Government Contracts Regulations
Version of section 16 from 2023-04-28 to 2024-06-11:
16 A contracting authority that has received a negotiable security deposit in respect of a contract shall return that security deposit to the contractor if His Majesty has no claim against the contractor arising out of the contract or relating in any manner to the contract and if the contract has been
(a) satisfactorily performed; or
(b) terminated for a reason that is not attributable to any fault of the contractor.
- SOR/2023-82, s. 4(E)
- Date modified: