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Employment Insurance Act

Version of section 80 from 2003-01-01 to 2010-09-22:

Marginal note:Advances

  •  (1) If the amount standing to the credit of the Employment Insurance Account is not sufficient for the payment of amounts authorized to be charged to that Account, the Minister of Finance, when requested by the Commission, may authorize the advance to the Account from the Consolidated Revenue Fund of an amount sufficient to make the payment.

  • Marginal note:Advances repayable

    (2) The advance shall be credited to the Employment Insurance Account and be repaid in such manner and on such terms and conditions as the Minister of Finance may establish.

  • Marginal note:Repayment

    (3) The repayment of the amount advanced and the interest on it, if any, shall be charged to the Employment Insurance Account.

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