40 Every person who is guilty of an offence under section 38 or 39 is liable on summary conviction to a fine of not more than $5,000 or to imprisonment for a term of not more than six months, or to both.
41 The Governor in Council may make regulations generally for carrying out the purposes of this Act, including regulations
(a) prescribing amounts for the purposes of subsection 2(1);
(b) prescribing reasons for the purposes of paragraph 5(a);
(c) defining controlling interest and managerial position for the purposes of section 6;
(d) prescribing an amount for the purposes of subsection 7(1);
(e) respecting the allocation of payments to the different components of wages;
(f) respecting the period during which and the manner in which applications for payments are to be made under section 8;
(g) respecting the period during which and the manner in which a review may be requested under section 11 or an appeal may be made under section 14;
(h) prescribing the classes of individuals that the trustee or receiver is not required to inform under paragraph 21(1)(c) or to whom they are not required to provide information under paragraph 21(1)(d);
(i) respecting the information that is to be provided by trustees and receivers to the Minister and to individuals for the purposes of paragraph 21(1)(d) and respecting the period during which and the manner in which that information is to be provided;
(j) respecting the period during which and the manner in which the information referred to in paragraph 21(1)(c) and subsections 21(3) and (4) is to be provided; and
(k) prescribing fees and expenses for the purposes of subsection 22(2) and the circumstances in which they are to be paid.
- 2005, c. 47, s. 1 “41”;
- 2007, c. 36, s. 94;
- 2009, c. 2, s. 347.
Review of Act
42 Within five years after the day on which this section comes into force, the Minister must cause a review of this Act and its administration and operation to be conducted, and cause a report on the review to be laid before each House of Parliament on any of the first 15 days on which that House is sitting after the review is completed.
- Date modified: