A-3.001, r. 7 - Regulation respecting financing

Section 102 Disposition versions

2012-09-01

102. Where an employer does not qualify for retrospective adjustment of its annual assessment for an assessment year but subsequently qualifies for that year after the time limit prescribed for notifying the Commission of the employer’s election, the employer is deemed to have elected a limit of 1 1/2 times the maximum yearly insurable earnings for that assessment year. However, where the employer qualified for retrospective assessment of its assessment for the year preceding the assessment year, the employer is then deemed to have elected a limit equal to 1 1/2, 2, 2 1/2, 3, 4, 5, 6, 7, 8 or 9 times the maximum yearly insurable earnings for the assessment year, on the basis of the election applicable to the previous year.

Decision 2010-11-18, s. 102.