Debt Write-off Regulations, 1994 (SOR/94-602)

4 (1) Subject to subsection 25(2) of the Act and sections 5 and 6 of these Regulations, the appropriate Minister of a department, or an officer authorized by that Minister in writing, may write off from the accounts of the department a debt, or a part of a debt, that has been determined to be uncollectible.

(2) Subject to subsection 25(2) of the Act and section 5 of these Regulations, the appropriate Minister of a department, or an officer authorized by that Minister in writing, may write off from the accounts of the department a debt for which further administrative expense or other costs of collecting the debt are not justifiable in relation to the amount of the debt or the probability of collection.

(3) Subject to subsection 25(2) of the Act, the appropriate Minister of a department, or an officer authorized by that Minister in writing, may write off from the accounts of the department

• (a) the balance of a future debt or a debt not due that remains after payment of the present value of the debt has been accepted as full settlement of the debt; or

• (b) the balance of a debt that remains after a compromise settlement has been effected pursuant to an applicable authority.