I-3 - Taxation Act

Section 1079.8.21 Disposition versions

2016-09-01

1079.8.21. A contractor that fails to obtain a copy of a certificate or ensure that it is valid in accordance with section 1079.8.18 in relation to a construction contract incurs a penalty equal to the greatest of

(a)  $500;

(b)  1% of the cost of the contract, without exceeding $2,500; and

(c)  $2,500 if it is not possible to determine the cost of the contract.

A contractor that incurs a penalty under the first paragraph and has paid an amount for the performance of obligations under the contract without having remedied any failure referred to in the first paragraph incurs an additional penalty equal to the greatest of

(a)  $250;

(b)  2% of the amount paid, if the cost of the contract is less than $100,000, without exceeding $2,000; and

(c)  5% of the amount paid, if the cost of the contract is equal to or greater than $100,000 or if it is not possible to determine the cost, without exceeding $5,000.

2015, c. 8, s. 89.

Not in force

In force: 2016-09-01

1079.8.21. A contractor that fails to obtain a copy of a certificate or ensure that it is valid in accordance with section 1079.8.18 in relation to a construction contract incurs a penalty equal to the greatest of

(a)  $500;

(b)  1% of the cost of the contract, without exceeding $2,500; and

(c)  $2,500 if it is not possible to determine the cost of the contract.

A contractor that incurs a penalty under the first paragraph and has paid an amount for the performance of obligations under the contract without having remedied any failure referred to in the first paragraph incurs an additional penalty equal to the greatest of

(a)  $250;

(b)  2% of the amount paid, if the cost of the contract is less than $100,000, without exceeding $2,000; and

(c)  5% of the amount paid, if the cost of the contract is equal to or greater than $100,000 or if it is not possible to determine the cost, without exceeding $5,000.

This section comes into force on 2016-09-01.

2015, c. 8, s. 89.