Effective date: September 1, 2011
Application: All employer accounts.
Policy subject: Employer payroll and premiums
Purpose:
To establish guidelines for when the Workers’ Compensation Board (WCB) may cancel penalties and interest charges applied to employers’ accounts.
The Workers’ Compensation Act, 2013 (the “Act”) and The Workers’ Compensation General Regulations, 1985 (the “General Regulations”) authorize the WCB to charge penalties and interest to employers who fail to register their business, provide payroll information, or remit premiums promptly.
The Workers’ Compensation Act, 2013
122, 123;
The Workers’ Compensation General Regulations 3, 4, 5, 8, 9
01 January 2014. References updated in accordance with The Workers’ Compensation Act, 2013.