Budget Implementation Act, 2009 (S.C. 2009, c. 2)
Full Document:
Assented to 2009-03-12
354. Subsection 16(2) of the Regulations is replaced by the following:
(2) The trustee or receiver shall provide the information within 45 days from the date of bankruptcy or from the first day on which there was a receiver in relation to the former employer, as the case may be, unless circumstances beyond the control of the trustee or receiver necessitate a longer period.
Marginal note:R.S., c. B-3
Consequential Amendments to the Bankruptcy and Insolvency Act
Marginal note:2005, c. 47, s. 67; 2007, c. 36, s. 38
355. The definition rémunération in subsection 81.3(9) of the French version of the Bankruptcy and Insolvency Act is replaced by the following:
« rémunération »
“compensation”
rémunération S’entend notamment de l’indemnité de vacances, mais non de l’indemnité de départ ou de préavis.
Marginal note:2005, c. 47, s. 67; 2007, c. 36, s. 38
356. The definition rémunération in subsection 81.4(9) of the French version of the Act is replaced by the following:
« rémunération »
“compensation”
rémunération S’entend notamment de l’indemnité de vacances, mais non de l’indemnité de départ ou de préavis.
Transitional Provision
Marginal note:Application
357. The provisions of the Wage Earner Protection Program Act and the Wage Earner Protection Program Regulations as amended by sections 342 to 354 apply
(a) in respect of wages owing to an individual by an employer who becomes bankrupt after January 26, 2009; and
(b) in respect of wages owing to an individual by an employer any of whose property comes under the possession or control of a receiver within the meaning of subsection 243(2) of the Bankruptcy and Insolvency Act after January 26, 2009.
Division 2
Federal Financial Assistance for Students
Marginal note:1994, c. 28
Canada Student Financial Assistance Act
358. Subparagraph 5(a)(iii) of the English version of the Canada Student Financial Assistance Act is replaced by the following:
(iii) principal and interest on a student loan made by the lender to a borrower whose obligations in respect of the loan are terminated in the circumstances set out in section 10 or 11,
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