Tax Collection Agreements and Federal Post-Secondary Education and Health Contributions Regulations, 1987 (SOR/87-218)

9 For the purposes of section 12.1 of the Act, the Minister shall pay to each province the amount determined thereunder for a fiscal year within 30 days after receiving the statement referred to in subsection 8(1) for that fiscal year, and shall furnish the province with a statement setting out how the amount was determined.

10 Where, as a result of additional information received from the Minister of National Revenue, the Minister determines that an overpayment or an underpayment has been made under section 12.1 of the Act to a province in respect of a fiscal year, the Minister shall

• (a) in the case of an overpayment, recover from the province, as a debt due to Her Majesty in right of Canada, an amount equal to the overpayment from any moneys that become payable to the province under the Act or any other Act of Parliament for that or any other fiscal year; and

• (b) in the case of an underpayment, pay to the province an amount equal to the balance owing.

Ceasing of Effect

11 Sections 5 to 7 cease to have effect on April 1, 1999.