N-1.1, r. 0.1 - Regulation respecting personnel placement agencies and recruitment agencies for temporary foreign workers

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39. If the security was provided by cheque, postal money order or bank money order, the amount remains in deposit and is effective for a period of 3 years from the date of the revocation or non-renewal of the licence.
Beyond that period, the Commission may keep the security where it has received a complaint respecting a pecuniary obligation the payment of which could be guaranteed by that security.
The Commission remits the amount or balance of the security to the person, partnership or other entity which provided the amount where the Commission is no longer bound to keep it.
O.C. 1148-2019, s. 39.
In force: 2020-01-01
39. If the security was provided by cheque, postal money order or bank money order, the amount remains in deposit and is effective for a period of 3 years from the date of the revocation or non-renewal of the licence.
Beyond that period, the Commission may keep the security where it has received a complaint respecting a pecuniary obligation the payment of which could be guaranteed by that security.
The Commission remits the amount or balance of the security to the person, partnership or other entity which provided the amount where the Commission is no longer bound to keep it.
O.C. 1148-2019, s. 39.