Adjustment Assistance Regulations (Textile and Clothing Workers) (C.R.C., c. 316)
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Regulations are current to 2026-03-17
12 (1) When the maximum pre-retirement benefit is adjusted annually pursuant to section 11,
(a) the product obtained by multiplying the amount referred to in paragraph 11(1)(a) by the ratio referred to in paragraph 11(1)(b) shall be adjusted to the nearest cent in accordance with subsection (2); and
(b) the quotient obtained from the ratio referred to in paragraph 11(1)(b) shall be expressed as a decimal fraction in accordance with subsection (3).
(2) Where the product referred to in paragraph (1)(a) contains a fractional part of $1, that fraction shall be expressed as a decimal fraction of three or more digits after the decimal point and
(a) the third and subsequent digits after the decimal point shall be dropped if the third digit is less than five; or
(b) the second digit after the decimal point shall be increased by one and the third and subsequent digits shall be dropped if the third digit is five or greater than five.
(3) Where the quotient referred to in paragraph (1)(b) contains a fraction that is less than one, that fraction shall be expressed as a decimal fraction of four digits after the decimal point, and
(a) the fourth digit after the decimal point shall be dropped if that digit is less than five; or
(b) the third digit after the decimal point shall be increased by one and the fourth digit dropped if the fourth digit is five or greater than five.
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