34. From July 1 1973, the employer shall remit or cause to be remitted to the Commission the amount of the deductions for the previous month not later than the 15th of each month.
Every employer who does not collect such contributions shall become indebted for them to the Commission and is liable to a penalty equal to 10% of such contributions.
Such contributions shall be paid into the consolidated revenue fund each month by the Commission.
1973, c. 12, s. 201; 1977, c. 23, s. 23.