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• 82 (1) For the purposes of subsection 10(9) of the Act, for any period on or after January 1, 1997, interest shall be calculated and balances determined in accordance with this section and shall be calculated in respect of every quarter up to and including the quarter preceding the quarter in which the return of contributions is paid.

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• (4) For the purposes of paragraphs 10(9)(b) and (c) of the Act in respect of each quarter that begins on or after January 1, 1997 and ends before April 1, 2002, interest shall be calculated at the rate determined under subsection 46(2) on the aggregate of

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  • (b) the aggregate of all amounts referred to in paragraphs (a), (b) and (c) of the definition return of contributions in subsection 10(1) of the Act that have been paid by the contributor or transferred to the credit of the contributor on or after January 1, 1997 and before the end of the preceding quarter, and

  • (c) interest calculated in accordance with this subsection as of the end of the quarter preceding the quarter for which the interest is being calculated.

• (5) For the purposes of paragraph 10(9)(c) of the Act, in respect of each quarter that begins on or after April 1, 2002, interest shall be calculated at the rate determined under subsection (6) on the aggregate of

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  • (b) the aggregate of all amounts referred to in paragraphs (a), (b) and (c) of the definition return of contributions in subsection 10(1) of the Act that have been paid by the contributor or transferred to the credit of the contributor on or after April 1, 2002 and before the end of the preceding quarter, and

  • (c) the interest calculated in accordance with this subsection as of the end of the quarter preceding the quarter for which interest is being calculated.

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• 46 (1) For the purposes of paragraph 44(1)(c) of the Act, interest shall be calculated in respect of each quarter in each fiscal year as of the last day of June, September, December and March on the balance to the credit of the Superannuation Account on the last day of the preceding quarter.

• (2) The rate to be used for the purpose of calculating interest under subsection (1) in respect of any quarter is that rate which would yield an amount of interest equal to the amount of interest that the aggregate of the balances to the credit of the Superannuation Accounts maintained under the Public Service Superannuation Act, the Canadian Forces Superannuation Act and the Royal Canadian Mounted Police Superannuation Act would have yielded during that quarter if the quarterly excess were invested at,

  • (a) where the rate is to be used in respect of any quarterly excess after December 31, 1965, the average of the rates of interest that may be or have been determined by the Minister of Finance for the months in that quarter pursuant to subsection 111(2) of the Canada Pension Plan; and

  • (b) where the rate is to be used in respect of any quarterly excess before the quarter ending on March 31, 1966, the average of the rates of interest determined by the Minister of Finance for the months in that quarter as if subsection 111(2) of the Canada Pension Plan had been in force.

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• (4) In this section quarterly excess means

  • (a) the total of the amounts credited to the Superannuation Accounts maintained under the Public Service Superannuation Act, the Canadian Forces Superannuation Act and the Royal Canadian Mounted Police Superannuation Act during any quarter of a fiscal year

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  • (b) the payments charged to those Accounts during that quarter

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  • (c) the total of any amounts credited to those Accounts less the payments charged to those Accounts during any quarter of a fiscal year that is a multiple of 20 years prior to the quarter referred to in paragraph (a).

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• (2) A contributor shall pay to the Minister the amount payable pursuant to section 7 in advance of each year or each quarter of a period of absence of the contributor in respect of that year or quarter where the contributor is

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