moved:
Motion No. 93
That Bill C-36, in Clause 104, be amended by adding after line 40 on page 52 the following:
“(11) Notwithstanding any other provision in this Act, where the total amount of monies expended in a year to pay benefits is less than fifty per cent of the total amount of monies paid in that year by any of premiums, the Minister shall, in the next year, reduce the premium rate by the amount of unexpended monies that exceeds the amount of those monies that is equal to the amount of monies expended to pay those benefits. The Minister shall, by regulation, carry out such calculations as the Minister deems necessary to effect the reduction.”