moved:
Motion No. 86
That Bill C-36, in Clause 100, be amended by replacing lines 19 and 20 on page 49 with the following:
“which an interest-”
Motion No. 87
That Bill C-36 be amended by deleting Clause 103.
Motion No. 88
That Bill C-36, in Clause 104, be amended
(a) by replacing lines 4 to 11 on page 51 with the following:
“(8.2) With respect to 1999, the Minister shall refund, in the prescribed manner, to designated persons the prescribed portion of the amount determined by the following formula if that amount is more than $1:
(E2-E1) x P1999
where
E1 is the total of all insurable earnings paid in 1998 by the employer, for which premiums were deductible, in respect of employees who were 18 years of age or older but younger than 25 at any time during 1998;
E2 is the total of all insurable earnings paid in 1999 by the employer, for which premiums were deductible, in respect of employees who were 18 years of age or older but younger than 25 at any time during 1999; and P1999 is 1.4 times the premium rate for 1999.
(8.21) For the purposes of subsection (8.2), designated persons means persons who have paid the employee's premium or the employer's premium in 1999.”
(b) by replacing lines 3 to 40 on page 52 with the following:
“(9) If at any time during a year for which a refund is sought two or more employers are associated, as defined by the regulations, they shall be considered a single employer for the purposes of subsections (6) to (8.3) and any refund shall be allocated to them in the prescribed manner.”