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A-3.001, r. 7 - Regulation respecting financing
Section 170
Disposition versions
170. For the purposes of section 314.3 of the Act and for the purposes of this Chapter, a transaction is regarded as a legal transaction following which the insured risk of an initial employer (the predecessor) is transferred to another employer (the successor) who continues, in whole or in part, the activities of the initial employer. It also includes a merger following which the insured risk of the merging employers (the predecessors) continues in respect of the employer created by the merger (the successor) who continues, in whole or in part, the activities of the merging employers.
