77Unremitted deductions made by employers

77 Unremitted deductions made by employers

Where: (a) the Registrar is satisfied that a deduction has been made under subsection 46(1) in a calendar month by an employer from the salary or wages of an employee; and (b) the amount of the deduction is not paid to the Registrar under paragraph 47(1)(a) on or before the closing day of the following calendar month; an amount equal to the amount of the deduction unpaid on that closing day must be credited to the Account.