D-8.3, r. 7 - Regulation respecting training mutuals

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18. This Regulation replaces the Regulation respecting collector organizations (O.C. 874-97, 97-07-02).
A collector organization recognized by that Regulation has 6 months from 1 January 2008 to obtain recognition pursuant to this Regulation as a training mutual. If that recognition if not obtained, the sums collected by the organization and the interest earned on unexpended sums must be paid into the Workforce Skills Development and Recognition Fund. The second paragraph of section 12 of this Regulation applies, with the necessary modifications, to those sums.
O.C. 1062-2007, s. 18.