Canada Pension Plan
Marginal note:Liability of directors
21.1 (1) Where an employer who fails to deduct or remit an amount as and when required under subsection 21(1) is a corporation, the persons who were the directors of the corporation at the time when the failure occurred are jointly and severally liable, together with the corporation, to pay to Her Majesty that amount and any interest or penalties relating thereto.
Marginal note:Application of Income Tax Act provisions
Marginal note:Assessment provisions applicable to directors
(3) The provisions of this Act respecting the assessment of an employer for an amount payable by the employer under this Act and respecting the rights and obligations of an employer so assessed apply in respect of a director of a corporation in respect of an amount payable by the director under subsection (1) in the same manner and to the same extent as if the director were the employer referred to in those provisions.
- R.S., 1985, c. 6 (1st Supp.), s. 2
- Date modified: