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Veterans Well-being Regulations

Version of section 24 from 2019-04-01 to 2024-02-06:

  •  (1) If, during a calendar year, an amount from a prescribed source referred to in subsection 22(1) or 23(1) or (2) is paid other than on a monthly basis, it shall be converted into an amount payable for a month by dividing the total amount paid from that source by 12 and

    • (a) if it relates to the calendar year in which it is paid, shall be considered for the purpose of that calendar year;

    • (b) if it relates to a previous calendar year, shall be considered for the purpose of that previous calendar year; and

    • (c) if it relates to a subsequent calendar year, shall be considered for the purpose of the calendar year in which it is paid.

  • (2) If an amount from a prescribed source is paid to a veteran referred to in section 99 of the Act or to a survivor referred to in section 106 of the Act, other than on a monthly basis, before April 1, 2019, it shall be converted into a monthly payment in accordance with generally accepted actuarial principles.

  • SOR/2018-177, s. 8

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