Canada Pension Plan

Marginal note:Priority in which payment to be applied

37 Where any payment is made by a person to the Minister on account of taxes specified in section 228 of the Income Tax Act and of a contribution under this Act in respect of self-employed earnings, notwithstanding any direction made by the person making the payment with respect to its application, the part of the payment that would be applied under that section in payment of tax under the Income Tax Act shall be applied in payment of the contribution under this Act and shall be deemed to be a payment on account thereof, and to the extent of the amount so applied shall not discharge liability for tax under the Income Tax Act, and any amount then remaining shall be applied in payment of tax under the Income Tax Act and shall discharge the liability of the person making the payment for that tax to the extent of that amount.