9. The sums received by a training mutual as payments made by an employer or the expenditures incurred by the employer with the training mutual must be used in their entirety for
(1) the services or activities relating to skills development and recognition for the workforce of the employer members having made a payment or incurred an expenditure, such as determination of personnel training needs, preparation of an adapted training offer, training planning, management and organization, training impact analyses or negotiation of agreements with service providers;
(2) training activities and their assessment; and
(3) the training mutual’s expenses.
The same applies to interest earned on employer payments.
O.C. 1062-2007, s. 9; O.C. 1194-2009, s. 5.