120385 PAYMENTS INCLUDED IN DEFINITION OF "SALARY", O. Reg. 385/12 Ont.

Current to 2015-01-07 · last amended 2013-01-01

Contents
s. 1 — Amounts considered salary

Without limiting the generality of the definition of “salary” in the Act, the following amounts are considered salary for the purposes of the Act for each year beginning in 2012:

s. 1(1)

An amount received by an employee as remuneration on a per diem basis for performing his or her duties as,

s. 1(1)(i)

a director, or

s. 1(1)(ii)

a holder of office elected or appointed under the authority of an Act of Ontario.

s. 1(2)

An amount received by an employee as a retainer in consideration for agreeing to perform duties as a director or holder of office.

s. 2

Omitted (provides for coming into force of provisions of this Regulation).