14Debiting of accounts

14 Debiting of accounts

14 Debiting of accounts

(1) Whenever the Board pays a benefit in accordance with clause 11 (additional benefit for qualified transferred contributors) or clause 12 (minimum benefit for qualified transferred contributors), the Board shall—

(a) debit the Additional Benefit Reserve Fund established under the current Act with the amount of the additional benefit which would have been payable if an additional benefit had been paid under that Act, and

(b) debit the remainder to the appropriate employer reserve.

(2) Whenever the Board pays a benefit in accordance with clause 13 (minimum benefit for transferred contributors not qualified), the Board shall debit the appropriate employer reserve with the difference between the amount of the benefit so paid and the amount that, but for that clause, would have been paid under the current Act.