Employment Insurance Regulations

71 The effective date of a reduction of the employer’s premium rate under subsection 62(1) is,

• (a) in the case of an initial application for a reduction,

  • (i) the first day of the month following the month in which the application was made, if it was made on or before the 15th day of the month, or

  • (ii) the first day of the second month following the month in which the application was made, if it was made after the 15th day of the month, and

• (b) in the case of an application for the continuation of a reduction, the effective date of the modification or replacement of the plan.