moved:
Motion No. 113
That Bill C-12, in Clause 96, be amended by replacing lines 45 to 48, on page 81, and lines 1 and 2, on page 82 with the following:
"$2,000-(IE-P)+I
where
P is the aggregate of all deducted amounts mentioned in subsection (4);
IE is the person's insurable earnings in the year; and
I is the interest at the prescribed rate on the deducted amounts calculated from the day they were paid into the Consolidated Revenue Fund."