and that would have been eligible had he been subject to this Act, are carried forward to the following year and become eligible training expenditures for that year.
1995, c. 43, s. 11; 1997, c. 20, s. 2.
11. Where the total of an employer’s eligible training expenditures applicable to a year is greater than the amount of his minimum participation fixed pursuant to section 3 for that year, the excess amount is carried forward to the following year and becomes eligible training expenditures for that following year.
Training expenditures incurred by an employer in the year preceding the year in which he becomes subject to Division I, and that would have been eligible had he been subject to this Act, are carried forward to the following year and become eligible training expenditures for that year.
1995, c. 43, s. 11.