O. Reg. 385/12: PAYMENTS INCLUDED IN DEFINITION OF “SALARY”

Link to law: http://www.ontario.ca/laws/regulation/r12385
Published: 2012-11-22

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ONTARIO REGULATION 385/12

made under the

PUBLIC SECTOR SALARY DISCLOSURE ACT, 1996

Made: October 17, 2012
Filed: November 22, 2012
Published on e-Laws: November 22, 2012
Printed in The Ontario Gazette: December 8, 2012


PAYMENTS INCLUDED IN DEFINITION OF “SALARY”

Amounts considered salary

1. Without limiting the generality of the definition of “salary” in the Act, the following amounts are considered salary for the purposes of the Act for each year beginning in 2012:

1. An amount received by an employee as remuneration on a per diem basis for performing his or her duties as,

i. a director, or

ii. a holder of office elected or appointed under the authority of an Act of Ontario.

2. An amount received by an employee as a retainer in consideration for agreeing to perform duties as a director or holder of office.

Commencement

2. This Regulation comes into force on the later of January 1, 2013 and the day it is filed.

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