I-13.2.2, r. 4 - Regulation respecting the indemnification plan applicable pursuant to certain resolution operations

Section 21 Disposition versions

2019-03-31

21. The Authority must pay to the eligible person the indemnity to which they are entitled within the following period of time:

(1)  where the notice set out in section 12 is sent to an eligible person, within 90 days of the date of the notice; and

(2)  in all other cases, within 135 days of the date on which the summary referred to in section 14 is published in the Bulletin of the Authority.

However, where a person applies for a review of a decision of the Authority in respect of the amount of the indemnity, the indemnity must not be paid until the amount ceases to be contested.

M.O. 2019-01, s. 21.

Not in force

In force: 2019-03-31

21. The Authority must pay to the eligible person the indemnity to which they are entitled within the following period of time:

(1)  where the notice set out in section 12 is sent to an eligible person, within 90 days of the date of the notice; and

(2)  in all other cases, within 135 days of the date on which the summary referred to in section 14 is published in the Bulletin of the Authority.

However, where a person applies for a review of a decision of the Authority in respect of the amount of the indemnity, the indemnity must not be paid until the amount ceases to be contested.

M.O. 2019-01, s. 21.