A-3.001, r. 7 - Regulation respecting financing

Section 216 Disposition versions

2012-09-01

216. When an employer is required to pay interest under this Chapter, the interest is calculated from the day following the date of issue of the first notice for the annual assessment to the date of issue of the notice concerning the re-determination, adjustment or modification referred to in section 214.

When the employer fails to send a statement pursuant to section 21 or 33 for an assessment year within the prescribed time, the interest for that assessment year is calculated from the day following the time limit for sending the statement to the date of issue of the notice concerning the re-determination, adjustment or modification referred to in section 214.

Decision 2010-11-18, s. 216.