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Canada Pension Plan

Version of section 110 from 2007-04-01 to 2017-03-02:

  •  (1) [Repealed, 2003, c. 5, s. 5]

  • Marginal note:Interest shall be charged to Account

    (2) The Minister of Finance shall charge interest to the Canada Pension Plan Account at market rates, as determined by that Minister, on any amount paid out of the Consolidated Revenue Fund under subsection 108(3) that exceeds the balance to the credit of the Canada Pension Plan Account. Interest shall be charged for the period beginning on the day on which the amount is paid out of the Consolidated Revenue Fund under subsection 108(3) and ending on the day on which the Investment Board pays that amount into the Consolidated Revenue Fund under section 56 of the Canada Pension Plan Investment Board Act.

  • (2.1) to (8)  [Repealed, 2003, c. 5, s. 5]

  • R.S., 1985, c. C-8, s. 110
  • R.S., 1985, c. 30 (2nd Supp.), s. 55
  • 1997, c. 40, s. 90
  • 2000, c. 14, s. 45
  • 2003, c. 5, s. 5
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