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D-8.3, r. 7 - Regulation respecting training mutuals

Section 12
Disposition versions

Full text
12. When a training mutual ceases its activities, the sum of the unexpended payments received by the mutual and the interest earned on those sums must be paid into the Workforce Skills Development and Recognition Fund.
The amounts paid into the Fund pursuant to the first paragraph are reserved, for a period not exceeding 3 years from the date on which the mutual ceases its activities, to be used to train the workforce for which the training mutual was recognized.
O.C. 1062-2007, s. 12; O.C. 1194-2009, s. 6.
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